Venture Capital vs. Oil: Funding Clean Tech

 
sorry you have to click on the link below (the long sentence) to view the video. WordPress only allows video to be  linking to files from Google Video, YoutubeDailyMotion,GrouperOdeo, and SplashCast. I know … a bit annoying.

Meet Vinod Khosla, co-founder of Sun Microsystems, a long time venture capitalist and a man determined to help foster clean energy technologies and end our dependence on foreign oil.

Vinod Khosla, the VC mogul states, “The nature of our fund is that we don’t make plans. We fund everything that is interesting and we fund nothing that is uninteresting. Because we don’t have a quota to make”

Vinod Khosla grew up dreaming of being an entrepreneur, despite growing up in an Indian Army household with no business or technology connections. Since age 16, when he first heard about Intel starting up, he dreamt of starting his own technology company. Vinod Khosla started Khosla Ventures in 2004. Two-thirds of Khosla Venture’s investments are focused on cleantech and the other third is concentrated on web, mobile startups. In 2007, the firm had 14 clean tech deals valued at $68.4 million. Vinod is passionate in the cleantech industry and believes proper analysis will ultimately lead to healthier environment.

What’s the best way to help the environment and lower carbon reduction? “They should change their light bulbs. That saves them money and its a negative cost per a ton of carbon. While a Toyota prius is $90 to reduce a ton of carbon.”

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One thought on “Venture Capital vs. Oil: Funding Clean Tech

  1. I linked to your piece today in my blog post for the Innovators-Network as I think the world of Khosla and his easy-going, well-researched way of picking the best of cleantech investments.

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