Reason for Kleiner’s start in clean-tech: Bill Joy’s luxury boat
Newsweek has a good story about how big-name Silicon Valley venture capital firm Kleiner Perkins fell for clean tech.
It took several steps, but the ironic obsession by new partner Bill Joy with his $50 million 190-foot superyacht is what put it into high-gear:
…Joy was already deeply interested in alternative energy, ironically thanks to an indulgence of the über-wealthy. Since 2004, he has spent tens of millions to build what he describes as the world’s most… Continue Reading
Bill Joy’s $50 million eco-friendly yacht
Joy
Bill Joy, co-founder of Sun Microsystems, is building a $50 million yacht — an eco-friendly 190-footer named Ethereal — to be the most efficient, eco-friendly boat afloat.
Joy, who is now a venture capitalist at Silicon Valley venture firm Kleiner Perkins Caufield & Byers, apparently told Fortune (flip through the glossy pages here; you’ll have to go to page 82 for the full thing) he wants it to be an ambassador for the “green tech” he… Continue Reading