Showdown between VCs and oil industry
Silicon Valley venture capital firms like Kleiner Perkins Caufield & Byers, and lone ranger investors like Vinod Khosla, continue to push for legislation that irks the oil industry.
The New York Times has the latest, citing Kleiner Perkins’ partner John Denniston (pictured here) arguing that renewable biofuel companies like Altra should get some of the subsidy for gas alternatives, and that it shouldn’t all go to the oil industry.
Mr. Denniston also wants to see a change… Continue Reading