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