Kleiner Perkins Caufield & Byers

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Critics Lash Gore's Green 'Profiteering'

Investment profits go back into his nonprofit, counters ex-VP

(Newser) - Al Gore is going to become the world's first "carbon billionaire" thanks to investments in firms that will profit from policies he advocates, his critics say. The ex-VP is a partner in a venture capital firm that stands to make huge profits from investments in green technology, causing accusations... More »

Gore, Righties Bond Over Non-Embryonic Stem Cells

(Newser) - Some conservatives see recent investments by Al Gore’s venture-capital group into stem-cell research involving a non-embryonic variety as a tacit denial of that more invasive method, the New Scientist reports. Gore’s company has put $20 million into a project researching treatment with induced pluripotent stem cells, which do... More »

Gore Venture Fund Raises $1.2B for Green Tech Investment

Bullish Kleiner Perkins dismisses bubble talk

(Newser) - A Silicon Valley venture-capital firm announced yesterday it's raised $1.2 billion to invest in green technology—with an assist from new partner Al Gore. One Kleiner Perkins fund will invest in established companies, while the other will back clean-tech startups, the San Jose Mercury News reports. “He is... More »

Electric Car Maker Sues Rival for Stealing Trade Secrets

Designer Fisker employed by Tesla, then started own company

(Newser) - The maker of an electric sports car is suing a rival company, alleging stolen trade secrets, the New York Times reports. Tesla Motors hired Henrik Fisker to design a new sedan; after a subpar effort, Tesla says, he founded his own company and built a better vehicle with Tesla tricks.... More »

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