Read in a WSJ article that Al Gore is joining as a partner with Kleiner Perkins to focus on energy and climate change investments. He said he will donate his salary and all his earnings to the environmental group Alliance for Climate Protection. Although he didn't say whether he would commit his earnings from future Kleiner investments (where the real money comes in anyway). It's really interesting the type of career switching this guy has been able to do. Vice President, U.S. House of Representatives, U.S. Senate, state senate, Nobel Peace Prize winner, activist. Admirable guy ... although I have to admit that I voted against him.
There's a lot of VC money going into "green tech" projects these days - $2.2 billion in 2007! I read an article in Forbes about the next generation of VC's leading the charge. The bios of these folks is truly ridiculous. Here's an excerpt: This trio could get hired anywhere. Aileen Lee was president of her section at Harvard Business School. Trae Vassallo learned to program when she was 7 and at 28 cofounded a wireless e-mail company that Motorola bought for $550 million. Samir Kaul led the effort to sequence the genome of the arabidopsis plant and then built three life sciences companies from scratch. He's only 33. These three are among venture capital's new guard. That's kind of humbling.
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