“Venture Assistant” Vinod Khosla on Cleantech
Here’s a TechCrunch video in which venture capitalist Vinod Khosla talks about some of his observations, including cleantech. Actually, as you’ll see, he prefers the term “venture assistant” and eschews terms like “capitalist” and “deal,” as they don’t imply what he believes to be essential to his craft, i.e., helping entrepreneurs succeed.
His new fund is 50% IT and 50% cleantech, and he takes issue with those who say that cleantech has been a disaster. He’s made over $1 billion in profits in three IPOs in this space, and says there are six or so others that are likely to happen in the next 12 months.