Corporate & Securities Law

Venture Capital Going Green to Get the Green

By Ryan

Al Gore didn’t invent the Internet, but he did make up global warming.

(OK, maybe he’s right.)

And now the former Vice President is teaming up with Kleiner Perkins Caufield & Byers to find, fund and accelerate green business, technology and policy solutions to help solve the current climate crisis.

The partnership will provide both funding and global business-building expertise to public and private companies, as well as to entrepreneurs. Gore will join KPCB as a partner while John Doerr will join the advisory board of Generation Investment Management, a company Gore co-founded.

Venture Capitalists flocking to green startups and clean-tech isn’t that new. But this might be the first time a VC firm can boast a Nobel Peace prize and Academy Award Winner is one of its partners.

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Full post as published by The Startup Lawyer on November 19, 2007 (boomark / email).