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Recorded Jan. 21, 2009
Other Newsmakers
- Randy Hetrick, MBA '03, Fitness Tool Inventor
- Katie Hall, MBA '84, Hedge Fund Honoree
- Larry Klane, MBA '87, South Korean Banker
- John Abbamondi, MBA '04, Baseball Number Cruncher
- Gary Singleterry, MBA '74, Legendary Punter
- Rod Beckstrom, MBA '87, Cyber Identity Provider
- Ed Krell, MBA '88, Recession-Adjusted Retailer
- Herbert Allison, MBA '71, TARP director
- Vinod Khosla, MBA '80, Revising Venture Capital
- Josh Silverman, MBA '97, Chats with Oprah
- Joe Davis, MBA '88, Cold-dipper in San Francisco Bay
- More Alumni in the News
Updated weekly.
Newsmakers
New Tech Reverts to Old-Style Financing
Khosla Ventures, founded in 2004 by Vinod Khosla, MBA '80, announced in September that it had raised $1.1 billion in two funds and will start investing the smaller $275 million fund in very-early-stage green startups. The goal of the fund, which is "geared toward science experiments, ... is to take risks that nobody else will take," Khosla told the New York Times. "This is the 1980s style of venture capital -- real technical risk with small amounts of money and small teams," he said, adding, "Clean-tech companies taking large amounts of money -- that's project finance, not technical risk. That's a differentiation most people have lost."