Monday, November 12, 2007

Gore Joins Major Venture Capital Firm

From the Washington Post:

Nobel Peace Prize winner and former Vice President Al Gore announced Monday he's joining Silicon Valley's most prestigious venture capital firm to guide investments that help combat global warming.

Gore, an environmental activist who won an Academy Award for his global warming documentary "An Inconvenient Truth," joins Kleiner Perkins Caufield & Byers as it and dozens of other venture firms headquartered in Silicon Valley expand beyond software, computer hardware, the Internet and biotechnology to so-called "clean-tech" investments worldwide.

Gore is expected to be a high-profile, active partner at Kleiner Perkins. He's already a senior adviser to Google Inc. and a member of the board at Apple Inc. Alliance for Climate Protection, the advocacy group he co-founded, is based in Palo Alto.

Also Monday, Kleiner Perkins partner John Doerr announced he's joining the advisory board of Generation Investment Management, the $1 billion investment firm that Gore founded with David Blood, who previously managed $325 billion in assets out of Goldman Sachs' London office. Doerr is one of Silicon Valley's most outspoken clean-tech advocates....MORE

Alex, I'll take Gore, for a billion, please.