Kleiner Perkins related stories
All articles and analysis
PE Week Wire: Wednesday, January 14, 2009Random Ramblings
Year in Review: CleantechInvestors are still crazy for cleantech, but they plan to hedge their bets by investing in more capital-efficient companies
A Year To Forget: Time Line for 2008A guide to the key events and big stories of 2008
- Blackstone Backs Cellulosic Ethanol Startup Coskata
The Blackstone Group has quietly led a $40 million Series C round for Coskata Inc., a Warrenville, Ill.-based developer of technologies for processing biorefuse into ethanol. The investment came out of Blackstone’s inaugural Cleantech Venture Partners fund, which is in the process of being raised. Jamie Kiggen, a Blackstone senior managing director, will join the Coskata board. Other return backers include Advanced Technology Ventures, Globespan Capital Partners, GreatPoint Ventures and Khosla Ventures. The company also counts General Motors as a strategic equity partner from its Series B round, but the troubled automaker did not participate this time around. To date, Coskata has raised over $76 million. Blackstone is one of many firms raising new funds to help industrial cleantech companies (biofuels, electric vehicles, etc.) bridge the gap between traditional venture capital
- peHUB Second Opinion 12.3
Elliot Spitzer Has A New Job: He's now an online columnist for Slate http://cityroom.blogs.nytimes.com/2008/12/03/spitzer-gets-a-new-job-as-online-columnist/?dbk This is sure to generate giant eyerolls and tons of begrudging readership. Brilliant marketing move for the online magazine, I say. Winner: Neuberger Berman has sold to, itself! Management and senior employees won the auction http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20081203006264&newsLang=en Realogy: What its basement level bond prices mean for the company's solvency http://norris.blogs.nytimes.com/2008/12/02/does-the-fact-a-companys-bon/ Leaked: Kleiner Perkins accidentally published 588 iFund Applications http://www.techcrunch.com/2008/12/03/588-kleiner-perkins-ifund-applications-accidentally-published-to-web/ online. Shouldn't VC guys have their sh*t together on tech-y stuff like this? Either way, big oops. Truckin: The Big Three CEOs had to drive to their hearings this time, after outrage over the whole private jet debacle. Dealzone suggests some roadtrip tunes http://blogs.reuters.com/reuters-dealzone/2008/12/03/tunes-for-a-gloomy-roadtrip/
- peHUB First Read
* Chrysler is providing Cerberus with all sorts of unwelcome publicity and scrutiny https://admin.venturecapitaljournal.com/24225/cerberus-faces-unwelcome-scrutiny-as-autos-struggle/ * An analyst calls Rupert Murdoch's Dow Jones acquisition a dud http://www.thedeal.com/dealscape/2008/11/analyst_murdoch_wasted_money_o.php * Neil Kashkari: Sexiest moneyman alive? http://blogs.wsj.com/deals/2008/11/20/neel-kashkari-pinup/ * Morning call: All eyes on Citi, as U.S. futures are up nearly 4% http://www.reuters.com/article/usMktRpt/idUSLL56454120081121 European shares are up http://www.reuters.com/article/eurMktRpt/idUSLL71157720081121 Nikkei gains http://www.reuters.com/article/tokyoMktRpt/idUST2492820081121 nearly 3% and talk of a Chinese rate cut boosts Hong Kong http://www.reuters.com/article/hongkongMktRpt/idUSHKG2318420081121 * The rise of the journo-gurus http://www.moreintelligentlife.com/story/the-rise-of-the-journo-gurus
- peHUB First Read
* Stock drops all around: U.S. futures are down http://www.reuters.com/article/usMktRpt/idUSL639376420081106 Europe falls on weak financials http://www.reuters.com/article/eurMktRpt/idUSL63561120081106 and Japanese automakers punish the Nikkei http://www.reuters.com/article/tokyoMktRpt/idUKT3815420081106 * It's not big news that Wall Street bonuses will be smaller this year http://www.nytimes.com/2008/11/06/business/06pay.html?_r=1&ref=business&oref=slogin The real news is that there will even be Wall Street bonuses this year. Talk about money for nothing. At least the Epicurean Dealmaker gets it http://epicureandealmaker.blogspot.com/2008/10/ring-ring-its-cluephone-for-you.html * Fill up those gas jugs now, because oil is heading back $100 a barrel http://www.ft.com/cms/s/0/ca2b5254-ab6a-11dd-b9e1-000077b07658.html?nclick_check=1 * Who should Obama pick to be the federal government's next chief technology officer? John Doerr suggests Sun Microsystems co-founder Bill Joy http://venturebeat.com/2008/11/05/web-20-summit-a-conversation-with-venture-capitalist-john-doerr/ who also happens to be a partner with Kleiner Perkins. * Michelle Leder proposes Nell Minow for SEC chair http://www.footnoted.org/sec-stuff/who-should-run-the-sec-in-an-obama-administration/ * Portfolio lets you pick the next Treasury Secretary http://www.portfolio.com/interactive-features/2008/11/US-Treasury-Secretary-Brackets (let's all work to shift sentiment away from Larry Summers).
Still no cure for the IPO bluesMore VC-backed companies yank IPO plans in wake of financial crisis