Venture capital firm Kleiner Perkins learns an age-old lesson

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Venture capital firm Kleiner Perkins learns an age-old lesson: get in bed with a whore and your wallet will be missing in the morning. They brought Al Gore into the firm as a senior partner in 2007. Gore talked them into all kinds of “clean energy” investments (including Fisker Automotive, which just fired 75% of its workforce) and now the legendary venture firm admits the experience has been “humbling.”

This post was last modified on January 26, 2021

J.P. Travis: Born and raised in Grand Rapids, Michigan, 1976 graduate of University of Michigan, father, grandfather, husband, founder and CEO of Travelyn Publishing (http://www.travelynpublishing.com/), and passionate anti-government believer in individual liberty.

View Comments (8)

    • Did I mention they also have Colin Powell on the board? I don't think they can handle a third ignorant leech.

  • I wonder if anyone at the firm opposed this nonsense from the start. If so, do the still have their job in this green folly atmosphere?

  • Looks like these mental midgets just got scammed by an expert bullshit artist. Expect to see some heads rolling at this firm in the very near future.

  • Bwa hahahaha. All these highly paid intellectuals running companies into the ground when any half wit could have told them to run from these deals.
    Excuse me while I laugh my ass off again. Hhahahahahahahahaha

    • I just read on the Internet (NYT none the less) that John Doehr is now looking for a government bailout because of his incompetence. (Last four words mine.)

      • If we don't get this foreign empty suit out of office soon, he's liable to get his bailout!