Nextdoor.com Inc., a social- networking site for neighborhoods, raised $60 million in a funding round led by Kleiner Perkins Caufield & Byers and Tiger Global Management to hire more engineers and expand overseas.
John Doerr, head of Kleiner Perkins Caufield & Byers’s alternative-energy practice, said he would give the U.S. a C grade for development of green technology, which trails innovation in Internet and biotechnology.
John Doerr, the lead partner at venture capital powerhouse Kleiner Perkins Caufield & Byers, is joining Zynga Inc.’s board of directors, bolstering governance at the game maker as it seeks to revive growth.
Venture capitalist John Doerr and his wife gave $1.5 million last week to a group that’s defending global-warming legislation in California, bringing the couple’s total contribution so far to $2 million.
John Doerr, the lead partner at Kleiner Perkins Caufield & Byers, said a lawsuit accusing the venture capital firm of sexual discrimination is “without merit,” based on the results of an independent investigation.
Hedge-fund manager Tom Steyer and venture capitalist John Doerr , who are defending California’s global warming laws from a challenge at the ballot box, have also put $1.4 million toward a fight over government fees.
Facebook Inc. Chief Executive Officer Mark Zuckerberg announced the creation of an advocacy group called Fwd.us to lobby for immigration changes, higher academic standards and investments in scientific research.
Solyndra LLC’s failure in making solar-power panels shouldn’t be used by lawmakers to back away from U.S. investment in future sources of energy, according to executives including Microsoft Corp.’s Bill Gates.