Khosla Ventures, the investment firm led by Sun Microsystems Inc. co-founder Vinod Khosla, hired former U.S. Secretary of State Condoleezza Rice’s advisory firm to work with its portfolio companies.
EcoMotors Inc., backed by Bill Gates and Khosla Ventures, formed a partnership with a subsidiary of China FAW Group Corp. that will build a $200 million factory in China.
Silicon Valley investors that helped build the solar industry are shifting cash into electricity-grid technology and energy-storage developers after bets on panel manufacturers failed to pay off.
"Our specialty is with large technology risk, where if the technology works there's a big economic breakthrough."
- Vinod Khosla on Feb 24, 2013