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Kleiner Perkins is not so great at investing in auto tech
There's been a string of bad news for vehicle startups in recent months including Fisker, Think and Next Autoworks. Other than the difficult market for electric cars and the recession, what's something that ties these companies together: funding from Valley firm Kleiner Perkins.
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Ray Lane: Fisker to Make Major Announcement About $39K Plug-In Hybrid
Kleiner Perkins investor, and former President of Oracle, Ray Lane, said that electric vehicle maker startup Fisker is gearing up to make a major announcement about a $39,000 plug-in hybrid vehicle later this week or next week. The ... Read Post
Fisker Scores $529M DOE Loan to Start “Project Nina”
Just as Kleiner Perkins investor and former Oracle president Ray Lane let slip last week, electric vehicle startup Fisker has some big news about how it will build a $39,000 plug-in hybrid vehicle. This morning, the Department of En... Read Post
Kleiner Invests In Another Electric Car Company
Kleiner Perkins partner Trae Vassallo said the legendary VC firm is investing in another electric car company, one that is at "the other end of the spectrum" from high end electrics like Fisker and Tesla. Of course, because this is ... Read Post