Home » Tag Archives: Vinod Khosla (page 2)

Tag Archives: Vinod Khosla

ANALYSIS — Mississippi has big money invested in KiOR's financially challenged project

The eyes of the international renewable-fuels community are fixed on KiOR (NASDAQ:KIOR), a Texas-based company in which Mississippi has a large stake — specifically a $75 million interest-free loan administered by the Mississippi Development Authority. KiOR plans to build five plants in Mississippi that should convert wood chips to renewable crude through a process called pyrolysis, a feat only accomplished ...

Read More »

CNBC: KiOR 'bleeding cash'

Update: Today (Jan. 27) KiOR announced that it has closed a $75 million four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian corporations owned by certain pension fund clients of Alberta Investment Management Corporation (AIMCo). KiOR is listed along with Achillion Pharmaceuticals, Sears Holdings and Rite Aid as companies that “are expected ...

Read More »

Vinod Khosla's Range Fuels has declared bankruptcy

Range Fuels, a manufacturing startup that planned to convert wood chips to cellulosic ethanol has declared bankruptcy, Bloomberg reports. The company was heavily backed by venture capitalist Vinod Khosla, whose Khosla Ventures is also backing four green energy startups to which the Mississippi legislature has authorized tens of millions in state aid: Soladigm, KiOR, Stion and HCL Cleantech. Range Fuels ...

Read More »

Public land in Delta impacted by river flood

Every year, hunters flock to the Delta to take advantage of some of the best public hunting land in the state offered by the Mississippi Department of Wildlife, Fisheries & Parks’ wildlife management areas (WMAs) and the U.S. Fish & Wildlife Service’s Theodore Roosevelt National Wildlife Refuge Complex. This year, however, hunters are wondering if they should find somewhere else ...

Read More »

Khosla: MS green energy start-ups have 90% chance of failure

By Amy McCullough Vinod Khosla, founder of Khosla Ventures, says Mississippi’s green energy start-ups have a 90 percent chance of failing. That means Stion, Soladigm and KiOR, all of which are backed by Khosla Ventures, and all of which have been allocated tens of millions of dollars by the Mississippi Legislature, are very likely to fail. At least that’s what ...

Read More »

Barbour: Miss. stimulus different than Obama stimulus

By Amy McCullough Gov. Haley Barbour pointed at the difference between Mississippi’s stimulus and Obama’s stimulus at The Wall Street Journal’s ECO:nomics Conference in Santa Barbara, California, according to a post by the WSJ’s Marketwatch. Barbour said there has been “a lack of support from the White House for nuclear power, and a wrongheaded bias toward renewable energy production. ‘My ...

Read More »

Khosla fires back at Wall Street Journal

By Amy McCullough Quite the heated exchange on the Wall Street Journal editorial page between the editors and venture capitalist Vinod Khosla. In a previous editorial, “The Range Fuels Fiasco,” the WSJ used Khosla’s failed Range Fuels business to say that government shouldn’t get involved with startups. (WSJ is now locked down. Most of the editorial can be found at ...

Read More »

WSJ: Learn from Khosla-backed energy startups that tanked

By Amy McCullough See related story “Good Idea or Not?” and blog post “Haley Barbour and Khosla Ventures.“ A Wall Street Journal Feb. 10 “Review & Outlook” column (“The Range Fuels Fiasco“) details failed energy startups backed by Vinod Khosla of Khosla Ventures. Khosla Ventures, along with other investors, is backing three green energy startups to which Mississippi has pledge ...

Read More »

Haley Barbour and Khosla Ventures

By Amy McCullough Gov. Haley Barbour and a venture capital firm backing three of the most recent green energy startups purchased by the state of Mississippi will both be speaking at a California energy conference for high-rollers hosted by the editors of The Wall Street Journal. ECO:nomics “will bring together the world’s top CEOs, policymakers, entrepreneurs and industry experts to ...

Read More »