Results for: “venture socialism”

With the recently announced foreclosure of Vinod Khosla venture Range Fuels, followed by the fire sale of Range Fuels’ assets to Vinod Khosla venture LanzaTech, I have been getting a lot of calls from reporters wanting to discuss exactly what happened here. After all, well over $300 million was invested into Range Fuels — including tens of millions of taxpayer dollars — and what resulted were assets that were ultimately bought by LanzaTech for about $5 million. Two articles were published over the weekend by journalists I spoke with last week: Georgia failure not the only ethanol misadventure Range Fuels fiasco: Finding renewal energy in Georgia forests didn’t work out This quote caught my eye from one of the articles:… Continue»