Word: capitalistically
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Dates: during 2000-2009
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...prices that instantly made alternative energy more competitive, and partly to government action in the U.S. and elsewhere that provided support for clean tech. The Gore-approved narrative of climate change - as both a threat and an economic opportunity - penetrated the venture-capital community. Adam Grosser, a venture capitalist at the Silicon Valley firm Foundation Capital, struggled to convince his partners that they should expand beyond their traditional IT focus into clean tech. "When I first proposed it, my partners scoffed," he says. But Grosser persisted, and today clean tech accounts for 10% of Foundation's portfolio. "This...
...single venture capitalist may be more responsible for that shift than Khosla, who formed Khosla Ventures in 2004 in part because his Kleiner Perkins partners were still hesitant to dive into clean tech. Khosla had no such fears, and he has emerged as a clean-tech evangelist. "By 2000, I felt that software and other businesses were reaching a dead end," he says. "But energy was an area where there were large markets that could benefit from innovation." Khosla hasn't held back - in the first nine months of 2007, Khosla Ventures participated in 14 deals worth nearly $70 million...
...solving terrible inequality and not as just another overweening Latin leftist who stayed too long. Chávez insisted to TIME last year that "capitalism is the way of the devil." But while Chávez has used his oil windfalls to reduce poverty, Venezuelans suggest they want to increase satanic capitalist investment to solve their nagging unemployment...
...look for superinvestor Rogers in a boardroom or office, analyzing graphs and charts. He's more likely to be speeding across China on a motorcycle. The self-described "adventure capitalist" says his modus operandi is to go out and "see, smell and taste the real action...
Chávez insisted in a TIME interview last year that "capitalism is the way of the devil." But while Chávez, who controls the hemisphere's largest crude reserves, has used his awesome oil windfalls to reduce poverty, Venezuelans now suggest they want to increase capitalist investment, satanic as it may be, to solve their nagging unemployment. They appreciate his shrewd efforts to raise oil prices, but they'd also like him to lower inflation, Latin America's highest. And while they admire him for enfranchising the majority poor, they'd applaud as loudly if he did something to reduce...