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...focused venture-capital firm Nth Power, which also has invested in Imperium Renewables. Like Tobias, Silicon Valley stalwarts who helped power the IT revolution see clean tech as an investment opportunity that could have no ceiling - and that comes with the side benefit of potentially saving the world. Vinod Khosla, famous for being a co-founder of Sun Microsystems, has put massive bets on biofuels, while his former partners at leading venture capital firm Kleiner, Perkins, Caufield & Byers (Kleiner Perkins) have belatedly followed in a big way, investing more than $270 million in the green-tech sector and hiring Nobel...

Author: /time Magazine | Title: Gambling on Green | 12/12/2007 | See Source »

...angling to become green Googles. In turn, green venture capital in the U.S. is projected to rise to $18 billion by 2010, according to Nicholas Parker of the research group Cleantech Network. "There are huge problems facing us, and the only way to solve them is through innovation," says Khosla. "That's what venture capital does best...

Author: /time Magazine | Title: Gambling on Green | 12/12/2007 | See Source »

...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...

Author: /time Magazine | Title: Gambling on Green | 12/12/2007 | See Source »

...recent films have tried to do just that: Rang De Basanti made a realistic portrayal of disaffected Delhi youth; Omkara was an adaptation of Othello; and Khosla ka Ghosla was a realistic portrayal of a Delhi family's brush with unscrupulous estate agents...

Author: /time Magazine | Title: Bollywood Changes Its Tune | 10/11/2007 | See Source »

...Crucial to this shift has been the rise of talented new film makers such as Chak De India scriptwriter Jaideep Saini and Khosla Ka Ghosla director Dibakar Banerjee. At the same time, established stars are becoming more open to trying different roles - as Khan did in Chak De India. Producers are also more willing to bet their money on innovative scripts, in part because of an interesting change to the way Indian films are financed. Traditionally, a big part of Bollywood's funding has come from the Mumbai underworld laundering its ill-gotten gains. To try to assure profits, underworld...

Author: /time Magazine | Title: Bollywood Changes Its Tune | 10/11/2007 | See Source »

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