Have John Doerr and Kleiner Perkins Invested Too Much In Cleantech?
There's an interesting story here at Reuters about the investments, led by John Doerr, that Kleiner Perkins has been making in various cleantech companies. The not so subtle underthread is that they've made a strategic error by investing in the sector rather than in the booming internet business. Given that I work and invest in cleantech I obviously can't say that Doerr and Kleiner are wrong to look at the sector. However, I think I would argue that they'v invested too much.
The market changes have left Kleiner, the most active venture capital firm in cleantech, with dozens of investments
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