Lightspeed Venture Partners’ Andrew Chung is heading to Khosla Ventures, where he will focus on the cleantech and information-technology. At Lightspeed, he oversaw investments in biofuel company Solazyme, solar company Stion, and clean coal company Coaltek, among others. Chung will help fill the shoes of cleantech partners Jim Kim and Alex Kinnier, who left Khosla last month.
By Sarah McBride
Stadium owners dragging their heels on finding greener ways to power up their high-definition scoreboards and retractable roofs just got a kick in the pants from their league commissioners.
Major League Baseball, the National Football League, the National Basketball Association, the National Hockey League, and Major League Soccer have dished out letters to their teams and facilities asking them to embrace solar power.
It’s the question of the moment in the technology world: have we hit bottom?
Tech execs appeared at a bunch of investor events this week and gave their best guess on what’s going on in this murky economy of ours. Some said things seemed a bit better, while others said visibility is as bad as ever. Here’s a collection of their comments:
Yahoo Chief Financial Officer Blake Jorgensen, who is leaving the company, said advertisers are “in shock” at the moment because of the economy, but cited the superior return on investments that they get online compared with traditional marketing mediums.