Vinod Khosla

Vinod Khosla
Born	(1955-01-28) 28 January 1955 Delhi, India
Alma mater	IIT Delhi Carnegie Mellon University Stanford Graduate School of Business
Occupation	Venture capitalist, Khosla Ventures
Net worth	$1.4 billion (2012)
Religion	Hinduism
Spouse(s)	Neeru Khosla
Children	Nina, Anu, Vani and Neal

Vinod Khosla (Gurmukhi: ਵਿਨੋਦ ਖੋਸਲਾ) (born 28 January 1955) is an Indian American businessman and venture capitalist. Khosla was one of the co-founders of Sun Microsystems, and served as its first CEO and Chairman in the early 1980s. In 1986, he became a general partner of the venture capital firm Kleiner Perkins Caufield & Byers, where he remained through the early 2000s. In 2004 Khosla formed his own firm, Khosla Ventures, which focused on venture investments in various technology sectors, most notably clean technology.

He is a strong supporter of clean technology and said "If it doesn't scale, it doesn't matter. Most of what we talk about today—hybrid, biodiesel, ethanol, solar photovoltaics, geothermal—I believe are irrelevant to the scale of the problem."

Early life and education

Khosla's father was an officer in the Indian Army and was posted at New Delhi, India.

Khosla read about the founding of Intel in Electronic Engineering Times at the age of fourteen and this inspired him to pursue technology as a career. He went on to receive multiple degrees from the IIT Delhi, India (Bachelor of Technology in Electrical Engineering), Carnegie Mellon University (Masters in Biomedical Engineering), and Stanford Graduate School of Business (MBA).^{[citation needed]}

Career

After graduating from Stanford University in 1980, Khosla worked for electronic design automation company Daisy Systems. Then in 1982, Khosla co-founded Sun Microsystems (SUN is the acronym for the Stanford University Network), along with Stanford classmates Scott McNealy, Andy Bechtolsheim, and UC Berkeley computer science graduate student Bill Joy. Khosla served as the first chairman and CEO of Sun Microsystems from 1982 to 1984, when he left the company to become a venture capitalist.

In 1986, Khosla joined the venture capital firm Kleiner Perkins Caufield & Byers as a general partner. At Kleiner, Khosla became a recognized venture capitalist, with several successful early stage investments. Khosla also played a key role with several of the tech industry's most spectacular failures, including Asera, Dynabook, BroadBand Office, Excite@Home, and many others.^{[citation needed]}

He also invested in an Indian microfinance company, SKS Microfinance, which lends small loans to poor women in rural India. Khosla is also one of the founders of TiE, The Indus Entrepreneurs, and has guest-edited a special issue of The Economic Times (ET), a leading business newspaper in India.

Khosla was featured on Dateline NBC in May 2006, where he discussed the practicality of ethanol as a gasoline substitute. He is known to have invested heavily in ethanol companies, in hopes of widespread adoption. He cites Brazil as an example of a country that has ended its dependence on foreign oil.

Khosla was a major proponent of the "Yes on 87" campaign to pass California's Proposition 87, The Clean Energy Initiative, which failed to pass in November 2006.

In 2006, Khosla's wife Neeru co-founded the CK-12 Foundation, which aims to develop open source textbooks and lower the cost of education in America and the rest of the world. Khosla and his wife are also donors to the Wikimedia Foundation, in the amount of $500,000.

Khosla Ventures

Main article: Khosla Ventures

Khosla formed his own venture capital firm, Khosla Ventures in 2004. The firm is based in Menlo Park, California, and manages approximately $1 billion of investor capital as well as investments funded by Khosla himself.

In September 2009, Khosla completed fundraising for two new funds, to invest in cleantech and information technology start-ups. Khosla Ventures III secured $750 million of investor commitments to invest in traditional early stage and growth stage companies. Khosla also raised $250 million for Khosla Seed, which will invest in higher-risk opportunities.

In May 2010 it was announced that former British Prime Minister Tony Blair was to join Khosla Ventures to provide strategic advice regarding investments in technologies focused on the environment.

Other accomplishments and affiliations

In addition to his role in founding Sun Microsystems, Khosla has founded a number of other businesses and organizations. Khosla was also involved with the founding of Daisy Systems in 1981.^{[citation needed]} He is also one of the founders of TiE, The Indus Entrepreneurs, and has guest-edited a special issue of Economic Times (ET), a leading business newspaper in India.^{[citation needed]}

Khosla was a finalist for the 1999 World Technology Award and served as the Honorary Chair of the DonorsChoose San Francisco Bay Area Advisory Board.^{[citation needed]} In addition, Khosla is a Member of the Board of Trustees of the Blum Center for Developing Economies at the University of California, Berkeley. The Center is focused on finding solutions to address the crisis of extreme poverty and disease in the developing world.

See also

• Khosla Ventures
• Range Fuels
• Virgin Green Fund

External links

• Making cement while sequestering carbon, Issue 127, July 2008; Retrieved 2008-07-20.
• From geeks to greens. The Economist, Feb 28, 2008
• Vinod speaks to Google employees about ethanol on March 29, 2006
• Vinod Khosla Charlie Rose, 22 Sept. 2006
• Mysterious owner of San Mateo County beach paradise is asked to let the outside world in
• Surfers sue over blocked beach access

Preceded by first	CEO of Sun Microsystems 1982–1984	Succeeded by Scott McNealy
Preceded by first	Chairman of Sun Microsystems 1982–1984	Succeeded by Scott McNealy