In the past, Khosla has acknowledged that at least half his green-energy businesses would fail.
This is an article about the green-tech investments by billionaire venture capitalist Vinod Khosla.
But as any investor would know. Or indeed anyone who pays any attention to start-ups or the economy, 80% of start-ups fail. So how is a scoop about a VC with an expectation of a 50% fail rate anything but an optimistic vote of success.
Ahem.
Khosla has argued that the stakes for the planet are so high when it comes to energy that the potential benefits easily justify the costs of flops (which, as with all venture investments, are numerous).