Al Gore made news today by joining forces with noted Silicon Valley venture capital firm, Kleiner Perkins link to spearhead investments in environmentally friendly energy sources and clean technology. link
The 45th Vice President of The United States is teaming with one of the most successful venture capitalist firms as a partner with the likes of John Doerr, who was behind Netscape and Google to name a few of his stellar hits.
Never shy about making headlines and leveraging the press to tell his story, Gore also announced that he would be donating his salary to the Alliance for Climate Protection -- the non-partisan foundation he chairs that focuses on the climate crisis. Unfortunately for the foundation, however, Gore will be keeping for himself the options and equity stakes he receives from his venture investments -- and this is where the real money is made in venture capital.
Don't get me wrong. I love what Al Gore has done to promote the dangers of global warming and I certainly wish he and not George W was in the White House. And I am all for making money AND doing good. But this donation is more about making headlines than making a difference.
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