The lucrative future of venture capitalist Al Gore ($$$$$)
Despite new job, I think he might run.
By Mark Kilmer Posted in 2008 | Al Gore | money | President — Comments (2) / Email this page » / Leave a comment »
From the Los Angeles Times' "Top of the Ticket" blog, we learn the following about Al Gore's plans for the future:
It seems Gore has taken a job in industry promoting a whole new string of coal-fired electrical-generating plants throughout the Ohio Valley. They wanted someone with good Washington connections and some environmental credentials to make the case for acid rain on "Larry King Live" and elsewhere.
Does he need the money from this possibly lucrative gig? Evidently not.
Gore says he will donate his salary to promote national energy independence to the APSNWP, the Alliance to Promote Stripmining [sic] in National Wildlife Preserves.
Right. Believe none of the above about Al Gore. Newspaper blogger Andrew Malcolm admits that he is "just kidding."
So how is Al Gore really doing?
Read On…
Al Gore plans to continue riding this "anthropogenic global climate change" shtick to the bank and back. Al Gore has become a partner at Kleiner Perkins Caufield & Byers, a $6-billion Silicon Valley venture capital outfit that has decided that it wants to do some to this greenie stuff.
There's a trade-off for Gore's new position:
In turn, [Kleiner Perkins partner John] Doerr, the master networker whose greatest hits include initial investments in Netscape, Amazon, and Google, will join the exclusive advisory board of Generation Investment Management. That's the $1 billion investment company Gore started three years ago in London with David Blood, the former head of Goldman Sachs Asset Management, to analyze and invest in publicly traded "sustainable" companies. Over the past five weeks Gore, Doerr, and Blood agreed to give Fortune an exclusive look at their new alliance.
Most analysis I've seen indicates this all this means that Al Gore will not run for the Democratic Party's Presidential nod in 2008. I'm sorry, but that writing has been on the wall since Gore became overly friendly with the paunch, but if anything, this new gig could renew Gore's chances of gaining the Dem nomination or staging a third party campaign. He can underwrite the thing by himself, a la Mike Bloomberg or Mitt Romney. And it would be easier for Al. Remember, Romney and Bloomberg had to engage in productive activity to amass their campaign funds; Gore has only to guilt a few more tragic souls out of carbon credits.
And no, I will not engage you in a serious discussion of from whom Al Gore would draw votes. This. Is. Silly.
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The lucrative future of venture capitalist Al Gore ($$$$$) 2 Comments (0 topical, 2 editorial, 0 hidden) Post a comment »
Actually, there's less substance to this than meets the eye. In technology circles, it's widely known that John Doerr (who was a big clintonista in the 90s) long ago went totally off the deep end on all this green stuff, even bursting into tears at a meeting once in his upsetedness about how no one else was taking the "threat" seriously.
Birds of a feather flock together - in this case, two totally weird birds....
and Gore would be getting in later than Fred
it's impossible but I do bet GORE runs again either in 4 or 8 years since he is only 59 years old.