socialmedian: Ray Lane says Obama can play VC--for a while

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Ray Lane says Obama can play VC--for a while

Source: Vatornews.tv

Jun 09, 2009

Summary

The administration is turning Washington DC into a fountain of cash. VCs are stoked, sort of.

Since the administration's announcement in March that $2.4B would go to hybrid plug-in car initiatives, green VCs have been trekking to DC with their hats in their hands. No doubt, the turn of events makes many in the traditionally libertarian VC ecosystem uneasy. One possible exception are the partners at KPCB, who have a longer history of governmental cooperation, typified ... [Read more]