Okay, it doesn't have the same ring as the old Gore & Doerr in '04 buttons from 1.0 ago. (And, I wish I could have found mine today so I could scan it). But, at least today's version of the partnership is more than symbolic. In the form of a well-written Fortune piece, it was announced that the former Veep and current Nobel Prize winner is joining Doerr's storied venture capital firm Kleiner Perkins Caufield & Byers as a full-fledged partner working on greentech investments.
And for this blog, one particularly relevant blurb...
Doerr says Kleiner will hire more experts, but insists that the ability to vet and assist entrepreneurs is more important for venture capitalists than industry experience. And the green field is something of, well, a green field. "You can't hire an expert in the recombinant-DNA industry when there isn't one," he says, making a reference to the similar problem Kleiner successfully faced when it backed Genentech in the 1970s.
Gore can certainly help in this arena by, for example, introducing Kleiner people to top atmospheric scientists or government decision-makers. Policy and politics, his specialties, will have a huge impact on the business of clean technology.