When you do an overview of Silicon Valley's involvement in California statewide ballot initiatives past and present, you start with with the VC firm on top of Sand Hill Road. Kleiner Perkins Caufield & Byers has not only helped launch dozens of the tech industry's most successful companies, the firm is, at most, only one degree of separation from a vast majority of the top tech policy efforts.
One partner, one former partner and one beneficiary of early KP funding are key players behind two of the 13 initiatives on the California November ballot this year.
Mary Anne-Ostrom of the Mercury News looked at this over the weekend from Sacramento...
Two of the boldest electoral initiatives yet to emerge from valley interests will be on November's ballot: NetFlix founder and CEO Reed Hastings and Kleiner Perkins venture capitalist John Doerr are backing Proposition 88, an unprecedented statewide real estate parcel tax to benefit education; and Vinod Khosla, another Kleiner partner, is behind Proposition 87, a first-ever royalty on oil pumped from California to fund alternative energy ventures.
We've covered former Vinod Khosla's Clean Alternative Energy Act here. (BTW, he's now an "affiliated partner" of Kleiner and runs Khosla Ventures). It's his first initiative, but the Merc notes that Doerr and Hastings have been down this road before and provides a Valley scorecard on statewide ballot efforts...(plus, our look back after the jump)...
Continue reading "87+88 = A Review of SV-Backed California Initiatives" »