First, a quick note: I've differed with Vinod Khosla a couple of times on this site in the past. But let's give him his due as well. Read the story I've linked to here, and be inspired. Such drive and audaciousness is what venture capital is really all about -- and what makes great entrepreneurs. Especially in cleantech, where so many customers are change-resistant, all entrepreneurs and VCs should read this story and take it to heart.
What exactly is a 'venture capital investment'?
A definition seems obvious ('startup capital') but of course becomes devilishly difficult to place within specific boundaries. Generally speaking, VC as a subset of private equity is...