THE GUARDIAN: Former prime minister to bring his 'global relationships' to venture capital firm
Tony Blair's lucrative list of business activities lengthened yesterday with a job as an adviser to a Silicon Valley venture capital firm, Khosla Ventures, that specialises in promoting environmentally friendly technology.
The former prime minister is to lend his expertise and his "global relationships" to the California-based company, which is led by Indian-born billionaire Vinod Khosla, one of the founders of the computer firm Sun Microsystems.
Khosla recently raised $1bn from investors to pump into promising technologies aimed at cutting carbon emissions. He is a proponent of ethanol fuel as an alternative to petrol, and he has come in for criticism for benefiting from US government subsidies towards food-based ethanol production. >>> Andrew Clark in New York | Tuesday, May 25, 2010
MAIL ONLINE: Another $1m a year for Blair >>>
