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Kleiner-Backed Fisker Mulls Bankruptcy as Investor Search Persists

Hybrid automaker Fisker Automotive has hired law firm Kirkland & Ellis to advise it on a possible bankruptcy filing, a source said on Thursday, while executives continue their search for a strategic investor. The company, founded in 2007, has raised more than $1 billion in venture capital, including $103.67 million last September 2012 from Advanced Equities Inc., Kleiner Perkins Caufield & Byers and New Enterprise Associates.

Kleiner Perkins Joins with USC and United Talent Agency to Create L.A.-Based “Startup Garage”

Kleiner Perkins Caufield & Byers is teaming up with the talent and literary agency United Talent Agency and USC’s Viterbi School of Engineering to create what’s being called the Viterbi Startup Garage, an accelerator that will provide financial and other resources to select USC students and alumni. Applications will be accepted through Monday, April 22. Ten teams will then be chosen; they’ll work out of USC’s Information Sciences Institute in Marina Del Rey for twelve weeks beginning May 28.

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Why Kleiner May Have Just Shot Itself in the Foot: Updated

Longtime Kleiner Perkins partner Ellen Pao may have chosen an odd way to reveal to the world that she’s no longer working at the firm, taking to the social network Quora to announce the development. But from a financial, legal, and public relations’ standpoint, Kleiner Perkins may wind up the big loser in this latest chapter of its ongoing saga with Pao.

Zumper Raises $1M From Kleiner, Andreessen, Greylock, NEA, Others

Zumper said it raised $1 million in seed funding earlier this year from investors including Kleiner Perkins Caufield & Byers, Andreessen Horowitz, Greylock Partners, CrunchFund, New Enterprise Associates, Dawn Capital, the Experiment Fund and the DeWilde family trust. Zumper is using the money for expansion.

EdenIQ Receives $3.9M Grant from California Energy Commission

EdenIQ, a Visalia, Calif.-based sustainable fuel company, has received a $3.9 million grant from the California Energy Commission as part of California’s Alternative and Renewable Fuel and Vehicle Technology Program, which provides funding for the development of new, California-based biofuel production facilities. Edeniq’s venture backers include Kleiner Perkins Caufield & Byers, Draper Fisher Jurvetson, Flint Hills Renewables, […]

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