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Tag: vinod khosla

  • Biofuels Company Won’t Pay State of Mississippi After Bankruptcy

    - Jan­u­ary 10, 2015, Fuel Fix Bank­rupt bio­fu­el mak­er KiOR and con­trol­ling share­hold­er Vin­od Khosla say the state of Mis­sis­sip­pi is using legal tac­tics in an attempt to squeeze mon­ey from the company. KiOR, based in Pasade­na, fired back Thurs­day at the Mis­sis­sip­pi Devel­op­ment Authority’s Decem­ber call to con­vert KiOR’s case from Chap­ter 11 reor­ga­ni­za­tion into…

  • Biofuel Company Files for Bankruptcy

    - by Katie Fehren­bach­er, Novem­ber 11, 2014, Gigaom.com Bio­fu­el com­pa­ny KiOR, which has become a sym­bol of the dif­fi­cul­ties of ven­ture cap­i­tal­ists invest­ing in clean tech­nol­o­gy star­tups, final­ly filed for bank­rupt­cy this week, many months after shut­ting down its bio­fu­el plant and oper­at­ing on fumes, unable to pay its debts. Many, includ­ing myself, have been pre­dict­ing this for awhile…