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-   -   OT - Gore Cashing In On Celebrity Status.... (https://www.diybanter.com/metalworking/220945-ot-gore-cashing-celebrity-status.html)

* November 13th 07 03:07 PM

OT - Gore Cashing In On Celebrity Status....
 
Excerpts from an AP wire story run on Tuesday, November 13, 2007......


"SAN FRANCISCO - Al Gore announced Monday he's joining Silicon Valley's
most prestigious venture capital firm to help the private sector take on
global warming, and perhaps make himself some money."

"Gore promised to donate 100 percent of his salary as a Kleiner Perkins
partner to the Alliance for Climate Protection, the Palo Alto-based think
tank he founded to focus on accelerating policy solutions to the climate
crisis."


Lest you assign Gore too much altruistic credit.....


"The donation does not include stock options. Typically, a tiny fraction of
a venture capitalist's compensation is salary; the vast majority of wealth
comes from sale of stock options when the companies the firm invests in are
sold to the public."



FOLLOW THE MONEY!!!!!!!




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