Vinod Khosla the man who hosted President Obama for dinner and who was once the star investor in Bio Fools is now scratching his head that simply does not comprehend thermodynamics. His latest flop among many is Gevo. He has Richard Branson as a co-investor in Gevo the wonder company that was to make jet fuel out of sugar.
They did sell the US DOD some jet fuel at $59 a gallon back in 2012
In early June 2013 Mr. Obama sat down for dinner with Vinod and his family and friends who paid $32,400 for the curry favor and rice that was served by the Khoslas. The $59 a gallon for jet fuel was a bargain compared to the $32,400 that was charged for a meal that could have been bought for $20 at Amber India a few miles away from Vinod’s home.
Of course at Amber India one cannot buy influence. This kind of reminds me of Peter Sellers in the classic movie The Party. One scene in the film is when an American asks Sellers who plays the part of an Indian named Bakshi “who do think you are?” Bakshi replies “in India we don’t think who we are, we know who we are!”
Vinod is not Bakshi he is more like Bakshish.
Bakshish means buying favor or currying favor
Mr. Khosla and his seven dwarfs Cello, Range, Kior, Gevo, Amyris, LS9, and Virdia certainly curried favor with the Federal and State governments.
Gevo now is on the verge of insolvency and will raise more money by selling more common stock. Kior is headed toward a “safe” shutdown. Mr. Khosla you simply should have studied Thermo 101 and perhaps you could have avoided the embarrassment of being the biggest bio fool at the party. Bakshi said “birdie num num”, the Green Machine just says “birdie numb nuts”.
I do recommend The Party as it is possibly one of the greatest comedies ever made. I do not recommend any biofuel investments that have Vinod Khosla involved as they end in tragedy for the taxpayers and small investors.