16 December 2010
Sun Co-Founder Khosla Promotes Micro-Finance To End Indian Poverty
16 December 2010
Vinod Khosla, the billionaire venture capitalist and co-founder of Sun Microsystems, was already among the world’s richest men
when he invested a few years ago in SKS Microfinance, a lender to poor women in India.
But the roaring success of SKS’s initial public stock offering has made him richer by about $117 million —
money he says he plans to plow back into other ventures that aim to fight poverty, while also trying to turn a profit.