An analytical perspective from a 'grid' neophyte, venture capitalist Vinod Khosla.
Vinod Khosla is the president and CEO of Khosla Ventures. In 1986, he became a general partner Kleiner Perkins, where he took on Intel's monopoly with Nexgen/AMD.
In 2004, Khosla started Khoslaventures in order to create technologies that can have a beneficial effect and economic impact on society. Khosla assists or serves on the boards of a number of technology based companies.
He is also a charter member of TIE, a non-profit global network of entrepreneurs and professionals, and a founding board member for the Indian School of Business.
Venture capitalist Vinod Khosla explains that fast-changing technology is making smart electric meters obsolete nearly as soon as they are installed, leaving consumers on the hook for paying off outdated equipment.