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Billionaire John Doerr regrets not backing Tesla and Elon Musk - San Francisco Business Times

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One of johndoerr 's biggest regrets? Not backing Tesla and elonmusk venture startups TheFunded SiliconValley SanFrancisco Tesla ElonMusk BayArea

John Doerr became a billionaire by making prescient bets on future giants including Amazon.com Inc. and Google LLC.

But among the legendary Kleiner Perkins venture capitalist's biggest regrets is not investing in Tesla Inc. back in 2007. Doerr bemoaned that miss in an interview BloombergUnder conventional thinking, the wise move was to not invest in the electric car market at all, Doerr told Bloomberg. That's because all but one of the 400 or so car companies that had been launched in the United States have gone bankrupt.

 

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