It looks good on paper. Combine the managerial expertise of the computer world's start-ups with the growing market for green energy.
But, as Larry Gross as discovered, it doesn't always work. Gross, brother of Bill Gross and a former entrepreneur at Idealabs, is no longer the CEO of AltraBiofuels, according to Katie Fehrenbacher at Earth2Tech. The 4-year-old AltraBiofuels has pulled in millions in venture funds.
So far, there's no explanation for the departure.
Gross, though, isn't the only former IT exec to also be a former energy exec. Late last year, Martin Tobias, a software VC … Read more