The Long Arms of Solyndra

Weigel
Reporting on Politics and Policy.
July 11 2012 2:17 PM

The Long Arms of Solyndra

The Heritage Foundation is on the case, accusing DARPA of hiring a Solyndra-tied fink. The connection:

Arati Prabhakar, a former partner at U.S. Venture Partners, a Silicon Valley-based venture capital firm that backed Solyndra, has been named the new director of DoD’s Defense Advanced Research Projects Agency(DARPA). Prabhakaker will administer DARPA’s roughly $3 billion budget, some of which will likely continue funding projects in renewable energy.
While there is no indication that Prabhakar was involved with Solyndra during her time at USVP...
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No indication, but if your venture capital firm invested in a company that later got a benefit from the government and then went bankrupt, you're part of the problem.

David Weigel is a reporter for Bloomberg Politics

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