Former Secretary of State Condoleezza Rice and her consulting firm have been retained by Khosla Ventures, the venture firm founded by Sun Microsystems, as “strategic advisers,” Reuters reports:
The move points to the growing importance venture firms attach to helping their portfolio companies with policy and regulations.
“We’ll help the companies navigate government and regulatory concerns abroad,” said Anja Manuel, a partner at RiceHadleyGates, Rice’s consulting firm. “We’ll help with negotiating the world of emerging markets, understanding where to expand to.”
