THE BIG SANDBOX
An inside look at how Koch Labs® helps churn the parent company’s ideas
In 1927, Fred Koch developed a thermal cracking process he believed could greatly boost gasoline production and decrease costs for independent oil refiners. While that was the genesis of Koch Industries Inc., there was still a hurdle. “Before he could sell his new process, he had to prove it worked,” his son and company CEO, Charles Koch, wrote […]
Yahoo! Finance: Venture firm is a ‘win-win’ for Koch Industries and company founders: Chase Koch
The Koch family name often invokes the sprawling Wichita, Kan.-based manufacturing conglomerate, Koch Industries, which pulls in more than $110 billion in annual revenue and helps fund the family’s philanthropic and political endeavors. But a lesser-known venture firm called Koch Disruptive Technologies — helmed by Chase Koch, the son of multi-billionaire Koch Industries CEO Charles […]
Koch Industries launches a venture capital group
Koch Industries has launched an early-stage venture capital arm that will be led by Chase Koch, the son of company chairman and CEO Charles Koch. Bottom line: Charles and David Koch might differ strongly with most of Silicon Valley on politics, but they believe there can be alignment when it comes to disruptive technologies. Continue reading…