Biofuel startup KiOR develops proprietary technologies that have the potential to significantly impact the new renewable energy landscape: a process that converts cellulosic biomass into "bio-oil", a hydrocarbon mixture with the properties of the crude oil. KiOR operates as a virtual organization, but with the venture financing in place, the founder and chief technology officer Paul O'Connor and KiOR Board must decide where the headquarters of the business. "Hide
by Ramana Nanda, Toby Stewart Source: Harvard Business School 23 pages. Publication date: 04 March, 2009. Prod. #: 809092-PDF-ENG