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One good thing has come out of the VC's move on cleantech and that is bigger mindshare. More people are now aware of the possibilities and in particular, aware
by memracom 13y ago
One good thing has come out of the VC's move on cleantech and that is bigger mindshare. More people are now aware of the possibilities and in particular, aware that concerted effort and investment towards a goal can pay off. It just takes longer than the VCs expected but note that one response to the VC activities has been that other companies are increasing their R&D spending.
It will be interesting to see how the stars of the digital age respond. We already have Google investing in various technology initiatives outside of the mainstream software and networking area. But what will Amazon and Twitter and Facebook do? Will one of them invest in solar breakthroughs? Or high speed rail?
The story is not yet over.
- skylan_q 13y agoOne good thing has come out of the VC's move on cleantech and that is bigger mindshare. I don't disagree with you. I think the VCs are also a victim of mindshare. To me, that's the most likely explanation as to why they erred as much as they did.