Do VCs Belong In Cleantech? Maybe
Plenty of people over the last couple years have said not -- that VCs don't like to stick with investments that take a lot of money and time, that they don't understand the issues, that they don't know the ways of Washington, D.C., that they're too used to cranking out IT startups according to a fast-growth, low-investment formula that worked well in Silicon Valley when times were good. Mike Kanellos over at GreenTech Media says they're wrong. (Disclosure: I used to work with Mike at CMP Media). In a long post this week, he cites several high-profile, clean-tech disasters but then lists all the reasons why VCs are good for clean tech:
3 September 2009•2 mins read
