Wary Of Subsidized Clean Tech?
Considering the billions of dollars the government is investing in this sector, you'd think venture capitalists would be angling to get a slice of it. But not all are enthusiastic. One firm that's wary is DCM, which has decided not to depend on government subsidies or renewable standards to drive the economics of their clean tech companies. "It reduces our field of investment opportunities, but that's what a VC is," said DCM's Tom Blaisdell, who talked to peHUB last week. "We're looking for a needle in a haystack anyway, and in any market it's our job to find those needles." Blaisdell wasn't enthusiastic when DCM first asked him to focus on clean tech,
19 October 2009•2 mins read
