Insight: How cleantech tarnished Kleiner and VC star John Doerr

Comments (4)
texas100 wrote:

Despite the promise and untold government subsidies, most greentech just isn’t economic at present. But breaking our dependency on fossil fuels is an admirable goal, and one worthwhile pursuing, so you have to give Doerr and Kleiner, and many others credit for putting their money, careers and credibility on the line.
There will be a time in our future where the green technology will be economic; but we probably have moved to quickly to scale up current technology vs developing more advanced greentech..

Jan 16, 2013 9:00am EST  --  Report as abuse
auger wrote:

The cost to repair storm damaged US areas will begin to show graphical direction soon, possibly highlighting a hidden burden imposed by traditional generation. I hold solar company stock as insurance against the fossil producers I depend on for dividends. I don’t want them to fail, but I’m not betting the weather either.

Jan 16, 2013 12:08pm EST  --  Report as abuse
brotherkenny4 wrote:

The problem is these VC guys are not technically adept. They can neither judge the technology for themselves or correctly evaluate those who would be their technical experts. Most of them are as superficial as the typical voter in that they base their opinions on appearances rather than substance, and in the new technology realms that is just stupid. Sure, once in a while they stumble upon a winner, but simple random luck accounts for that.

Jan 16, 2013 4:42pm EST  --  Report as abuse
atillahn wrote:

Sigh, I am too old. In college in the 1970s alternative energy was all the rage. There would be electric cars, hydrogen cars, fusion reactors, solar grids, and wind power to spare. there would also be tidal power, wave power and Ocean Thermal gradient power. Oh, I forgot bio power from methane digesters, cogeneration, flywheel storage, ultra capacitor storage, eutectic salt storage and fuel cells. But everybody found out that those things were expensive and low quality power. It would have taken trillions of dollars and half the land in the country to make them work.

In 2000 exactly the same things came around again. They would be invented by smart teenagers in bedrooms and once we had the secrets cleantech, as it came to be called, would just happen.

Wake me up, the record is stuck. Even Silicon Valley cannot overturn the laws of thermodynamics and physics because it would be cool and because it would be just like the information age technologies.

Maybe in 2030 it will be the thrid sequel all over again. Spare me.

Jan 16, 2013 10:23pm EST  --  Report as abuse
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