How Moore’s Law Has Spoiled Us for The Energy Revolution
The classic model of venture success in the dotcom and IT eras – some three to five years to a 10x return exit — doesn’t commonly ring true for energy startups. They’re requiring heaps more investment and many more years to get to market (if they make it). The returns – even for successful IPOs like A123Systems and Tesla – are generally on a smaller scale for most of the investors because the companies have needed to raise hundreds of millions of dollars in equity. At the end of the day it takes a lot more money to manufacture cars and batteries than, say, build Twitter.
A fascinating analysis of innovation in the energy sector. Sobering, but encouraging to see that money and effort are being put into the space by some of the same folks who drove innovation in the internet.
Read How Moore’s Law Has Spoiled Us for The Energy Revolution.
technology | chris | 
August 17, 2010 10:21 pm
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