I’m in Texas this week for the annual National Business Incubator Association conference. The theme of the conference is Innovation for a Strong Economy and Healthy Planet. Several of the conference’s breakout sessions are devoted to green energy. These facts reiterate a point I heard an expert on VC financing make recently: the smart money among Venture Capitalists in Silicon Valley is headed towards Green Tech… and I don’t just mean green as in the color of money, I mean green in terms of the environment.
Of course it’s possible that there is as much irrational exuberance in this phenomenon as the IT market of the 90’s or the housing market of the 2000’s, but hey, we’ll let Ben Bernanke worry about that.
Bottom line: if you know of a company working in areas such as the environment, now’s the time for them to get funding.
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