A recent NYT article discusses the funding, interest, and human capital attracted by Silicon Valley alternative energy technology (aka cleantech) start-ups lately. It feels like 96 but now for ET? We'll see in a few years. Independent of its future success, ET is complementing IT by making it more efficient and helping it scale; certainly not displacing it.
From the article:
"In the Internet boom, the mantra was to change the world and get rich quick. This time, given the size and scope of the energy market, the idea is to change the world and get even richer — but somewhat more slowly."
Wednesday, March 14, 2007
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