Monday, May 05, 2008
Tech Money Going Green
One of the biggest shifts of the past few years is all of the VC money that was made in IT during the past two decades is going to clean energy startups. Web 2.0 companies will find it harder to get funding because they are competing with green companies. Social networking is already starting to enter the shakeout phase that will result in a handful of winners (MySpace, Facebook, etc.), and community features built into all of the major sites. A year from now Web 2.0 startups will have a hard time differentiating themselves.Earth2Tech.com has a list of 25 (and there are many more) VCs who are now directing cash towards clean tech investments.
The green momentum is also spawning companies covering clean energy news.
Posted By John Gartner at 11:27 AM
Permanent Link: Tech Money Going Green
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