drgoodwrench

U.S. Venture Capital Moving from IT to Clean Energy

So who are these guys buying up Clean Techs?
As a director of the ONLY Heavy Duty (Diesel) CNG/LNG conversion Company to turn a profit this year, we can't get any VC funding without giving away the company. Using VC interest as a measuring stick of the potential of a given "space", without considering what these companies give away in return for the capitol, is fool hardy. What it shows is the willingness at this time for Clean Tech Entrepenuers to give away their technology to Vulture Capitolists.
Thank goodness "regular" investors have stepped in and bought shares of our Company when we needed a capitol infusion, Yes, we could be doing a lot more, much quicker if we were heavily capitolized by the VC crowd, but then we'd be working for someone forcing us to ship our jobs overseas and to manufacturer a cheaper product... Not worth it.