I've heard it said that venture capital is an apprenticeship business, that it takes about seven years for a VC to become a proficient investor. As I now get close to my eighth year investing in the cleantech sector, that aphorism resonates with me -- especially as I look back at the many ways...
The economy is sputtering, VCs and LPs continue to be wary of cleantech, federal government support of the sector continues to be feckless, political rhetoric regarding cleantech is reckless... So why am I smiling and full of cheer this morning?
A new wave of additional corporate strategy managers are looking anew into the sector and trying to determine if there are opportunities within it for growth for their company. Here is some advice for them.
I'm finding myself spending a not-insignificant amount of time on two "extracurricular" projects lately, the Clean Economy Network (where I'm co-chair of the board of the CEN Education Fund) and the Cleantech Open (where I'm serving as the chair of the northeast regional competition/ organization, f/k/a Ignite Clean Energy).