I am now, have been and will be wrong

The final day of Cleantech had panels and information sessions.

Some of these were helpful, others, less than valuable to me. The networking was of greatest interest, and being able to catch a word with the other investors was of highest interest.

There are the folks I've done business with. And the people I want to do a deal with in the future.

But in a final blast, here are my other scribblings from this forum.


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globalization of VC
impact on VC's industry is large

Drivers -> technology regulations entrepreneurship
-> mobility: goods/services info capital people
-> markets: become more competitive
-> Drivers


until 3 years go 85% of innovation came from the US

now other areas are growing faster

Cycle is putting pressure on VC's

Now VC's must have global capability

markets are disperse

most VC's will do collaboration
VC's become LP's in international funds

Global VC 31 Bil
69% US, 14% Europe 5% Israel 13% Asia

more companies investing outbound deals

VCs should introduce senior management teams overseas
customers overseas

Must think international earlier
Capital efficiency

Must have clear thinking syndication models

the practice of the past 30 years will not be copied
we are now at a disruption point

Constraint: Sustainability
Ability to operate in global environmental international negotiation is necessary
and soft issues are needed.



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Make government policy helpful.

Collectively slow to act on
Air pollution
Mercury
Fossil fuel usage

People are not good trustees of common resources

solar companies have gone boom/bust in relation to subsidies
incentives/policy are important to business

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CleanTech can drive attractive returns for LP's

CleanTech is an under served sector
huge markets
ripe for tech and investment

Now, starting to see innovation and good companies

CleanTech has become a hot area
Venture Capital Journal,
mentioned CleanTech many times in the past few issues.

Quality of investments is improving

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Global Environment Fund

Profitable environment tech
more efficient utilization of resources
stimulate technology innovation
production areas

Demand for tech innovation to promote cleaner technology would be global

US has lost margin on many technologies Solar/Wind/Wave

2 questions asked
what size of markets?
How will governments respond to CleanTech markets?

VC has to be in a growth industry

Environmental industries is growing in high population concentrations.
This must be in areas of growth

Countries are leapfrogging in pollution control

first 80% of pollutants are cheapest to remove

simple high tech solutions will do well

10% of revenues are overseas

Countries like South Africa needsreliable electricity to continue growth.