10 Nov '11, 12pm

In Greentech 2.0, Only the Strong Survive

In Greentech 2.0, Only the Strong Survive

"If you are casually interested [in cleantech], you shouldn't dip your toe in the water," Foundation Capital's Steve Vassallo said to the crowd at the Harvard Business School's energy symposium . The daylong agenda brought clean energy and technology investors together to speak candidly about the challenges the sector faces, and how the current moment is a mix of boomtime and depression. "People always think that we are at the bottom when we are still on the way to the bottom," said HBS professor Joe Lassiter. "It is like when kids get into the car and ask, 'are we there yet?' 10 minutes after the car starts." "Your resolve and commitment to cleantech will be tested in the next three to five years," Vassallo added. "We are going to be walking through the desert.... Look deep down and see whether you really believe, because it is not going to be easy." Nor is it ever easy. ...

Full article: http://www.greenbiz.com/blog/2011/11/10/greentech-20-only...

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