Clean tech VCs putting money on solar, not IPOs
Clean tech venture capitalists, known as a sunny, optimistic bunch, are finding a lot to like in solar.
A survey done by legal firm Cooley Godward Kronish found that clean tech investors believe that solar has the most long-term profit potential over the next five years, followed by "energy intelligence," or smart grid technologies. After that came biofuels and wind in terms of economic attractiveness.
Initial public offerings--which have been few and far between in IT for several years--do not appear to be the most common route to cash in.
Only 10 percent of the 75 Silicon Valley … Read more
