March 15th, 2007
Green is Gold
Abstract:
Green technology is no longer on the virtuous fringes of the economy. It's big business, and moguls are seeing the potential for big profits. From radical pollution-free fuel cells to smog-eating nanocoatings, nanotechnology is making some startling advances on the green frontier.
John Doerr knows a good investment when he sees it. He bet on firms like Netscape, Amazon.com, and Google, before they became household names, and built a multi-billion dollar venture capital business. So what does John Doerr see as the next big thing?
His VC firm, Kleiner Perkins Caufield & Byers, is pumping $100 million into technologies that help provide cleaner energy, transportation, air and water.
Source:
fxstreet.com
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