Cleantech Quote

September 17, 2008

Here’s a fantastic quote from a VC explaining to Dan Primack over at PE Hub about why he’s chosen not to invest in cleantech:

“We decided that we prefer capital efficiency over capital intensity.”

This is a sentiment that I’ve heard from several venture capitalists lately. Cleantech is definitely a investment sector that draws strong opinions. And as the average exit period for these investments becomes later and later, opinions will only grow stronger.