In an interview with venture capitalist Martin Gibson, of Atlas Venture, he states conclusively:
“Venture capitalists know that predicting what governments will do is very difficult so the focus has to be on businesses that can stand on their own two feet,” he argues. “Subsidies are important and help make early stage businesses viable, but they are never the only consideration. It may sound hackneyed but what we’re looking for are companies with potential markets, viable products, strong entrepreneurs, potential for internationalisation, and a capital efficient model that does not require too much capital too early – if there is a government framework that is just a plus.”
Now don’t think I ruined the ending for you because he also discusses consumer attitudes and the strength of sustainable purchasing and clean tech investment. This resonates of the suggestion we are the driving force as purchasers and consumers to drive change and investment toward a greener more sustainable future. The power, and what is sometimes referred to as a bubble, of the business side of society to make those changes a reality has effectively become our hope for lowering our climate effects, emissions, energy woes, etc.
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