Tech will suffer from financial meltdown
Sometimes you have to look around outside of your own personal sector and reflect on the world at large. If you haven't noticed, our financial infrastructure is tumbling down around our ears.
Sometimes you have to look around outside of your own personal sector and reflect on the world at large. If you haven't noticed, our financial infrastructure is tumbling down around our ears.
Venture Capitalist John Doerr, appearing at the Web 2.0 Summit, said that there are thing that the incoming Obama administration can do to help the tech industry, starting with a focus on energy, basic research and higher education - the recipe that started the Internet.
From Net Neutrality to H1B Visas to data privacy and other economic and policy issues, the next U.S. president will influence many important developments in the technology industry. See what we know about the stances of Barack Obama and John McCain on the tech issues.
An ethanol-maker in South Dakota goes for Chapter 11. It's VeraSun, hit by a combo of high clorn prices, and tight credit.
One Silicon Valley venture capital firm announced they'll put a quarter-billion dollars into green tech. Runs counter to the frenzied state of Wall Street and the Federal Reserve where they think a bunch of bankers missing their annual bonuses is somehow a really important economic problem.
Texas. Oil. Politicians. From LBJ to George W, Texas has brought us oil, war and big military budgets.
Not since the financial industry did a header off the high board into a mortgage pool filled with bad paper. It's been literally weeks since an American-based business sector looked this sick.
And that can only mean more interest and investment in clean tech. The AAA gas price survey topped $4 per gallon for the first time today.
At a Churchill Club event in Menlo Park, Calif., Ira Ehrenpreis of Technology Partners moderates a discussion on how large companies like Peabody Energy and General Electric are seeking clean-tech companies to help green their business. The panelists are: Mike Biddle, CEO at MBA Polymers; Jennifer Fonstad, managing director at Draper Fisher Jurvetson; Dirk Michels, partner at K&L Gates; and John Woolard, CEO of BrightSource Energy.
I've blogged before about the need for a new energy calculus. Not just market and whosesale costs to the user of the energy.