Wednesday, April 9, 2008

My Point Exactly

Here's a blog post (from late last year) on our local Seattle PI website that expresses the crux of my concern: Seattle is ripe for green tech investment, but it's just not happening. Dennis DuBois writes:

Ted Bernhard, Managing Director of the Stoel Rives Energy Ventures Group, blogged about the Northwest's straggling clean-tech investing scene.

"I continue to be struck by the fact that there is enormous regional, national, and global institutional investor interest in clean tech, a lot of high quality, clean tech companies and deal flow in the Seattle, Portland and the Northwest, a wide range of new angel organizations focusing on cleantech in the region and a boom (verging on an overly exhuberant bubble) among bay area venture capitalists, yet there is so little or no activity in Oregon and Washington -- the supposed cleantech leaders of the nation."

Read the rest of the article here:

http://blog.seattlepi.nwsource.com/energy/archives/125006.asp

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