Blog > Oil and Energy > Blog article: Technology Investing: “Green Bubble Bigger than Dotbomb?”
 | Email This Article Email This Article  | 

Technology Investing: “Green Bubble Bigger than Dotbomb?”

Posted December 19, 2007

“With venture capitalists plowing ever more money into clean technologies, the chances that we’ll see a green investment bubble get higher every quarter.” — vator.tv

Blogger’s Note: We found this interesting perspective and thought we’d share it with you. Now, there has never been a booming sector in any economy without a half hundred pundits crying “bubble”… but this is the first time we’ve seen it applied to the green technology sector.

Baltimore — (TFN): With venture capitalists plowing ever more money into clean technologies, the chances that we’ll see a green investment bubble get higher every quarter. For the first nine months of this year, VCs poured more than $2.5 billion into green-focused companies, a five-fold rise from the amount invested for all of 2005.

And that’s only part of the story. Many investment banks are setting up green funds, and angel investors are also keen to fund companies looking at power conservation, solar power, alternative fuels and other green markets. It’s the kind of frenzy that can lead to over-investment. In a word, a bubble .

At the Venture Summit West conference hosted by the AlwaysOn Network in early December, a panel of investment bankers debated whether we’re already in a bubble, whether one can be prevented and, if not, how big it could get. Although he stopped short of saying a bubble is here, Paul Deninger, vice-chairman of Jefferies & Co., said “there could be one, and it could be bigger than the Internet bubble… because the addressable market is so huge.”

Read on….

****Make sure you sign up for our FREE TFN News Feed for breaking news, special reports and new financial videos. Click here to pick your favorite reader. If you prefer to have the feed delivered to your email, just click here.


Related Articles


Posted by TFN · Filed Under Oil and Energy 

Comments

close Reblog this comment
Powered by Disqus · Learn more
blog comments powered by Disqus