http://earth2tech.com/2009/02/20/why-the-government-should-not-be-a-green-vc/
Earth2Tech: Six reasons why the federal government should not create a green VC fund, including: there is no lack of venture capital funding, good startups are still being funded by VCs, VCs don't need a bailout, excessive funding hurts markets, and a government VC fund likely would end up backing the end-of-the-road less qualified companies. Gurley's post is in response to a poor idea that (NYT) Thomas Friedman (bestseller Hot, Flat & Crowded) noted in one of his recent New York Times op-eds:
Earth2Tech: Six reasons why the federal government should not create a green VC fund, including: there is no lack of venture capital funding, good startups are still being funded by VCs, VCs don't need a bailout, excessive funding hurts markets, and a government VC fund likely would end up backing the end-of-the-road less qualified companies. Gurley's post is in response to a poor idea that (NYT) Thomas Friedman (bestseller Hot, Flat & Crowded) noted in one of his recent New York Times op-eds:
