Netizen: Clean technology

Showing posts with label Clean technology. Show all posts

Monday, February 14, 2011

The Google/Facebook Of Microfinance

Slumdog Millionaire has spent three weeks at t...

Image via WikipediaThere are five broad categories on the cutting edge: web tech, clean tech, bio tech, nano tech, fin tech.

Validation From Fred Wilson: Froth
The Entrepreneur Does Have A Boss
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Google and Facebook fall within the web tech domain. Google is the next Google. There is no next Google. Facebook is the next Facebook. There is no next Facebook.

But there remains a Google/Facebook size opportunity in mobile tech, which is a sub category of web tech.

2015: A Mobile Tech Company Will Storm The Room

My Third World Advantage

Image representing Google as depicted in Crunc...

Image via CrunchBaseThere are five broad categories in tech: web tech, clean tech, bio tech, nano tech, fin tech. Each of those five categories are broad. Each has sub categories, and sub sub categories.

There is no next Google in web tech, there is no next Facebook in web tech. Google is the next Google. Facebook is the next Facebook. But the Googles and Facebooks of clean tech, bio tech and nano tech are still out there. They are still small. If you can locate them and put some money into them, you are going to end up uber rich. But it is not easy to locate them, not easy at all. Even the Google of today was not easy to locate when it was small. Yahoo could have had the Google search engine for a few tens of millions, but they passed up on the offer.

Image via WikipediaWhat I have is a FinTech startup. It is a tech startup. But it is not a tech startup that is trying to come up with the next big thing in tech. That we will leave to the companies that are first and foremost web tech companies.

But we a-r-e going to stay on a constant lookout for developments in tech to see what new developments we can put to the use of microfinance. So we are going to keep our antenna up. But then that is not true only of web tech. We are also interested in the developments in clean tech, bio tech, nano tech. If there will be developments in those sectors that we can possibly put to the service of our microfinance efforts, we will go in with both hands.

Microfinance: Cutting Edge Like Clean Tech, Bio Tech, Nano Tech

Image via WikipediaMicrofinance: A Zero Trillion Dollar Industry
Microfinance, Nanotech, Biotech, Software/Hardware/Connectivity
Vinod Khosla's Green Tech Sweep

I put microfinance in the same league as the sectors touted as the next big things: clean tech, bio tech, nano tech. People in the industry keep referring to the challenges in the last mile. When it is time to dole out the money, it gets complicated.

Web tech is relevant to all these emerging sectors. You are going to need specific kinds of software for specific tasks in nano tech, for example, although many generic web tech stuff will do just fine. The big minds in nano tech will still be on Facebook and Twitter, will they not?

Intelligent Manufacturing

Factories getting carted away to Mexico was that "huge suction sound" Ross Perot heard way back in 1992. That image still persists. The Great Recession has made those fears much more concrete and real. Those jobs that are gone are gone. That seems to be the thinking.

Net Neutrality, Clean Tech And Political Fights

Solúcar PS10 es una planta solar termoeléctric...

Image via Wikipedia

Wired: What Solar Needs: Its Own Karl Rove: Eighty percent of Americans rated solar power favorably, compared to 39 percent for nuclear and 32 percent for oil. Seventy-four percent believe that solar is a “long-term solution for the country’s energy needs.” ..... 94 percent of Americans see solar as important and 80 percent want to see subsidies transferred from fossil fuel to solar...... Unfortunately, the public also said solar is too expensive, will remain an intermittent source of power, and can’t really directly compete with coal or natural gas. Only 41 percent thought solar was affordable, and only 34 percent thought it was reliable..... Seventeen percent said solar would “never” be the largest source of new electricity for whole cities. Most of those polled were largely in the dark about the subsidies provided to oil and gas. Just 19 percent correctly estimated that the fossil fuel industry gets more than $10 billion in subsidies.

Freedom is not free. The trucking industry killed trains in this country decades ago, and the country is still reeling from it. The best does not always get done because this is a democracy. The people have to actively make the choice, and if they don't actively opt for the best, they don't get the best. Because this is a democracy.

Google's Newest Venture: Google Ventures

Image via CrunchBase

Google's Newest Venture: Google Ventures young companies with truly awesome potential ...... finding and helping to develop exceptional start-ups. We'll be focusing on early stage investments across a diverse range of industries, including consumer Internet, software, clean-tech, bio-tech, health care and, no doubt, other areas we haven't thought of yet. ........ times are tough, but great ideas come when they will ...... the current downturn is an ideal time to invest in nascent companies that have the chance to be the "next big thing," and we'll be working hard to find them ...... If you think you have the next big idea

http://jyoticonnect.googlepages.com

Google Ventures seeks to discover and grow great companies - we believe in the power of entrepreneurs to do amazing things. ....... We invest anywhere from seed to mezzanine stage and embrace the challenge of helping young companies grow from the garage to global relevance. ..... we're out to build great companies, period.

http://jyoticonnect.googlepages.com

First and foremost, we're looking for entrepreneurs who are tackling problems in creative and innovative ways. ..... amounts ranging from seed funding to tens of millions of dollars