Over at C-Net, Stephan Dolezalek or VantagePoint Venture Partners talks about how this generous pile of cash is causing some people to worry about a green tech bubble. Some investors are still smarting from the tech bubble, but VantagePoint – which has invested in Tesla Motors, Better Place and other companies in the renewable energy industry – is not shying away. Whether or not green companies succeed with their IPOs (and Tesla has already started down the IPO road) will go a long way to set the mood for the industry as a whole. Dolezalek is confident Tesla, at least, will be fine. He told C-Net:
Another recent IPO in the green car space was battery company A123 Systems. Dolezalek's opinion of how that has turned out so far: "that's OK, not great." There's more, including thoughts on how government funding affects the playing field, here.Tesla has real revenues, a real product. Now, it's going to work on a new product--a four-door sedan--so yes, there's some technology risk in this model. But that's no different than the risks of any car manufacturer. So I think as a category, in a lot of ways, the risks are lower because companies have more meaningful products and technologies than lot of what we saw in the 1990s.
[Source: C-Net | Image: Wonderlane - C.C. License 2.0]