For green-tech start-ups, 2008 could be the year of either break-neck speed or just hitting the brakes. A tidal wave of venture capital has poured into clean tech over the past four years, reflecting the confidence investors and entrepreneurs have that high energy prices and climate change make the sector ripe for technical innovation. But the economics of the energy business pose funding challenges to start-ups in the field, a situation that could be exacerbated by a softening economy, say investors.
Source: ZDNet News
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