Recent Posts:

2009: The Year of the Carbon Market

Rob Day: December 31, 2008, 3:51 AM
Happy new year, everyone! A big thank you to the few thousand of you who regularly read this column, and thanks for the kind words many of you have sent my way over the past few years.  I hope these rambling writings continue to be useful for you... Everyone probably already has a lot of resolutions already in mind for the new year, but allow me to suggest a few additional ones (these are mostly easy, so you can quickly increase your "success rate" if you add them to your list):

Some quantifiable predictions; and more reader feedback

Rob Day: December 22, 2008, 9:15 AM
'Tis the season for VC predictions, and the NVCA says that VCs still think the world of cleantech, so what kind of cleantech VC blogger would I be if I didn't have a few predictions of my own... But let's break with VC tradition and make some predictions with teeth.  And then let's break with tradition further and let readers vote on them.  No more VC "predictions" like "government will play a bigger role in cleantech" or other so-safe-its-useless bromides -- here are some predictions where I'm setting a quantified "over/under" and then readers are invited to click here to participate in a very brief survey to place your bets on whether I was high or low. 1.  As Michael...

A good interview with David Lincoln of Element

Rob Day: December 17, 2008, 3:45 AM
If you get a chance today and can check out this interview with David Lincoln of Element Partners before PE Hub pulls it back into the subscriber-only archives, do so. It's a good discussion of some of the trends identified in the @Ventures presentation from last week, from the perspective of a later-stage investor.  Smart thoughts from David, who's one of the most experienced cleantech investors around.  A good interview by Connie Loizos. One small clarification:  Loizos did make one small but important misinterpretation of one bulletpoint in the presentation, when she suggests that 80% of cleantech VCs are moving to late or balanced stage.  I don't know whether or not that...

The revolution will not be publicized

Rob Day: December 15, 2008, 4:59 PM
The end of last week was probably a terrible time for @Ventures to have put out a presentation challenging recent trends in cleantech venture capital, given what's been going on in the news cycle...  There were meaty discussions by Michael Kanellos at GreenTech Media (I'll discuss that column a bit more in another post) and Katie Fehrenbacher at Earth2Tech, but otherwise financial reporters were too busy throwing shoes at ponzi-scheme hedge fund owners.  Some I spoke with blamed the failed auto bailout or the Obama energy and environment team rumors as among several bigger stories that needed to be covered.  One reporter I spoke with explained that he'd just gotten fired.  Tough...

A quick deal catch-up

Rob Day: December 15, 2008, 4:22 PM
Deals from the past couple of weeks:
  • SensorTran, a developer of fiber optic based sensors (and full disclosure: a former portfolio company of mine) raised a $3.5mm insider Series C.  Advantage Capital Partners, Expansion Capital Partners, WHEB Ventures and Stonehenge Capital participated in the round.

What’s wrong with cleantech venture capital

Rob Day: December 11, 2008, 3:09 PM
The cleantech venture capital model isn't broken, but some investors sure are stretching it as hard as they can... In the three and a half years that I have been writing on this website, it's fascinating (at least to me) to go back and see how things have changed in the industry, and in the messages in my writings. At first, I started writing about a small niche in venture capital that no one else was even reporting on, so the purpose of the blog was to simply compile the news and some views in one place since that was lacking, and since friends and family had no idea what...