I was shopping in Whole Foods, Palo Alto the other day (Don’t get the wrong idea – I do not drive a Prius like our CEO
, I drive a 1971 Datsun 240Z
) and while buying cheese (Jarslberg, not Brie), I ran into a notable VC with an investment in an algae development company. This investor, who asked to remain nameless, lamented the difficulty of even finding the right species of algae
, let alone scaling up to the volumes required.
Then, buying chocolate, I ran into the CEO of another algae firm
, also requesting anonymity (seems like a trend). He said that achieving real volume in algae to biodiesel production is four to seven years away. Which seems realistic but also seems to fall...