Re:A Silicon Bubble Shows Signs Of Reinflating
by joshu on Saturday December 04, 2010 @04:37PM
(#1970215)
I dunno. I invest in internet startups because I know the product space, I can do most of the work myself (I can code, I can make product decisions, etc) and I have a good sense of where it will go. And I'm excited about the space.
Cleantech (and medtech) are fascinating, but I don't have the thousands of hours of focus that I've had on webtech. It feels like I'm just analyzing the numbers when I look at those deals, and that makes me a bad angel there.
I'd consider a VC fund with some background in it, though.
I understand why web apps are easy to understand, if done well. But opportunities in greentech and medtech seem like a huge unmet need. We have health and defense grants to fall back on, but for seed-type money we can bring a product to the medical market. That to me is where a quiet revolution is already underway.