Re:Could VC be a Casualty of the Recession?
by blurry on Friday December 05, 2008 @12:36PM
(#387296)
If you believe Al Gore, for $90MM you can build a giant New Mexico wind/solar farm that would supply enough electricity to power the entire US. (It's been a while since I saw the presentation so some details might be wrong but I am at least in the ballpark, especially regarding the price tag). Seems like 10 VC firms could easily get that sort of money together.
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Re:Could VC be a Casualty of the Recession?
by helveticaman on Friday December 05, 2008 @11:14PM
(#387826)
90 Million? The entire US? That's way off. I haven't seen the numbers, but that's like saying a car engine can get 1500% efficiency, or that a ten-year-old neighbor can bench-press 2000 pounds. It's just not in the cards.
Re:Could VC be a Casualty of the Recession?
by gaius on Saturday December 06, 2008 @02:00PM
(#388264)
"If you believe Al Gore" being the key phrase :-P