Paul Kedrosky at Infectious Greed posted some great quotes from the prolific VC firm Kleiner Perkins. Most amazing and encouraging to me is line item number 3. I write about renewable energy/ethanol quite often…thus I’m very encouraged by Ray Lane’s prediction. Bigger than the Internet! Yes . It should be…it will be.
Here they are:
John Doerr (1997-2000): "The Internet is the largest legal creation of wealth in the history of the planet."
John Doerr (2005):
"[The cell phone boom will be] ultimately be more important and will
likely offer a larger wave of investment opportunity than the personal
Ray Lane (2006): "This is bigger than the Internet, I think by an order of magnitude. Maybe two. I’m taking the entire energy industry."