Read an article in Forbes about a venture called WiLDNet that is providing low-cost, long-distance wireless internet access to the Third World. The initiative is being run by the Technology and Infrastructure for Emerging Regions (TIER) group at UC Berkeley headed by Eric Brewer (founder of Inktomi). It can transmit up to 60 miles using just 8 watts of electricity (a solar panel can run it) at cable modem speeds and costs only $400. One hospital is using it to deliver telemedicine in India. Very cool use of technology.
There's a lot of VC money going into "green tech" projects these days - $2.2 billion in 2007! I read an article in Forbes about the next generation of VC's leading the charge. The bios of these folks is truly ridiculous. Here's an excerpt: This trio could get hired anywhere. Aileen Lee was president of her section at Harvard Business School. Trae Vassallo learned to program when she was 7 and at 28 cofounded a wireless e-mail company that Motorola bought for $550 million. Samir Kaul led the effort to sequence the genome of the arabidopsis plant and then built three life sciences companies from scratch. He's only 33. These three are among venture capital's new guard. That's kind of humbling.
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