Read an article in Forbes about how Jack Goeken is working on a company to popularize the LED lightbulb. The company Borealis Lighting (by PolyBrite International) currently have LED bulbs priced at $10 - $14 that will deliver six times the light per unit of electricity that an incandescent does. A 60-watt incandescent send out 13 lumens per watt, a comparable fluorescent 50, the LED 85. I can't wait until these are cheaper and hit the stores.
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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