Beware, Beware, Beware of the Big Green Business Bubble Burst

December 16, 2008 · Posted in Green Business Basics, Green Industry, Starting a Green Business · Comments Off 

Esplanade and Photovoltaic Power Plant
Creative Commons License photo credit: racEcar_yayas

Most folks are completely behind the “green movement” and have found a new interest in alternative energy. Most of this has to do with the Global Warming motif and huge amount of media coverage on CO2. Now please understand that in the spirit of full-disclosure I am not a Global Warming Alarmist and do not buy into the theory that mankind’s CO2 is heating up the atmosphere.

Okay, let us discuss the Dot Com Bubble and the Bubble Burst that ripped through Silicon Valley like a Category 5 Hurricane. Venture Capital firms flush with cash were doing deals with companies, start-ups with interesting ideas for website, without any way of ever making any money and no similar business models that had ever proven to be successful. Read more

Tags: <, , , , , , , >

Powered by Yahoo! Answers