A Tale of Two Cleantech Companies: My Presentation from IMPACT 2011

Today I presented "A Tale of Two Cleantech Companies: A case study of what leads to a successful exit or a stunning failure" at the IMPACT 2011 Venture Summit Mid-Atlantic in Philadelphia, PA.

I told the stories of Solyndra and CPower and how they failed and succeeded, respectively.

Here are my slides from the presentation:

Scott Edward Anderson A Tale of Two Cleantech Companies

View more presentations from Scott Edward Anderson.

And here is a transcript of my notes/talking points on Scribd: A Tale of Two Cleantech Companies

7th Inning Stretch: A Note of Thanks from The Green Skeptic

One of my favorite quotes about the writer-reader relationship is from Walter Lowenfels. I keep it at the top of my poetry blog as a reminder. Lowenfels wrote,

"One reader is a miracle; two, a mass movement."

I try to keep those words in mind every day as a writer.

On this the seventh anniversary of The Green Skeptic, I want to thank you, dear readers. I am grateful for your support, your comments, and your readership. I hope you are finding some sustenance here.

Seven years ago I wrote in the first post for this blog,

"As 'The Green Skeptic' I propose to create a web voice that is at once environmentally concerned, while remaining skeptical about our methods of communication and action. My blog will explore current environmental issues in a pragmatic fashion, debunking environmental myths, while supporting market-based solutions that compliment actions taken both locally and globally."

While this blog is about "challenging assumptions about how we live on the earth and protect our environment," it is also about the practice of writing.

Two bloggers I read regularly wrote eloquently about writing this week, Fred Wilson and Joshua Brown.

Fred wrote on A VC that through blogging

"I have learned to love writing. It's creative. It's a puzzle. How do I tell the story? How do I get my point across? How do I do it crisply and clearly? How do I end it on a strong note?"

Joshua, who writes the excellent blog, The Reformed Broker, suggested,

"It is in the writing that I discover what I actually think.  It is in the writing and the communicating of ideas and concepts that they truly become mine.  This is a cognitive learning thing that is very widely understood in the education world.  When I'm blogging there are two things that are happening - you, the reader, are being exposed to something I think might be important and I, the writer, am crystallizing my own beliefs and understanding of the topic at hand."

Writing is important to me. As I've written elsewhere on this blog,

"I have always been a writer -- it's all I've really ever wanted to be. Sure, I do a lot of other things, always have, much of which I've stopped doing over the years. But I'll never stop writing. It's who I am. I'm a writer."

As we mark this seventh year of The Green Skeptic together, I want to thank you again for reading. I hope to keep up my end of the bargain moving forward with good, informed writing about the issues, a healthy skepticism about both hyperbole and hysteria and, most of all, a respect for you, my readers.

Happy Thanksgiving.

IMPACT 2011 Venture Summit Mid-Atlantic to Feature Cleantech

IMPACT 2011 Venture Summit Mid-Atlantic, the annual conference put on by PACT (the Greater Philadelphia Alliance for Capital and Technologies), will take place a week from today and tomorrow (November 29 & 30) at the Ritz-Carlton Hotel, Philadelphia, the Pennsylvania Convention Center and the Crystal Tea Room.

On Wednesday, the 30th, I'll be telling a "Tale of Two Cleantech Companies," offering perspective on a success story and a failure (hint: one of them is Solyndra) and Monday Night Football's Ron Jaworski, known to his fans as "Jaws," will be the keynote over lunch. Timothy C. Draper, Founder and Managing Director of Draper Fisher Jurvetson, will close the 29th as keynote speaker.

A rich cleantech track has been developed for this year's conference, including panels offering investors's perspectives on the challenges and opportunities of investing in clean energy technology and fund managers's perspectives on energy efficiency finance.

Panelists include representatives from Meidlinger Partners, SJF Ventures, Ben Franklin Technology Partners, Blue Hill Partners, New Venture Partners, DB Climate Change Advisors, Transcend Equity Development Corp and the City of Philadelphia.

14 cleantech companies will present, including

AHI Technologies
Alencon Systems, Inc.
e2e Materials, Inc.
FieldView Solutions, Inc.
Holganix, LLC
LED Saving Solutions
Liberty Hydro, Inc.
Local Food Systems, Inc.
MATCOR, Inc.
Organica Sustainable Water, LLC
Proterro
Quench
Rho Renewables, Inc.
WhiteOptics LLC

See the full agenda here, including non-cleantech related agenda items.

Hope to see you there!

Create Value, Don't Trade Value

"The problem society faces is that the best way to become rich is to trade value, not create value."  


--Roger Martin, Dean of The Rotman School and author of Fixing the Game: Bubbles, Crashes, and What Capitalism Can Learn from the NFL, in interview with Steven Goldbach of Monitor Group


What is it about this statement that pisses me off? I mean no disrespect to Dean Martin (sorry, I couldn't resist), he's just the messenger, and I know he bemoans the truth of his statement as much as I do. But the fact that he's correct makes it even more troublesome.


We have completely forgotten what value is as a society. Winning is great in sports and in business, but it isn't great if it is at the expense of values and creating values.


Take Penn State as an example. 


Officials at Penn State may have covered up the hateful and abhorrent crimes allegedly purported by one of its coaches over a decade because acknowledging and doing something about it might harm the mega-million dollar cash cow of its football program. 


That's trading value not creating value.


Trading value creates harm because its driver is greed and its time horizon is temporary.


Creating value creates something lasting and beneficial, not just for stakeholders and stockholders, but for customers and all of society.


Apple creates value. 


Mortgage-backed securities traded value.


We need more people creating value, lasting value, if we want our economy and our lives to thrive.

Will Wireless Vehicle Charging Become Like EZPass?

Image via Wikipedia

A rather poor diagram of inductive charging.

Qualcomm, long a leader in the wireless and mobile space, is expanding into in the electric vehicle (EV) charging market with its acquisition last week of HaloIPT.

The acquisition, reportedly $70 million, has some in the EV charging space scratching their heads. Not because of Qualcomm's interest, but because they went after such a small player in the space.

HaloITP developed its wireless electric car charging technology out of the University of Auckland, New Zealand. Wireless inductive charging, a process explained here allows an electric vehicle to drive over or near a mat that provides a charge without plugging in.

I've written about the need for and benefits of wireless EV charging technologies previously on this blog and, in the interest of full disclosure, I've done some advisory work with one company, Momentum Dynamics of Malvern, Pennsylvania.

According to sources close to Momentum, the company has already bested Halo, which had been doing 7,200 watts, achieving 30,000 watts. That's the level of power needed for commercial vehicles, which is Momentum's target market, and almost 10 times more powerful than WiTricity and Evatran can transmit 3,300 watts (more or less the capability of a low-powered Level 2 plug-in charger).

Momentum has been regularly getting 10,000 watts with greater than 90 percent efficiency. They are so efficient, my source tells me, "you can keep your fingers on them and barely detect that they are warm."

Toyota and GM are investor-partners in WiTricity and Powermat, respectively, and Nissan, meanwhile, is reportedly working on its own wireless charging technology. And Google tested Evatran's technology earlier this year.

With a big wireless player like Qualcomm moving into the space, is it only a matter of time before wireless EV charging becomes EZ and as ubiquitous as wireless toll collecting?

Can #poetryday Save Our Souls?

Seamus HeaneyOn Thursday Umair Haque, self-described author, blogger, thinker, and reformer, suggested #poetryday on Twitter as an antidote to the usual "endless series of tweets about (no offense) trivial stuff" that ordinarily fills his stream.

For some of us -- poets and readers -- everyday is poetry day, but the more I thought about it and saw how others were responding to it, the more I started to think he may be onto something.

I'm not convinced that "poetry is the opposite of the profit motive," as one responder wrote, but I do believe with Seamus Heaney that poetry is "an anthropological necessity because if you didn't have poetry, everything would slip back into media speak."

We need poetry and the attention of the poet because, in Heaney's words, it "helps us to live our lives in the face of destruction."

"I keep getting this funny feeling that our degeneration and the fact that we treat great poetry like stupid rambling might be connected," Umair wrote in another Tweet.

Poet and lecturer David Whyte has been talking about the need for reconnecting with poetry for nearly two decades.

"Corporate America desperately needs the powers historically associated with the poetic imagination not only to see their way through the present whirligig of change, but also, because poetry asks for accountability to a human community, for rootedness and responsibility even as it changes," Whyte wrote in The Heart Aroused, his 1994 book about poetry and the need for more soul in the workplace.

We may never get the news from poetry, as William Carlos Williams posited, but turning away from poetry may prevent us from achieving what Nobel Laureate Joseph Brodsky called "the goal of our species."


(Disclosure: The author is an award-winning poet who also blogs about poetry at seapoetry.wordpress.com.)