VCs give a three-year window to succeed, - Saab General Bulletin Board - Saabnet.com
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past that and there is no interest. I worked for a small tech company that was purchased by one of the largest VCs; they dumped us after three years, as they do with four of every five companies that they buy.
Unfortunately, there are very few (if any) private companies/corporations that are still engaged in long-term research such as will be required for a game-changer in battery technology. The new large corporate model is to find a small company that has already developed a marketable technology and buy it vs. developing new technology in house. So far, no one has been able to do this with vehicular batteries, but that does not mean that it can't be done.
In terms of national priorities, the cost of this research @ $120M is about equal to 9.6 hours of the war in Afghanistan (see link) and could have a much better potential outcome.
posted by 108.71.134...
http://www.google.com/hostednews/afp/article/ALeqM5gNQ3JbWwd6t-PzkuECkRJvsAlNkA
Posts in this Thread:
- The Global Quest for a Better Car Battery, JohnA , Sat, 1 Dec 2012 06:19:35
- What's another $120 million on top of $8 billion in fai, Dean C, Tue, 4 Dec 2012 18:41:50
- Re: Expensive Global Quest for a Better Car Battery, BobS, Sun, 2 Dec 2012 17:50:05
- There is a known high energy density battery, Tim, Sun, 2 Dec 2012 01:06:42
- A no-brainer, JerseySaab , Sat, 1 Dec 2012 07:32:52
- Excellent documentary on fast-breaking solar technology, JohnA , Sat, 1 Dec 2012 12:41:32
- The World Energy Forecast Is Worse than You Think, JohnA , Sat, 1 Dec 2012 12:37:54
- Re: A no-brainer, Brucer, Sat, 1 Dec 2012 11:44:27
- Internationally Competitive Issue, Bill Homer , Sat, 1 Dec 2012 08:50:26
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