That's something I'm also hearing. What's the best way, do you think, to help educate investors? Or is that simply not possible because the unknown risks seem daunting? I'm sure it's hard to trust an enthusiastic and green startup. Is that a sticking point?
I understand why web apps are easy to understand, if done well. But opportunities in greentech and medtech seem like a huge unmet need. We have health and defense grants to fall back on, but for seed-type money we can bring a product to the medical market. That to me is where a quiet revolution is already underway.
I dunno. I invest in internet startups because I know the product space, I can do most of the work myself (I can code, I can make product decisions, etc) and I have a good sense of where it will go. And I'm excited about the space.
Cleantech (and medtech) are fascinating, but I don't have the thousands of hours of focus that I've had on webtech. It feels like I'm just analyzing the numbers when I look at those deals, and that makes me a bad angel there.
I'd consider a VC fund with some background in it, though.
I understand why web apps are easy to understand, if done well. But opportunities in greentech and medtech seem like a huge unmet need. We have health and defense grants to fall back on, but for seed-type money we can bring a product to the medical market. That to me is where a quiet revolution is already underway.