| Lately, as a retired or rather semi-retired consultant | | | | never turn a profit and yet they are getting funded. |
| I've had the chance to read lots of business plans, | | | | This is problematic when a venture capital firm will |
| actually more than I care to. In fact, I've helped | | | | invest in something that may never actually turn a |
| re-write a few, yes, too many. One thing I've noticed | | | | profit, so why are they doing it? Because there is |
| as of late is that so many of these start-up | | | | money flowing into the industry, much of it taxpayer |
| entrepreneurs work to add in a little bit of "green" | | | | subsidized research dollars and they want in on it and |
| into the scene; but why? Because, like alternative | | | | will most likely take these companies public at the |
| energy, recycling, and environmental concerns; green | | | | top of the market prior to the collapse. |
| is in. | | | | Curiously enough, even companies that have nothing |
| Now let me tell you some of my observations and | | | | to do with the green industry or alternative energy |
| why I am worried that we are busy building a green | | | | sector are finding ways to look green to attract top |
| bubble. Yes, that's right the next bubble to burst will | | | | talent and solid investing partners. I think it's time to |
| be the alternative energy bubble that we are blowing | | | | put out a warning in advance of this fast growing |
| up. Many of the business plans I've been scouring | | | | green bubble, so everyone knows what they are |
| through do not have any relevant ROI (return on | | | | doing before it bursts. History repeats; think on that. |
| investment), indeed, a good many of them may | | | | |