Swimming in Open Water
July 19, 2010 Leave a Comment
It is an exciting time for Glisson Capital and I decided to start blogging about it.
Linda, DJ and myself have started to review smaller companies to see if we can help them. It is not philanthropic, as we will be making money as well, but we have a broad skill set which is particularly applicable to help fledgling companies.
Linda’s strong financial/structuring background and enormous rolodex, my operational expertise and technology background and contacts, together with DJs, entrepreneurial background and fund management experience give us a broad set of tools to bring to the table.
Clean tech is an area I am particularly interested in. I was running a small green company most of last year and I looks like clean tech is coming of age. I read this on the Cleantech group web site. “Cleantech is increasingly core to corporate competitiveness, with global markets for cleantech products and services predicted to reach $3.6 trillion by 2020.” That is a big market!! Power storage, and batteries in particular, are the holy grail here. A lot of progress is being made in battery development and the chemistry behind them, but there are still major opportunities there.
Another area that I really get off on is cloud computing. Intel’s astounding financial results recently, record profit on record revenue point to a massive investment in data center development and deployment by corporate customers. As a friend of mine told me yesterday, if you lived beside the Hoover Dam, it makes sense to build an aluminum plant. Likewise for the datacenter development. With all these company clouds being developed, it makes sense to build a company that will take advantage of those resources….