Will the Name Solyndra be Remembered?

#11

09-19-2011, 04:21 PM

cmac2012

Me, Myself, and I

Join Date: Dec 2004

Location: Redwood City, CA

Posts: 36,552

Quote:

Originally Posted by Botnst

Make one wonder why venture capitalists didn't fund the company.

According to what I've read, about 2/3rds of the backing was from venture capitalists.

Do you know what their tech angle was and why it appeared promising? A lot of this stuff is in the neophyte stage. A number of companies failed badly some years back in producing reliable lithium batteries. Oddly enough, some sort of process was eventually arrived at that worked.

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