Solyndra - Wikipedia

In short, VCs in these frontier domains essentially need multiple miracles for these companies to succeed. Compare those scale up challenges to traditional biotech and pharma, where the entire industry has designed systems and processes to prove safety and efficacy and grow production. There’s still serious technical risk, but it’s knowable... See more
Danny Crichton • Lux Capital Page Not Found
The grandiosity of the scheme is reminiscent of another failed European megaproject, Desertec. The intuition behind Desertec was to generate PV energy in the Sahara Desert and transport it to Europe. Desertec was set up by a network of politicians, scientists, and economists which itself was founded by the Club of Rome, of all organizations. It was
... See moreSubstack • Pushing on a String
in 2009, the Obama administration began offering loan guarantees to emerging energy technologies. Tesla got $456 million, a loan that proved crucial to its later success.