Venture capitalists never know for sure which energy innovations will succeed, but they've learned a lot about what it takes to give them a chance. The Wall Street Journal's Kimberley A. Strassel discussed the makings of a successful venture with Ray Lane, managing partner at Kleiner Perkins Caufield & Byers, and Matthew Rogers, a McKinsey & Co. director and former senior adviser to the secretary of energy for Recovery Act implementation.
Here are edited excerpts of their conversation.
To read the full, original article click on this link: The New Energy Math for Venture Capitalists - WSJ.com
