SILICON VALLEY FINDS A NEW HOT SPOT

The sniff dogs are on the pounce again. The venture capitalists of the Silicon Vally are busy changing their investment portfolios as the valley sees a rapid paradigm shift. Gone are the days of the Dot Com boom- hello watt com era. though many market analysts are still not ready to label it as the new boom in the valley but the word is out and seems to be spreading fast. the venture capitalists are investing the green in the new start ups that are mushrooming out throughout the valley. most of these start ups are promising the new and more.Eco friendly sources of energy in the near future like solar energy, bio fuels and other form of more. Eco friendly fuels generated form plants and other natural sources. the atmosphere is buzzing with new fervor and the start ups look to make the most of it as many dot com entrepreneurs are moving to this field . the start ups are getting their limelight moments as the venture capitalists and the young executives from the different business schools are flocking in . but some market analysts are sceptic and not yet ready to commit themselves into saying that this is the boom and THE thing to look for in the future. they try to bolster their point by saying that the new effort of coming up with renewable and more ecofriendly sources of energy is far from being abreast with the what dot com era promised. the dot com era promised that the computer should not be the child's play of a few and remain esoteric to others the Internet promised the shift of the power from the hands of a select few to the larger masses and the Internet sort of revolutionised the world by opening up and diversifying the prior to unseen sources of fact and fiction,knowledge and know hows, fun and frolic. but this is a different issue altogether - the very prospect of doing well by doing good which is the new mantra for the new boom entrepreneurs hangs on a delicate balance as the prospective product that the company eventually dishes out has to be viable form the point of view of the science and thats where lies the main difference between this so called boom and its predecessor. the total investment in this area is also smaller than the corresponding investment in the dot com boom which touched 34 billion dollars in 2000 which signify the peak of the boom. whatever the cynicism or the enthusiasm this mini boom has to deliver a lot in the future to match up to the heights crea ted by its predecessor - a matter that will take time- do good get rich but a little slowly. Read the whole article here