Cleantech investments have become a sizeable part of venture capital portfolios. We examined the returns on venture capital invested in cleantech companies that went public between 2000 and 2011. Our data set comprised alternative energy, power supply, conservation, pollution-reducing, and recycling companies, which are classified as cleantech.
Lange, Julian; Marram, Edward; Brown, David; Marquis, Joel; and Bygrave, William
"NO FINANCIAL CLEANUP: A STUDY OF VENTURE CAPITAL RETURNS ON CLEANTECH IPOS (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 32
, Article 7.
Available at: http://digitalknowledge.babson.edu/fer/vol32/iss2/7