Solyndra Inc. once seemed destined to help spark a second wave of venture investing in clean technology.
Bloomberg Now the solar-panel maker–which today announced it plans to file for Chapter 11 bankruptcy and lay off all 1,100 of its workers–is an example of how difficult it is for venture investors to make money in manufacturing-heavy businesses whose products compete in commodity markets.
The “Solyndra Effect,” one clean-tech investor said, now refers to the chill sent down the spines of potential limited partners of venture capital funds by the massive writedowns experienced by investors in the solar company.
To read the full, original article click on this link: Solyndra's Venture Capital Backers Lose Their Grip - Venture Capital Dispatch - WSJ
Author:
Yuliya Chernova
