25 Who Ditched Infotech for Cleantech

Written by Katie Fehrenbacher

Elon Musk

Background: cofounder of Paypal

Current: Chairman, chief investor in Tesla, Chairman, CEO SolarCity

Musk co-founded PayPal, which sold to eBay in 2002 for $1.5 billion, as well as web media company Zip2, which was sold for $307 million to Compaq. Born in South Africa, the 36-year-old is now the chairman and main investor in electric vehicle startup Tesla Motors, and chairman of solar installer SolarCity. And that’s not even his day job — he’s also CEO and chair of space launch company Space-X. Here’s an interview we did with Musk.

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[...] Earth2Tech has a roundup of information-technology entrepreneurs entering the cleantech market looking for the next “Google of cleantech.” [...]

Why are there no women (or very few - some I couldn’t tell) on this list?

A somewhat sad commentary, is that not?

Rory Gawler said on May 5th, 2008 at 7:51 am

Something all these infotech people should remember regarding computer technology vs. energy technology:

Infotech is basically a technology of the abstract: bits per second, operations per second; Gbytes per sector. All of these are abstractions of logical 1’s or 0’s which fundamentally, could be represented with the presence or absence of a single electron. That is to say; their technology is not closely related (at least theoretically) to physical limits, at least not yet anyway.

Compare this to energy. A watt is a watt. You get something to produce 100 watts; you can’t simply change your lithographing strategy and increase its yield by a factor of 10. You have to fight for every bit of improvement. Welcome to the REAL, real world.

Jim said on May 5th, 2008 at 8:08 am

[...] 25 Who Ditched IT for CleanTech [...]

25 Who Ditched IT for CleanTech - GigaOM said on May 5th, 2008 at 8:27 am

Well said Jim.

Paul Latix said on May 5th, 2008 at 12:46 pm

I noticed that most of your stories focus on USA backed companies, but here in Germany there is a very large emerging economy around green science. The University in Salsbury has large green science and economics department. Someone should do a list of which countries are the most green taking education, finance, and law into consideration. You will USA is among the worst.

Brok Enheimen said on May 5th, 2008 at 1:11 pm

[...] mean you’re only interested in creating businesses that make huge profits — though our list of 25 that ditched infotech for cleantech are certainly still trying. Estonian entrepreneurs Ahti Heinla, a Skype guru, and Rainer Nolvak, founder of MicroLink and [...]

I don’t think ‘jim’ the sarcastic knows what he’s talking about!
Cleantech, whether it’s building EVs or power plants is a direct result of advances in IT and is directly related. Large scale production of Li-ion batteries for laptop computers and high powered IGBTs from semi conductor companies inspired the first high performance EV demonstrator the tzero. Software will become an increasingly important part of EVs as they become totally dependent on microprocessors to run everything from battery management to their AC motors, brakes and even automated vehicle dynamics.
How about Sterling solar dishes that have to track the sun from dawn to dusk, only really possible with PID routines run on cheap silicon chips. Even PV solar, which are mostly made from silicon. It’s still all about technological development with what ever the current level of technology allows and it’s the same game of guessing where the future might lead and pushing the state-of-the-art to get an edge on the competition.

Paul said on May 5th, 2008 at 5:58 pm

[...] always on-it earth2tech crew has a run-down of 25 entrepreneurs who crossed over from the bubblicious infotech markets to [...]

[...] for risk capital opportunists, and has indeed paid off for some of them quite handsomely. Earth2tech has a list of 25 successful IT entrepreneurs that have now turned to environment related [...]

[...] for risk capital opportunists, and has indeed paid off for some of them quite handsomely. Earth2tech has a list of 25 successful IT entrepreneurs that have now turned to environment related [...]

Jim, IT goes hand in hand with green tech, and if you were right, it would be narrow minded to discard them.

joe said on May 9th, 2008 at 8:21 pm

[...] 25 Who Ditched Infotech for Cleantech « Earth2Tech Stem of voeg toe aan :   Mooie quote uit Livre Tags: duurzaam ondernemen, [...]

they are going to lose their shirts er skirts

bob dobalino said on May 10th, 2008 at 10:46 pm

[...] solar thermal funding from Google.org. In March the news was out that the Goog branch invested in Bill Gross’s solar thermal startup, eSolar. Google is looking to invest hundreds of millions of dollars into [...]

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