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	Mission Statement Modules · Home · Forum · LATEST COMMENTS · Special Sections · SUPPORT ZPEnergy · Advertising · AvantGo · Books · Downloads · Events · Feedback · Link to us · Private Messages · Search · Stories Archive · Submit News · Surveys · Top 10 · Topics · Web Links · Your Account Who's Online There are currently, 310 guest(s) and 0 member(s) that are online. You are Anonymous user. You can register for free by clicking here Events Hot Links Aetherometry American Antigravity Closeminded Science EarthTech ECW E-Cat World Innoplaza Integrity Research Institute New Energy Movement New Energy Times Panacea-BOCAF RexResearch Science Hobbyist T. Bearden Mirror Site USPTO Want to Know Other Info-Sources NE News Sites AER_Network E-Cat World NexusNewsfeed ZPE NE Discussion Groups Energetic Forum EMediaPress Energy Science Forum Free_Energy FB Group The KeelyNet Blog OverUnity Research Sarfatti_Physics Tesla Science Foundation (FB) Vortex (old Interact) Magazine Sites Electrifying Times (FB) ExtraOrdinary Technology IE Magazine New Energy Times Interesting Links		The comments are owned by the poster. We aren't responsible for their content. No Comments Allowed for Anonymous, please register Re: MPI and Venture Capital (Score: 1) by Overtone on Thursday, August 03, 2006 @ 22:24:26 UTC (User Info | Send a Message) http://www.magneticpowerinc.com I was the founder and CEO of an economic consulting firm before becoming involved in the full-time work of finding an alternative to fossil and uranium fuels in 1973. One of our clients was a part of the Commerce Department, which asked us to help seek a way to end a severe shortage of venture capital in the U.S. back then. We discovered venture capitalists were not very venturesome. Solar cells are a perfect example. It is only in the last three years that substantial venture capital has gone into firms in that business. Yet, photovoltaic cells were invented decades earlier. Many a solar company went bankrupt due to the inability to find venture capital. No venture money, nada, has yet gone into cutting edge new science, such as cold fusion or vacuum energy conversion. However, cold fusion has been reproduced in dozens of labs including SRI International supported by the Department of Defense. The U.S. Navy has acknowledged they have successfully done cold fusion for a dozen years. As for funding new science in the non-profit sector, that has not happened either. Aesop Institute used to get donations of $5,000 from the investment manager for the late Charlie Schultz, the cartoonist who drew Peanuts. Once we had a commercial affiliate, the first check was for $50,000 and another for the same amount arrived the following year. Ironically, we are finally talking with a couple of venture firms. Note that this conversation began more than 20 years after we started MPI. It remains to be seen if they offer term sheets that are fair and equitable. That is not usually characteristic of venture capital. We hope we have found a couple of exceptions. | Parent MPI and Venture Capital by aleatha on Friday, August 04, 2006 @ 14:25:18 UTC

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