Talk on Biofuels Winners, Billion Dollar Companies at Algae Biomass Summit

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Algae-based biofuels are the topic du jour. And why not—the prospect of using pond scum to power 21st-century transportation and replace crude oil is pretty appealing. So one of the highlights from the Algae Biomass Summit in Seattle yesterday, besides the keynote by venture capitalist Vinod Khosla, was a panel of prominent VCs discussing the ins and outs of the fledgling biofuels business. Bob Nelsen, a co-founder and managing director at Seattle-based Arch Venture Partners, was joined by Jim Long, a venture partner at Redwood Shores, CA-based Gabriel Venture Partners, and moderator Josh Green, a general partner at Mohr Davidow Ventures in Menlo Park, CA.

Interesting analysis on the summit here

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