news.yahoo.com/s/huffpost/20071201/cm_huffpost/074869 -
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Published on: 12/1/2007
Last Visited: 12/1/2007
Anyone tired of lousy news from the markets should talk to Douglas Lloyd, director of Venture Business Research, a company that tracks trends in venture capitalism."I expect investment activity in this sector to remain buoyant," he said recently.His bouncy mood was inspired by the money gushing into private security and defense companies.He added, "I also see this as a more attractive sector, as many do, than clean energy."
Got that?
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According to Lloyd, despite all the government incentives, the really big money is turning away from clean energy technologies and banking instead on gadgets promising to seal wealthy countries and individuals into high-tech fortresses.
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As Lloyd explains, "The failure rate of security businesses is much lower than clean-tech ones and, as important, the capital investment required to build a successful security business is also much lower."