article thumbnail

A Quiet Revolution in Clean-Energy Finance

Harvard Business Review

Their behavior displays promising parallels to the early days of the biotechnology industry. When biotechnology startups like Genentech began to acquire other startups to retain their edge, pharmaceutical incumbents were forced to enter the acquisition melee to remain competitive. Click on the table below to see at full size.).

Energy 10
article thumbnail

Give Impact Investing Time and Space to Develop

Harvard Business Review

This is a nascent sector where entrepreneurs and investors are still figuring out business models, developing new financial products, and proving exit strategies and exit multiples, and only a handful of players are using agreed-upon metrics for assessing social impact. sanitation, housing, mobile banking).