Rob Day has come up with a great way to evaluate the question I posed earlier this week about the risk-reward scenario for large “venture capital” investments to fund growth in solar companies: create a market!
You libertarians will love this: Rob has worked with Intrade, a marketplace for binary futures contracts, to start buying and selling options on the potential for IPOs of four major solar companies in 2009.
We’ll need some real depth in the marketplace before we can accurately predict the likelihood of any one of these IPOs. You can’t have wisdom without a crowd, so check it out.
I can appreciate the whole solar thing a lot better since I moved to Los Angeles.