Overheard an interesting conversation...
posted on
May 01, 2016 11:21AM
While shuttling to Grand Central, 2 venture capitalists coming to the big Apple on biz caught my ear. They were the only two talking. One, was looking for investors in the oil industry. (Taking chances on potential oil rich properties)
The other, from Silicon Valley, was raising money to build...wait for it...data centres.
Oil guy was curious and peppering questions like "who has the biggest data centres" (Amazon, to my surprise. Did you know their shopping/shipping business is a money loser and that their real dough is in data centres? I didn't)
The other questions surrounded the challenges of investment. We already know what they are, and we know what the solution is. I just wished I had the time to corner him quickly to ask if he had heard about POET.