Mr. McGuire: I want to say one word to you. Just one word.
Benjamin: Yes, sir.
Mr. McGuire: Are you listening?
Benjamin: Yes, I am.
Mr. McGuire: Plastics.
— The Graduate (1967)
Nuclear. It’s the latest energy-related venture category. I have heard it said a number of times in recent months, but the point was driven home by Peter Wagner of Accel in comments this week at the IBF venture capital conference in San Francisco. He literally asked for n-word deal flow.
It actually has possibilities, especially if you think carefully about where you want to be in the fuel/production/delivery chain. Meanwhile, if nothing else, Wagner will soon be best friends with local Palo Alto Homeland Security officials.
[via Joshua @ VC Ratings]