By spending years in the flywheel industry, Jim Fiske learned a great deal about grid-scale energy storage and its true requirements. After determining that flywheels were not the best option, he and the investor of his flywheel company founded Gravity Power. Gravity Power’s technology has the potential to change energy storage worldwide.
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gravity power
In the venture capital community, one hears a great deal about “technology risk.” In my most recent meeting with Ray Lane, Managing Partner at Kleiner Perkins a few months ago, he told me: “We want all technology risk removed before we put more than a few million dollars into a deal.”