All those factors argue for funding at least some types of green tech startups with patient capital, not venture firms looking to exit within a few years.
Ms. Nazarian is one of the primary shareholders of Nazarian Enterprises, a venturecapital group with investments in green energy, and SBE, an entertainment group that owns several luxury hotels, restaurants and nightclubs.
Financial support from the U.S. government seems more critical than before now that many venturecapital firms are shying away from investing in green tech.
Matthew Nordan at the venturecapital firm Venrock recently posted a good analysis of the reasons why many investors said goodbye to green tech investing and the impact of their shifted views.