For those not familiar with this award (formerly known as the Presidential Citation), the Great Dome Award is the highest honor the MIT Alumni Association bestows upon any of its organizations, given to groups in recognition of distinguished service to the Institute or the Association.
This year, MITCNC Energy & Environment Team has been recognized for “the Club’s impressive level of success on its mission Continue reading
Recently, MITCNC hosted a forum entitled Multiple Ways to Fund Your Clean Energy Startup. Numerous experts provided CleanTech entrepreneurs with new ideas to fund their companies. Some of the alternative funding sources included: angels, private equity, corporate venture funds, federal or state grants, international venture investors, and prizes.
We’re pleased to invite Dan Ahn, Partner of Envision Ventures and a panel speaker, to share additional thoughts on the panel discussion, as well as the partnership he seeks and builds with his portfolio companies.
Anna: Welcome, Dan! Why did many CleanTech startups fail over the past years?
Dan: Good question. Let me start with a “historical” perspective: “CleanTech,” from an institutional investor perspective, has been a dirty word. Continue reading
The Tesla automobile is a big example of the Internet of Things and potential problems and benefits of this idea.
IOT properties of the Tesla
1) The Tesla has a persistent 3G cell connection to the internet that is paid for gratis by Tesla. This makes it one of the “Internet of Things” It also has Wifi, bluetooth and garage door opener built in. 2) The car has an API! Tesla API 3) The car can provide Geolocation information 4) The car has attitude (angle) and various other sensors for acceleration 5) The car has a camera (in the back) 6) The car could be lethal to both passengers and others if it were hacked inappropriately 7) Tesla has reportedly formed an early warning threat detection and reward system to reward hackers who discover vulnerabilities in the cars security 8) The car can detect the presence of a key fob within a small distance of the vehicles perimeter 9) Virtually all aspects of the cars functionality are digitized and theoretically available for inspection and utilization including energy use, positions of wheels, brakes and emergency brake, climate system, seat positions, mirrors, door handles … 10) The car has an “App framework” that allows developers to build apps to run in the car. Continue reading
Presented by Marc Tarpenning, co-Founder of Tesla Motors
Today, Tesla Motors is $30 billion in market cap. Do you know the road its founders took to get here? Perhaps the most asked question is: why did Tesla entered the electric car market just as GM was pulling the plug on their EV1?