New Next Big Thing

The smart grid is something you will be hearing a lot about — as it will benefit consumers; help make America more competitive — allow  for a re-purposing of government dollars into infrastructure  and create new growth markets for big companies such as Cisco and GE — see enclosed article — and for new companies — such as Gridpoint.

Even Google will try to get into the act.  This market will be huge — estimated at more than $ 100 billion — The Obama Administration will embrace it as a way to invest and save our infrastructure — be green and get back lost competitive advantage as our power plant system is old and decrepit — and here come the annual summer brown outs, soon to a home near you!

Gridpoint is a local Northern Virginia based company — it was first in class — has early mover advantage  and is very well positioned to be a big player in this nascent field — I am proud to be an early supporter and an investor in this company.  It was founded by a fellow Georgetown University graduate and employs some of the best and the brightest in our community.

Watch this space — it will be an important one.