"Section 929I is central to our ability to develop a robust examination program that better protects investors," Ms. Schapiro said, referring specifically to several new classes of companies over which the Dodd-Frank bill gave the S.E.C. authority.
StartX, which was founded in the summer of 2009 as a student initiative, has three classes of companies per year, and takes no equity from the companies.
Entire classes of companies can be built on S3 that would not have been possible before due to infrastructure costs for the developer.
For President Obama's solar agenda to gain scale, these two classes of companies need to become successful, gain size and momentum and proliferate like dot-coms during the bubble.
Furthermore, the transferability of patents helps reduce the risk to banks and investors in investing in certain classes of companies because when a business fails, patents are often the only valuable asset that remains.
I honestly believe that entirely new classes of companies can be built on this platform, which takes Flash, HTML and javascript completely outside of the browser and interacts with the file system on a PC.
I wrote more about this at CrunchNotes, but I want to mention it here because this is an incredibly important technology that will allow entirely new classes of companies to be built.
"At times of extinction-level events, when entire classes of companies could disappear, some say, 'Do nothing.' The contrarian bet is to figure out what's going to survive and put 10% of your funds into things on the edge," says Rieschel.
In fact, these are the same two classes of companies that would be able to scale Europe's and Asia's move up the solar proliferation ladder and continue to create onshore green jobs, wherever that shore may be: Spain, Italy, India, China or California.
