Word: heesen
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...HEESEN: You can't find a venture-capital community like the one we have in America anywhere in the world, except for, some people would argue, Israel. It's important to look at basically how American this industry is. You cannot duplicate this. Other countries have tried. That said, a number of European pension funds have just gained the right to invest in these kinds of funds, and there is great interest in Scandinavia, Australia and Singapore...
...HEESEN: By contrast, in the U.S. public and private pension funds make up about 43% of our investors...
...HEESEN: It has tripled in the last year...
...HEESEN: Talk about wasting energy. More energy is lost in buildings than anything else--cars, you name it. "Smart buildings"energy-efficient buildingsis a hot area...
...HEESEN: We think there may be a psychological boost by the Google IPO, but by and large we have seen a pretty conservative market thus...