Steve Newcomb, a co-founder of search startup powerset, is in the early stages of launching a ventur- capital fund that would accept green investments as low as $100, with a maximum investment of $1,000.
"It would be a breakthrough green venture-capital fund for the people, by the people. As excited as I was about powerSet, I'm 10 times more excited about this," Newcomb told Wired.com. "Worldwide, there is the potential to raise a multibillion-dollar fund."
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