billionaire media tycoon and mayor of san francisco. vp @foundersfund. ringleader @hereticon. editor-in-chief @piratewires 
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If you’re wondering why the government doesn’t take more risk the way that the private sector does, observe them getting pilloried for failed experiments the private sector writes off all the time (which ideally get more than balanced out by successful experiments).https://twitter.com/NatBullard/status/1433241824798380035 …
i think there's some truth to this, but solyndra didn't happen in a vacuum. it was one of an entire portfolio of green failures with no winner.
I think @NatBullard’s point is that a lot of non-traditional players still won, Chinese companies, players with maybe more RE, siting capacity than conventional VC, and we’re actually living in a world now where renewables are competitive and make economic sense
I would say that since Solyndra went bust, more than 700 gigawatts of solar has been built, with more than $1.4 trillion invested, so it must be working for someone.
And the narrowly-defined realm of the loan guarantee program has seen a total of $1 billion in losses on $35.7 billion of loans and guarantees, which is...not bad considering it is meant to back risk https://www.energy.gov/lpo/portfolio pic.twitter.com/5FqzXn9aHY
Fairly certain this portfolio included Tesla, which should count as returning the fund
"But roughly six years on, there are more signs that the program is working. In California, Tesla Motors has flourished, paying back a $465 million loan nearly 10 years early."https://www.mercurynews.com/2014/12/29/loan-program-that-funded-solyndra-finds-success-in-tesla-and-many-others/ …
The DOE Loan program actually MADE $$$ for the U.S. Treasury. https://www.govinfo.gov/content/pkg/CHRG-115hhrg24668/html/CHRG-115hhrg24668.htm …
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