(Update 4/30/11)
Thank you all for voting but I encourage more of you to participate in the discussion in the comments section! Share your thoughts or great ideas!
Bloom Energy has raised over $500 million dollars in capital, as well as an untold amount in California subsidies. They have recently expanded their workforce by 1,000 employees and manufacturing space by over 200,000 square feet. So it looks like they’re doing good right?
Well, maybe not exactly. Not yet anyway. They don’t have that many customers. Sure, big names like Google and eBay. However, they likely do not have enough customers to foot the bills. To employ an extra 1,000 workers requires a lot of capital. Capital that they may still have a lot of, but once this dries up on operating expenses, where do you think they’re going to get it from?
An initial public offering. The Bloom Energy IPO we have all been waiting for. The IPO would allow for a huge influx of capital allowing Bloom to further expand and likely, from the publicity garnered from the announcement, many new customers.
What do you think? Do you have an opinion? Why don’t you take 30 seconds to participate in the poll below and leave a comment with your thoughts.
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