Americans love innovation, particularly if they are venture capitalists . Kleiner Perkins Caufield Byers claim to be able to "see around corners" and anticipate the "next big thing". They must risk real-world capital on often untested ideas that fuels innovation.
Solazyme, the algal biofuels company, has been a great success story for its VC investors, which include VantagePoint Capital Partners, Braemer Energy Ventures and Lightspeed Venture Partners. The company received early investment from The Roda Group.