Timing is everything. Bloom Energy, the developer and seller of solid fuel cell systems using natural gas, has been a long anticipated public offering. Backed with $1.7 billion of VC funding, Bloom Energy (BE) produces an innovative product that has been adopted by large blue chip commercial and industrial customers due to its superior efficiency and low cost compared to electricity off the grid.
However, Bloom has lost $2.3 billion since inception in 2001, more than...
