Internet Visionaries Betting On Green Technology Boom

Bill Gates, John Doerr and Steve Case believed in the Internet long before Wall Street did. Now, they’re betting on the next great “disruptive” technology: alternative fuels and other environmentally friendly products, but this time other investors aren’t far behind.

Last year, AOL LLC founder Case launched Revolution LLC, which has invested in companies such as car-sharing service Flexcar that promote sustainable lifestyles. In November, Microsoft Inc. founder Gates committed $84 million to a California company to finance the construction of five ethanol bio-refineries. And last month, Doerr, the venture capitalist who invested early in Google Inc. and Amazon.com Inc., set up a $100 million fund to invest in “green technology.”

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