July 31, 2008 3:51PM

Talking Trash… Literally

By Alexis Glick

Here’s a story that I really, really like… and guess what? It’s about trash.

This morning, RecycleBank CEO Ron Gonen joined me to talk about his company. What do they do? They make deals with municipalities to pick up and sort trash and recycle the products you and I use everyday. Their system is revolutionary and has the backing of some of the most famous names and businesses in the world. Who? Coca Cola, Columbia University and the very famous eco-conscious venture capital firm Kleiner, Perkins, Caufield & Byers where Al Gore, the former Vice President, is a partner. Don’t forget it’s also the firm that backed Google and Sun Microsystems. Not a bad track record!

Currently, their business is in 12 states and they recently announced a deal with Allied Waste. They’re part of a a multi-billion dollar industry and their technology is transforming the landfill business. Keep an eye on this company. They are not publicly traded. You can learn more about them on their Web site at recyclebank.com.