Showing posts with label Entrepreneurship. Show all posts
Showing posts with label Entrepreneurship. Show all posts

Wednesday, May 5, 2021

outside the box

We commonly hear, it can't be done, it won't be done, and all types of fear uncertainty and doubt, when looking at CDR and 100% REs.

When I was a child there was one way to make pasta. Boil water on a stove, and anything less than al dente was sacrilegious. Today I know that if I use different pasta, (but still calorically the same) angel hair instead of penne, add boiling water from an electric kettle, then microwave it, it's done in less than 5 minutes and al dente. If I'm plugged into an electric grid, it's entirely fossil free. (Yes, induction and radiant work too, but do take some time to boil.) So, it's not the traditional pasta unless you wanted angel hair, but it's less energy intensive, even though it's now has two heat process steps.

This is the kind of thinking we'll be doing to find ways to engineer more ways to reduce the energy demands of our lifestyle and our carbon removal efforts. Couple this with the falling price in Solar PV, and batteries, and we hopefully will meet before reaching 1.5ÂșC & using up the remaining carbon budget.

This is the exciting frontier of re-imaging and engineering to lower energy costs. And I haven't even touched on the cool stuff that's incubated from Activate & Cyclotron Road.

And remember, just because the fo**il fu*l industrial complex can pull oil from Alaska and refine it in the lower 48 then ship it to a Walmart or gas pump in Florida, doesn't mean that process needs to continue if EVs take over transportation.

The cost of that entire process I just described was offset by fossil fuel subsidies, shareholders, corporation value, existing supply chains, etc ... 

How much ceases to exist or gets replaced by REs and CDR? How much more efficient would it be to just use Solar PV deployed within 50 mi radius of the vehicle that uses electricity instead of oil? How many more new jobs when PV is installed, and the grid transmission upgraded, and the machinists and heavy industry workers are hired to maintain the grid, and new CDR technology? What happens when this is deployed in a city's existing industrial area? But it's totally electric and the new biz owners are fully 3x bottom line so they operate a zero emissions site?

Just imagine!

Thursday, August 4, 2016

Commentary on MIT Energy Initiative Study


MIT Energy Initiative released a highly detailed study on the state of venture funding for Cleantech.
Striking was the dismal rates of returns:
  • Companies developing new materials/process/chemicals - returned 1/6th the investment capital
  • Hardware Integration - $.05 per dollar invested
  • Cleantech Software Companies on average returned 3.5x
  • Deployment Finance Companies - returned 1/4 of investment capital

Venture funding readies a startup to ship more product during the funding cycle (for an average software startup approximately 18 months). If it’s not ready to ship in that time frame, venture funding isn’t likely a good fit. Venture capital needs to have an liquidation event before the fund matures, some number under 10 years. For solving engineering challenges in under 10 years, however difficult, it's realizable, for solving scientific challenges however that may be a moonshot. Using a Lean Startup method for productizing some or all of the technology as well as be extra innovative with the business model (Keurig/Apple/Intel/Tesla/SpaceX) can help Entrepreneurs reach profitability faster.

It’s conclusions of creating more funding opportunities via SBIR/STTR/ARPA-e/National Labs, and restructuring for long term funding vehicles beyond the 10 year cap on venture capital investment vehicles outside of venture funding should help Cleantech blossom.

Indeed, these are huge challenges to be solved, which may take longer than 10 years to realize. Given the vastness of climate change, and the time we have to implement a working solution, we need all roads to all carbon neutral and carbon negative products and technologies. The world would definitely be a better place when energy is completely clean and quite possibly free.

Tuesday, April 5, 2016

Demystifying fundraising - a brief post with resources

No woman or man for that matter should ever feel they are at the whim of a VC because they don't understand the language of venture funding. Thank you Internet!
This is a quick starter in fund raising and getting started. (updated 2021)

Venture Funding

Venture Deals: How to be smarter than your lawyer and venture capitalist - it covers the nuts and bolts of the mechanics of funding: term sheet terms, capable forecasts, and negotiation.

A now free class: Venture Deals, Venture Deals (updated link 2020)
By Brad Feld and Jason Mendelson
I took this class when it wasn't free. This is The class to learn about funding. It's a thorough look at the entire process of funding raising for an entrepreneur and gives insight about the VCs perspective to enable the entrepreneur to best find the best matching VC/fund, which deal structure and cover all stages of fund raising.

Open Startup Legal Docs

Use your own common sense, consult an expert regarding the context in how you plan to use, or which one or parts of one would best fit your needs.
There's a whole host of docs online from all the majors, Wilson Sonsini Goodrich & RosatiOrrick, Cooley
http://startuplawyer.com/venture-capital/y-combinator-open-sources-funding-documentsventure-lawyers-leave-office-early
https://news.ycombinator.com/item?id=4122412
http://www.openlawlab.com/2014/08/05/githubbing-law/

YC Startup School

Most of the resources/topics/tips/techniques below are superseded by the lectures for the YC (Summer) Startup School. http://www.startupschool.org/. I do keep a listing of the underlying resources as they are still referenced by entrepreneurs in the SUS curriculum. And visit the library: https://www.ycombinator.com/library

Stanford CS 183b

This is based on the Stanford Computer Science class on Entrepreneurship. It's a video lecture format by notable Entrepreneurs and Stanford Alumi based on the class taught by Peter Thiel and later transcribed by Blake Masters.

How to Start a Startup

 https://blakemasters.tumblr.com/peter-thiels-cs183-startup 

Other additional lectures are archived at Sam Altman's site: http://startupclass.samaltman.com

Specifically about starting a startup product conducting the search for a viable product with an initial MVP -Technology Entrepreneurship

Beside the resources mentioned above, here's other blogs and resources by industry notables with great advice, who I felt honestly are looking for the best of breed entrepreneur no mater what form-factor you're in.

Resources

Jessica Livingston https://foundersatwork.posthaven.com/, http://www.startupschool.org/
Paul Graham YC co-founder
Fred Wilson  Union Square Ventures
Andreessen Horowitz
Steve Blank
Eric Ries, http://www.startuplessonslearned.com/, http://theleanstartup.com/
Arlan Hamilton https://www.itsaboutdamntime.com/
Stanford eCorner: https://ecorner.stanford.edu
YC Startup School Library: https://www.ycombinator.com/library