- There’s a secret formula that drives that world: people X stuff/person X resources/unit of stuff. The resources are arbitrary — water, hydrocarbons, phosphorous, neodymium… This ends badly without radical and sustainable increases in resource availability, which are the focus of my career.
- Most business propositions can be reduced to a few key numbers. Whether you’re making tough decisions as CEO or determining fit as an investor, it helps to work out the secret formula.
- Many start-up CEOs, and particularly first-time ones, struggle to adapt to the theater of fundraising. Having sat on both sides of the table, I want to shine light on the secret formula that early-stage investors seek.
I'm a managing partner at MNL Partners, where we develop energy and environmental projects in global markets, with a focus on China. I also serve on the boards of five audacious tech start-up companies. Finally, I'm co-founder and chairman of the investment committee at PRIME Coalition, a pioneering 501c3 nonprofit that's bringing philanthropic capital to energy innovation. In past lives I made venture capital investments at Venrock, co-founded and led Lux Research, and forecasted technology futures at Forrester.
I really do live and breathe this stuff.
I'm also chromosomally incapable of keeping quiet. This blog hosts opinions (mine alone) on energy, venture capital, human behavior, start-ups, societal collapse, hope for the future, and everything in between: hopefully useful, usually numerate, and occasionally long-winded.
- Join us. primecoalition.org 6/6 2 weeks ago
- ...why would you put a dollar to work once via a traditional grant, instead of >1x through impact investment? This is what PRIME does. 5/6 2 weeks ago
- If a foundation cares about climate change and thinks tech innovation is an under-pulled lever to inflect the arc of consumption... 4/6 2 weeks ago
- Now we're putting together a first-of-a-kind impact fund of philanthropic capital to do more of these investments with more flexibility. 3/6 2 weeks ago
- PRIME has backed 5 breakthrough energy tech companies since July 2016 (one not announced). We're doing an investment ~ every 3 months. 2/6 2 weeks ago
Sites I devour
“Cleantech”I'm not a fan of the term -- IMHO it's a vague catch-all that doesn't accurately reflect anybody's interest -- but it's what the world has decided to use. If you'd like, when you see it, mentally find-and-replace with "energy, environmental, and resource technologies" instead.