“The decisions we make this decade… are the most important in human history”
David Attenborough to the G7. June, 2021
“Every day you fight, like you’re running out of time
Like you’re running out of time
Are you running out of time?”
Burr to Hamilton in Non-Stop
Tick. Tock. Tick. Tock. 5,501 days. 132,009 hours. 7,920,572 minutes. That’s how long has transpired since Al Gore release An Inconvenient Truth and tried to rally action against climate change. That’s 15 years or over a decade and a half. A lot could have been accomplished in that time.
And because we…
Yes, SPACs have gone from a fringe to a market driver… 248 SPACs in 2020 alone, 200 in the beginning of 2021!
And yes, there are questions on whether this mad rush of cash into SPACs signals a peak of a bubble. SeekingAlpha tears down some of the negatives.
But under this SPAC-mania there is an underlying theme which could become very interesting for those companies building the technologies that could help save the planet.
According to Cleantech Group, “In 2020, we counted 30 transactions where a cleantech-relevant target was announced, 15 of whom went on to complete the transaction…
Today we unveil 2150, a €200 million venture capital fund that seeks to back the technologies that will make our urban environment more efficient, resilient and sustainable.
“2150”, our name, represents both our ambition and our legacy. Our ambition is to back technologies that ensure that our cities become a benefit to our planet, not a burden. And the world in 2150 is the one we actually want to live in. …
If you were given the opportunity to back founders that wanted to change the world — and I mean truly change the world, for the better — would that not be the most amazing job? To dream that the technologies you support can define a certain future outcome? To see it play out, not in a future generation’s time, but in our own lifetime… Now, that, would be an amazing thing to be able to do every single day. Lucky me…
Today we’re unveiling 2150 a new €200m fund seeking to make the world of 2150 a reality. Our ambition…
In 22 minutes I will turn 45… my youngest son has claimed that 44 is when you are officially “old”… so I guess I am now old…or at least halfway through my life (I hope!).
But I have a 79 year old father who reads a book a week, walks 10,000 steps a day (even during lockdown inside an apartment)and still has a twinkle in his eye. So there is inspiration…
So as I turn 45, I am for once serene (and those of you that know me know that is a dichotomy). Two years ago I said I was…
It was only seven years ago that Aileen Lee publicly coined the term “Unicorn” to describe companies with a valuation of over $1B and ‘found 39 companies [belonging] to… the “Unicorn Club”’. By mid-2020 CBInsights counts 479 companies who can claim that status. Mythical creatures have promulgated in less than a decade!
A few days ago, I tongue-in-cheekly tweeted that we should start hunting for Gigacorns along with Unicorns. Namely a company whose technology can impact global CO2 emissions by 1 gigaton of CO2 per year while being commercially viable.
Would a single company ever achieve that scale? Some…
A very successful real estate investor recently mentioned that they proudly build “one-hundred year assets”… I raised my eyebrow (knowing very little about real estate to be honest) and quipped “In that case I could almost guarantee those assets are mis-priced as many of them won’t be around in 100 years!”
We, humanity, have conglomerated around the urban environment:
As The Guardian’s review of the book puts it, the book is scary “enough to induce a panic attack…” It elegantly outlines science and data to shake the reader a bit, to help highlight “ a tendency, even among those of us who think we are already sufficiently terrified of the future, [are] strangely complacent about the figures.”
Early in the book Wallace-Wells casually makes an observation that stuck with me:
“In fact more than half of…
To track your progress (and raise your round)
If you are building (and fundraising) for a company with deeper technology, it is likely that you will not have the “traditional” metrics by which investors would evaluate a more traditional startup at the various investment stages.
By traditional metrics, I am referring to things like revenue, GMV, MRR, churn, AVC, etc. …
As the 2019 started out, and with a personal desire to continue satisfying my natural curiosity, I posted on social media inviting others to provide their ideas for “brain-food books.” We got over 80 submissions, and as promised, the results are below:
Interestingly, the vast majority of the suggestions were non-fiction:
Partner at @2150-vc backing technologies that make our world more resilient and sustainable. Salvadoran-born Londoner. YGL of the @wef Father ^3