Max Altman predicts climate tech startups will not produce great VC returns
Max Altman · 20VC: Max Altman on The New Seed War: Can Anyone Compete with Sequoia and a16z | Leaving $2BN on the Table with Reddit | Lessons from Backing Rippling at $25M Post | Why Climate Tech is a Mirage and Disaster · Nov 21, 2025 · at 26:02
Max Altman discusses Apollo Projects' investments in climate tech and why the sector failed to deliver expected venture-scale returns.
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“Yeah, I think we wanted to be somewhat involved with it, and there were a lot of amazing founders building in it, and they're gonna build great things, but they're not gonna get us great VC returns.”
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