Hanson: Climate tech moats require fundamental science, not just rapid capital
Rob Hanson · Inside the Energy Department's loan deal to back hydrogen · Jan 10, 2022 · at 35:26
Rob Hanson, CEO of Monolith, discusses why deep-tech and climate startups cannot be accelerated merely by pouring early venture capital into them.
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“Like if you can build a company just by pouring, you know, capital on it in one or two years, I mean, you don't have a real moat. Maybe there's, you know, network effects and different things in software, but in climate tech, I mean, your moat comes from fundamental technical capacity and, you know, knowing secrets about nature that others don't. And that just takes time and it takes a lot of smart people. And yes, it takes capital, but I think that time and smart people are probably the biggest two components to that.”
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