first-of-a-kind projects

also referred to as: first of a kind project · first of a kind projects

4 statements across 1 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Jun 4, 2025 by Mario Fernandez · across every show →

Everything said about first-of-a-kind projects, oldest first

Jun 4, 2025
Insight
Fernandez: Hardware de-risking requires stepping from pilot to 5-20x demo to FOAK
“The way we propose to do this is, you know, that company has to follow a path towards that de-risking, and that path in our, ah, experience is you go from a pilot to a five to 20 x demonstration project, and then you go to another 10, 10, 20 times, ah, first o…”
Mario Fernandez Jun 4, 2025 ▶ 9:47 FOAK tales
Jun 4, 2025 neutral
Insight
Fernandez: FOAK project investors require six-plus months of demo runtime
“At the end of the day, the investors that come in at the Series C, Series D, you know, most of the time funding or partially funding first of a kind projects, they really want to see six months or more, or performance.”
Mario Fernandez Jun 4, 2025 ▶ 13:17 FOAK tales
Jun 4, 2025 bearish
Insight
Kann: First-of-a-kind infrastructure projects lack external construction financing solutions
“If you're building a first-of-a-kind thing, there's also not really, we've been talking about, like, financing the long-term operation. There's also not really a construction financing solution, so you end up having to do that on balance sheet, and that's a lo…”
Shayle Kann Jun 4, 2025 ▶ 32:44 FOAK tales
Jun 4, 2025 positive
Insight
Kann: Startups must develop FOAK projects before demo plants finish operating
“You need to be developing your first of a kind project well before your demo is operating. And certainly before your demo has six months of operational data, because you don't have time basically to wait around an ideal world.”
Shayle Kann Jun 4, 2025 ▶ 18:59 FOAK tales
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