The Wisdom Wall
5 quotable lessons, heuristics and mental models. Every one is playable at the moment it was said. No fortune cookies allowed.
“The, the kind of dirty little secret is that most of those companies have been saving money too, right? So they've all been, you know, heroes for the climate, but they've also been kind of making money out the back door, buying really cheap energy from guys like me.”
“And so electrolyzers, for instance, while they're off, they're very clearly some great tech out there and, and there may be some breakthrough tech out there, it's not required, right? You can take technology that has been around for quite a while and with some incremental changes and With these low costs of input…”
“When you're trying to scale a development business, you oftentimes wind up chasing, like, the small but very profitable project. And the problem with those is even if, you know, you tell yourself, ah, but there's, there's a scalable opportunity here because there are 10, 20, 50 of these things. You go in there and you…”
“there are really, really low barriers to entry in this business and really, really high barriers to actually successful exit.”
“Opportunities then for these charging stations to essentially participate as, you know, wholesale power plants, right? Uh, providing storage services to the grid, that sort of thing.”