Scott Nolan, partner at Founders Fund and CEO of General Matter, compares United States and Chinese energy generation capacity.
Insight
Nolan: Steep Venture Up-Rounds Are Often Underpriced Due to Anchoring
“If you've got a company that was like growing steadily, but then there's a big up round, it's probably the case that that up round is not even enough up. That if it's like a two X up round, maybe it should be a four X up.”
Assertion Not checkable as stated
Nolan: Advanced Nuclear Startups Cite Russian Fuel as Primary Bottleneck
“And then all of them said the exact same thing. We want, you know, we're going to make nuclear affordable. We're going to make it scalable. We're going to take this from huge construction projects to factory built. And yet the one thing that's the hardest is n…”
Insight
Nolan: Co-locating Engineering and Initial Manufacturing Is Mandatory
“I think you need to, at a minimum, put your first of a kind manufacturing co-located with engineering and then better yet small scale manufacturing, mid scale manufacturing, maybe a large scale. You can push it somewhere else and go to a lower cost center as o…”
Prediction Not checkable as stated
Nolan: Data Centers Could Consume the Entire US Electrical Grid by 2030
“And you look at some of these curves and it looks like data centers can consume if they were allowed to the entire grid by 20, 30 at this growth rate.”
Prediction Open · timeframe Apr 2036
Nolan: SMRs will find their niche powering data centers behind the meter
“And so if gigawatt scale is for the grid and megawatt scale is for remote communities or, you know, government installations, then the middle scale, I think is going to find its niche behind the meter with data centers over the next five to 10 years.”
Insight
Nolan: Building In-House Construction Teams Beats Hiring General Contractors
“Don't hire a GC and outsource everything. You lose total control. The schedule could be, it's not in your hands anymore. You need to build your own in-house engineer, procure, construct, EPC firm as a team to go run your construction projects because it's one …”