Assertion certainty 4/5 debate potential 1/5

Kerst: Gecko Materials is currently 10x the price of Command Strips by area

Capella Kerst · Stanford Engineer: Gecko-Inspired Space Velcro · Aug 21, 2024 · at 8:09

Capella Kerst, founder of Gecko Materials, pitches dry-adhesive biomimicry technology on The Pitch and discusses unit economics relative to consumer adhesives.

0:00 / 0:06exact quote · 6.4s
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“Well, actually right now it is only 10 times more expensive than command strips if you're doing area per string.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Capella Kerst

Disclosure
Kerst: Gecko Materials raised an $8M seed round at a $26M valuation
“A pre-money evaluation of twenty six million for an eight million dollar round is what we landed at.”
Capella Kerst Dec 12, 2024 ▶ 8:39 Season 12 Finale: What Happened After The Pitch?
Assertion Partly supported
Kerst: Gecko Materials cut adhesive production time from 48 hours to 15 minutes
“It would take over 48 hours to make one unit. Because of the invention and my patent, we can make it in under 15 minutes.”
Capella Kerst Aug 21, 2024 ▶ 5:24 Stanford Engineer: Gecko-Inspired Space Velcro
Assertion Partly supported
Kerst: Gecko Materials deploys on the ISS and lands major enterprise clients
“We're currently on the International Space Station. Honda, Ford, Toyota, GE, Intel, Hyundai are just to name a few of our seven of our customers here on Earth.”
Capella Kerst Dec 12, 2024 ▶ 4:20 Season 12 Finale: What Happened After The Pitch?
Assertion Not checkable as stated
Kerst: Gecko Materials counts Honda, Ford, Toyota, GE, Intel, and Hyundai as customers
“Honda, Ford, Toyota, GE, Intel, Hyundai are just to name a few of our seven of our customers here on Earth.”
Capella Kerst Aug 21, 2024 ▶ 2:29 Stanford Engineer: Gecko-Inspired Space Velcro
Assertion Partly supported
Kerst: Gecko Materials is on the ISS and under paid Space Force contract
“We've completed two Air Force and Space Force contracts, and we are on the International Space Station, and we're actually in now a standalone, it's not a grant, it's actually a contract in which they're paying with the Space Force right now.”
Capella Kerst Aug 21, 2024 ▶ 5:57 Stanford Engineer: Gecko-Inspired Space Velcro
Prediction Not checkable as stated
Kerst: Gecko Materials will reach 88% profit margins within two years
“In the next two years, we'll be at 88% profit margins.”
Capella Kerst Aug 21, 2024 ▶ 6:47 Stanford Engineer: Gecko-Inspired Space Velcro
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