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How VCs think about deploying reserves & follow-on funding + Quaise CEO Carlos Araque | E1546
This Week in Startups
Oil and Gas Drilling Leas
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"We're 80 % of the way there. Let's startcause wee pretty much bend over backwards for oil and gas ran now," he says. Developing the acid will give you a return on energy investment of ten thousand, two thousand to ten thousand tones,. But what i mean by that is that you spend a x energy to do the drilling, you're going to recover two thousand times that over the life of that acid."
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