The Future of Diamond Jewelry

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In prior to 2018, lab grown diamond jewelry sales total less than a billion dollars. Now they're at almost six billion dollars as an industry. And 50 to 60% cheaper or 40 to 50% cheaper on average than mine diamonds is also pretty hard to argue with. So how could you buy a mine diamond? If it's already been pulled out of the ground, that's one thing. It's your grandmother's diamond ring. No problem.

For today’s VC Sunday school, Molly asks Jason about valuation- valuing startups (1:44). Then for This Week in Climate Startups, Molly sits down with Ryan Shearman, CEO of Aether, to talk about how Aether makes diamonds using carbon extracted from the atmosphere (37:22).

(0:00) Cold Open
(1:44) VCSS: Valuation- reconsidering valuation, estimating valuation as a function of multiples
(13:16) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(14:33) Why are some companies so secretive about their valuation?
(23:17) BetterHelp - Get 10% off your first month at https://betterhelp.com/twist
(24:31) Bridges, seed extensions, pre-series A
(30:38) Microsoft for Startups Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups
(31:54) Toss to This Week in Climate Startups
(37:22) TWiCS: Ryan Shearman, CEO of Aether (making diamonds from atmospheric carbon)