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Jonathan Strauss, Climate Draft

Inevitable

00:00

NDVC Terms

NDVC terms are that after, I think, three years from when we raise the money, we will start paying back our investors from 5% of revenue. And that we will buy back their shares at 3x the price they paid for it. So basically, there's still risk on the investor side, but there's a meaningful potential outcome. If we do it over 20 years, that's more like putting your money in a bond.

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