The entire application for the PVA material that we try to replace has a commercial value of $25 billion as of today, which is massive. Currently, we have trialed with beer waste and have done a success with it. We have also been trialed with other cellulose and lignin type of waste. In the future, we are going to trialed with plastic waste because we know there's a huge problem with plastic waste. The t-shirt I'm wearing right now is made from our own milk waste fiber.
First up, J+M chop it up about venture debt on this edition of VC Sunday School. What are the dangers? And when should your startup take it on? (2:12) Then, Molly has a conversation with Mi Terro founder Robert Luo about how they are targeting the world’s microplastic problem. (19:33)
(0:00) J+M tee-up topics for Sunday
(2:12) Jason warns founders of the dangers of taking on venture debt
(9:23) Harmonic - Get $4000 off at https://harmonic.ai/twist
(10:42) Jason addresses when venture debt can and cannot work + PAG’s new venture wealth fund
(18:05) MicroAcquire - Sell your business with no fees at https://try.microacquire.com/twist
(19:33) Robert Luo joins Molly to explain how Mi Terro is solving the world’s microplastic problem
(28:50) Revelo - Get 20% off the first 3 months by mentioning TWIST at https://revelo.io/twist
(30:17) Robert talks about competition, his background as an entrepreneur and the future of Mi Terro
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