Foghorn was a company that developed a system for turning seawater into methanol using green energy. Foghorn shut down six years ago when it couldn't convince itself the cost gallon of gas equivalent was going to get below $15. "We have a graveyard, we keep track of them because they do come back several times," he says.
In this episode, recorded during the 2022 Abundance360 summit, Astro Teller answers questions regarding Google’s OKR framework (and how it doesn’t work for Moonshots), financial incentives vs. intellectual honesty, and resource allocation for endless new ideas.
You will learn about:
- 01:58 | Pre-mortem exercise
- 07:30 | OKRs don’t work for Moonshots
- 09:49 | Moonshots vs. equity
- 19:11 | How to allocate capital for each idea
Dr. Astro Teller's expertise lies in intelligent technology as the CEO of Alphabet's X, The Moonshot Factory. X is a company dedicated to bringing extraordinary, audacious ideas to reality through science and technology. He was previously the founding CEO of Cerebellum Capital.
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Resources
Visit X’s website.
Learn more about Abundance360.
Read the Tech Blog.
Learn more about Moonshots & Mindsets.
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This episode is brought to you by:
My executive summit, Abundance360
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