2min chapter

How I Built This with Guy Raz cover image

Saving the f#$%ing rainforests with Shara Ticku of C16 Biosciences

How I Built This with Guy Raz

CHAPTER

The Future of the Vegetable Oil Industry

I mean, I have to assume that the price per gallon or however it's measured of palm oil is still much cheaper than your oil right now. And so because it's used in so many different markets, they pay different prices. And so we've still got a way to go on cost, but in our first market, we're already gross margin positive. We could run to profitability actually pretty quickly here with not a lot of additional capital. If we want to really try to chase the big market, it will take a lot more capital and time.

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