392. Cutting the 1st and Largest Check into OpenAI; Assessing Generative AI Moats, Monopolies, and Market Opportunities; and Why Now is the Right Time for ClimateTech (Samir Kaul)
The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified
00:00
How to Fail Quickly and Cheaply
The most successful product I ever developed was sort of a parallel spectrophotometer that could analyze compounds in drinking water at nano scale. That was like a three year development cycle. It was funded by a corporation through every phase. But at one point, the entire chemistry team had to be replaced. If this was venture funded, this would have gone to zero.
Transcript
Play full episode
