We are capable of producing 10 tons annually. So it's quite a pretty big for a tiny... So not bench scale. We call it pilot production line that can produce the 10 tons of residents every single year. And you have customers, you have paying customers who are buying this resin and using it already? Yes, we do. We have customers in the US, in EU and in Japan. Incredible. You raised a million and a half at a $10 million valuation. That's it? It's amazing.
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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