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Understanding Corporate VC + turning methane into bitcoin w/ Nodal's Daniel Sechrest | E1611
This Week in Startups
Corporate Venture
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I think sometimes an executive team needs to see something exist in the world to help the core business. But they want to use entrepreneurs to make it happen quicker and they'll use their balance sheet to do that. Google, though, additionally wanted to see renewable energy because they wanted to get to zero carbon emissions for their data centers. They invested in a large number of solar farms or residential solar. It was kind of investing in partners to go build this capacity. And you probably want to see... The person who did the deal is not going to be there for the whole lifespan of your company.
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