The average American has a carbon footprint of about 16 metric tons per year. For every carrot of diamond that we sell, our environmental commitment is to remove 20 tons from the atmosphere. The spot price in the market today for a ton of CO2s tripled in the last year.
For today’s VC Sunday school, Molly asks Jason about valuation- valuing startups (1:44). Then for This Week in Climate Startups, Molly sits down with Ryan Shearman, CEO of Aether, to talk about how Aether makes diamonds using carbon extracted from the atmosphere (37:22).
(0:00) Cold Open
(1:44) VCSS: Valuation- reconsidering valuation, estimating valuation as a function of multiples
(13:16) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(14:33) Why are some companies so secretive about their valuation?
(23:17) BetterHelp - Get 10% off your first month at https://betterhelp.com/twist
(24:31) Bridges, seed extensions, pre-series A
(30:38) Microsoft for Startups Hub - Apply in 5 minutes, no funding required, sign up at http://aka.ms/thisweekinstartups
(31:54) Toss to This Week in Climate Startups
(37:22) TWiCS: Ryan Shearman, CEO of Aether (making diamonds from atmospheric carbon)