How much money is too much? (VC Sunday School) + Climate: Andrew Beebe of Obvious Ventures | E1401

Another Sunday double-header edition! First Jason leads a VC Sunday School session on how to react when companies try and skip steps and raise larger rounds (2:51). Plus, how Pegasus (or Alicorn) companies can end up being much better investments than traditional Unicorns. Then, for This Week in Climate Startups, Molly chats with Andrew Beebe of Obvious Ventures (18:47). You will learn:

1. Andrew's focus within climate tech (electric mobility, carbon and carbon markets)

2. How Andrew's first startup exit set him up to join the solar industry

3. How contrarian bets make careers

4. The key criteria for climate investments to be good venture bets

5. How Obvious Ventures puts its "world positive" mission into practice

6. The way carbon disclosure requirements will reshape industry

7. Why Andrew recommends reading Kim Stanley Robinson's "The Ministry for the Future"

(00:00) Jason and Molly intro today’s show: VC Sunday School, TWiCS with Andrew Beebe
(02:51) VCSS: companies raising big rounds before they’re ready
(11:20) Coda - The All-in-one doc for teams, get a $1,000 credit at https://coda.io/twist
(12:38) Pegasus (alicorn) companies: flying over rounds of funding
(18:47) This Week in Climate Startups w/ Andrew Beebe of Obvious Ventures
(23:02) Wealthfront - Get your first $5,000 managed for free, for life at https://wealthfront.com/TWIST
(24:32) The first clean tech boom in the solar industry
(33:21) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist
(34:44) Obvious and Andrew Beebe’s investment thesis: “World Positive”
(56:54) SaaS Syndicate, Open Scouting, Remote Demo Day, angel.university

Check out Obvious Ventures: https://obvious.com
FOLLOW Andrew: https://twitter.com/andrewbeebe

FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood