CleanTechies #147 Scaling "Equity-Light" Climate Tech: Marketplace Solutions, Equity-Light vs. Software, and Electrification of Transportation w/ Russell Sprole (Virta Ventures)
In this episode, we chat with Russell Sprole, founder and managing partner of Virta Ventures. Virta Ventures invests at the early stages focusing on “equity-light” companies.
We dive into the nuances of marketplace models, the potential of AI in climate tech, his journey with Full Harvest, and more.
This is a great episode for software enthusiasts interested in its place in the climate tech ecosystem.
As always, thanks so much for listening and enjoy the episode!
https://linktr.ee/cleantechies
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Topics
- 4:00 Starting Virta Ventures
- 10:22 Equity Light Solutions
- 13:50 Software Solutions in Antiquated Industries
- 17:07 Common Equity Light Business Models
- 22:55 Investing in Tiba
- 28:33 Investing in Crowded vs. Nascent Markets
- 34:41 Lessons from Full Harvest
- 47:46 Investing in Hydrogen Marketplaces
- 1:01:52 The Impact of AI on Climate Tech
- 1:06:54 Effective Practices of Portfolio Companies
- 1:08:33 Opportunities in the Electrification of Transportation
- 1:11:12 Fundraising Advice for Climate Tech Founders
Links
- Russell Sprole | Virta Ventures
- Connect with Somil | Connect with Silas
- Check out our sponsor, NextWave Partners, for all your Climate, Renewables, and Sustainability recruitment needs.
- This podcast is NOT investment advice. Do
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