Entrepreneurial Thought Leaders (ETL)

Josh Wolfe (Lux Capital) - Investing at the Cutting Edge

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Jun 7, 2023
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ADVICE

Find Niche Markets

  • Focus on industries with high barriers to entry and few competitors.
  • This increases your chances of raising capital and succeeding.
INSIGHT

Focus on Probabilities

  • All current information is based on the past, but value creation relies on the future.
  • The future is inherently probabilistic, so focus on probabilities, not certainties.
ANECDOTE

Curion and Fukushima

  • Lux Capital identified a need in the nuclear waste cleanup industry and founded Curion.
  • The Fukushima disaster became a positive black swan for Curion, leading to its acquisition.
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