HARDWARE IS HARD or: "Closing the Gap: Turning Talk into Investment for Climate Tech Hardware" as this panel at the Bits & Pretzels German Accelerator booth was officially coined. My observations: 🛠 Solving the world's most pressing problems (#pandemics, #climate change) takes more than software. Companies like Wirelane, Enpal, Encavis AG and many other contribute to real change through hard (hands on) work 💲 Despite this obvious observation, the panel discussed whether #VC is the right kind of capital for this challenge. Why? The rule of diminishing incremental cost doesn't kick in (as hard) with most hardware related companies, meaning that scaling a business according the venture capital's expectations becomes hard to impossible. 💡 Nevertheless, capitalism is extremely efficient: funds like Intermediate Capital Group (ICG), Infracapital, InfraRed Capital Partners Ltd and many others are bridging the gap by moving further upstream with their (usually infrastructure heavy) investment thesis. VC funds like UVC Partners set up growth funds to meet their (hardware) portfolio company's higher capital needs. Thank you for the great exchange Dr. Valentin Schmitt, Dr. Daniel Reese and Bastian Ruther 🙏 ! Shout out to Felix Haas, Andy Bruckschloegl, Bernd Storm vans Gravesande for once again kicking it off 💪 ! B&P is always a great opportunity to meet old friends (Kurt Höller) and make new connections (Dr. Birgit Stelzer) ✌
Pleasure exchanging ideas with you Constantin Schwaab , Bastian Ruther , Dr. Valentin Schmitt 🙌 💡
It was super cool to meet and discuss with you. Thanks for bringing me in Dr. Valentin Schmitt.
Indeed was absolutely great to meet you there, Constantin, and get introduced to Birgit 🤗
I proposed a most genius HW solution from 2011 on and published a video (quality hard to endure, but why should it only be me to suffer...?) on the case and the implications. Open to feedback! https://www.linkedin.com/posts/stefan-zeuner-71332b3b_my-video-certainly-quite-hard-to-digest-activity-7247153408267157504-8sBd?utm_source=share&utm_medium=member_desktop
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enabler for innovation/ co-founder/ coach/ lecturer
1moConstantin, I like your way of discussing dilemmata 💪 Very on point. 🤓 👯♂️ I kindly invite Anja Schröder and Zackes Brustik to the table. Any comments/ ideas to #VC #Capitalism fostering #innovation for #sustainability?