Is Venture Capital the Wrong Tool for Clean Energy?
In the first half of this year, 86% of U.S. venture money went to AI. Climate venture funds have raised less than $1 billion, down from more than $10 billion in 2021.
This week’s guest, Andrew Beebe, is more optimistic than those numbers suggest. The generalist funds that piled into climate a few years ago drove up the price of startups, and now they’ve left. The investors and founders still here understand the market, and he thinks that makes this one of the best times yet to invest.
Andrew is a managing director at Obvious Ventures, which Twitter co-founder Ev Williams helped start in 2014…
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