#147 Scaling "Equity-Light" Climate Tech: Marketplace Solutions, Equity-Light vs. Software, and Electrification of Transportation w/ Russell Sprole (Virta Ventures)
CleanTechies Podcast
English - January 12, 2024 10:00 - 1 hour - 51.4 MB - ★★★★★ - 4 ratingsTechnology Business Investing venture capital climatevc ctvc esg cleanag climatetech upcycling decarbonization climate change social impact Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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 FoundersLinks
Russell Sprole | Virta VenturesConnect with Somil | Connect with SilasCheck out our sponsor, NextWave Partners, for all your Climate, Renewables, and Sustainability recruitment needs.This podcast is NOT investment advice. Do your homework and due diligence before investing in anything discussed on this podcast.