Lux Capital
Lux Capital's Josh Wolfe offers, "the best way to predict the future is to invent it". So where do they find the best inventors? At the elite research universities across the country, especially in California where Shahin Farshchi is located. "If you can actually de-risk a project early on, you're going to get a huge value inflection. I think of Risk almost like the First Law of Thermodynamics, it's not created or destroyed, it just changes forms; what Risk turns into is Value."
What to listen for: Josh and Shahin talk about the challenges in licensing technology out of research universities. Solar energy, electric cars and nuclear power, Josh shares his sector likes and dislikes.
Show #201 (35:08)
Comments
Thanks for this one Frank.
You might recall from my emails that because I offer an early stage opportunity in a new technology, I am looking for investors who don't first look at the team, but look for technologies that can attract winning teams.
I think my technologies can do that if the risk is removed because it offers the potential of record breaking returns; and I would be happy to have someone else run the company, but I want to follow the Tom Perkins model of taking the risk out and attracting the best in the world to run it.
Just like the folks at KPCB got the Vice President of Marketing at IBM to run the marketing for Compaq and they got the CEO of Novell to be the CEO of Google.
These men from Lux Capital claim to do the same thing. I should definately look at presenting to them after I follow all the great advice from your website and show on how to improve my presentation.
Thanks Frank,
Mat
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Posted by: Matthew Artero | November 30, 2008 02:03 PM