“…Nona Yehia readily admits that her company, Vertical Harvest, which she helped start in 2010, made plenty of mistakes, like how to manage airflow and humidity. But the reason Vertical Harvest is still around is the scale of those mistakes.
“My colleagues and competitors made big mistakes with big money and big farms,” she said. “We made small mistakes with small money and small farms.”
She said the first wave of vertical farms had approached business as if they were huge, established food companies, and not start-ups. Their business plan was “large-scale, commodity lettuce sold into retail at thin margins,” she wrote in an email, a difficult proposition against established competition…”
"The uncomfortable conclusion most angels do not say out loud: a large percentage of seed-funded PMF is not PMF but FMF (founder-market fit) combined with enough early customer goodwill to produce metrics that clear the bar. The product may be fine, the founder is exceptional but the pull is not there.
This could still be fundable at seed. The bet is that the product catches up to the founder before the founder burns out carrying it."
"Angels confuse founder quality with product quality and often fund the wrong thing.
A strong founder who is personally closing customers, personally managing relationships, and personally rescuing churn is demonstrating something real. Their ability to sell, their commitment to the company and their capacity to hold things together in early chaos. These are not small things as they matter for survival.
But survival is not the same as scalability. And angel returns do not come from survival."
DOGE is a group of thoughtless, self-serving goons whose only tool is blunt force. Fck each and every person who put vengeful, childlike, draft-dodging, felonious Trmp in office.
“…what I witnessed in Indonesia. Across the country’s 17,000-odd islands, domestically consumed plastic is so mishandled that 365 tons of it are believed to enter the sea every hour.
And yet, deep in the highlands of Java, there are hellscapes of imported Western waste — toothpaste tubes from California, shopping bags from the Netherlands, deodorant sticks from Australia — stacked knee-high as far as the eye can see.
Too voluminous to even attempt to recycle, it is used as fuel in scores of bakeries that supply Java’s street markets with tofu, a culinary staple. The result is some of the most lethal cuisine imaginable, with poisons from incinerated Western plastic ingested hourly by great numbers of Indonesians.…”
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