Super interesting project: @CarnotCompress, working on a more efficient / quiet air compressor design, and they're now raising funding. This is a huge problem if they actually get this working. Where's the industrial investors at?https://www.startengine.com/carnot-compression …
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...they didn’t really care, since most were wiped out after the doe pulled funding from their loan guarantee program, and then when oil crashed in 2014 and the chinese stock market crashed in 2015 there weren’t really energy or industrial players looking to take any risks.
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Interesting - that's a lot!
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I also find the industrials (especially in the mfg. space) have little/no risk capital. They just want to pick the fruit that ripens, not water any seeds. They also view a lot of startups as possible competitors and don't understand how to work with them.
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@DanielleFong, did you see the@carnotcompress folks on this thread before? I'd be interested to get your take. - Show replies
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VCs and corporates run away from technology risk (despite what their PR says)
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The upside to the startup that perseveres and eliminates technology risk is tremendous
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