@pmarca @DanielleFong Still fundamental hurdles to VCs beyond historical losses: long sales cycles, time to market, capital expense.
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@yoavlurie@pmarca that's just nothing like it thus far in cleantech. Tesla, GE, Boeing, Exxon aren't buying; lab prototypes aren't scaled -
@DanielleFong@pmarca how big a role is the fund cycle? <10 years to get to exit. For many of the companies doing biggest work, too short - 8 more replies
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