I checked out Linkedin for this Sophie Perdom who looks like she is 16 - daddys money I guess - and this is how she describes herself:
“I invest in and support early-stage climate tech founders and their companies, and write a newsletter (50,000+ readers, CTVC) on climate and innovation. Prior, I’ve been a sustainable business operator; first launching an ESG fund at a major endowment, followed by a few years making pretty slides at Bain & Co., published a book on sustainable investing along the way, and helped found an agricultural technology company (raised +$65m).”
I don’t know much about venture capitalism, but I would imagine the very LAST thing I would ever invest in if I was an investor would be something that has no discernible way to make a profit.
Think about it: Climate? How the hell do you make a profit on the “climate”? It’s like saying “Let’s make a profit on the moon”. There is no invention here, they aren’t working on an engine that can run on cold fusion. This is all about “climate tech” where nobody says just what the “tech” is.
To me this reeks of a scam where they BS people about a “climate company” when in fact the real profit comes from the taxpayers being forced to throw these BS companies money because a bunch of Rats and RINOs in Washington want to look “climate capable”.
BINGO! You nailed it.