Tech

How to get investors to fund game-changing companies TechCrunch


A lot of problems The problems worth solving are not the ones that you can solve in a year or two or even 10.

For founders and investors alike, such long timelines can seem daunting. But for Gene Berdichevsky, the co-founder and CEO of battery technology startup Sila, the tech dilemmas are also some of the most tantalizing.

Berdichevsky said at TechCrunch Disrupt: “It’s always a good time to be a hardcore tech startup. “One of the reasons is that the world doesn’t change just because it has to be. It changes because someone goes after something extremely hard and actually succeeds at it. “

Such hardcore tech startups run the gamut from cutting-edge batteries like those made by Sila to nuclear fusion, quantum computing, automation, and robotics. Any technology with such a broad potential for impact has a huge potential market, and that means a certain group of investors are willing to participate in it over the long term.

“Hire people to do technical stuff. Keep an eye on it, but then go learn the other parts.” Gene Berdichevsky, Co-Founder and CEO, Sila

“We look for step-by-step, game-changing technologies that will truly benefit everyone, and we think that will drive a huge amount of [total addressable market]’ said Milo Werner, a general partner of The Engine.

When Berdichevsky founded Sila, he believed his company’s technology, a silicon anode, which promised to improve lithium-ion battery energy density by 20%-40%, would be a significant enough step forward. so that there is no problem in finding the market.

What he didn’t expect was how long it would take. When Sila’s first product launched inside the Whoop 4.0 wearable last year, the road to market was twice as long as Berdichevsky had expected.

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