> “Some of the facilities figured out way too late, ‘oh we should probably be checking how much we’re paying for electricity per month.’ That’s pretty basic when 30-40% of the cost of the crop is electricity,” he says.
> “Those things were just overlooked because investors will pay for it, it doesn’t matter,”
I'm always amazed when startups operate like this. I'm equally in awe when they get capital and VC's don't notice this either. I guess the later could be naive and just assume that the tech required to make it works requires this, but it is still baffling that nobody thinks its a good idea to get one of your bigger costs down
> “Those things were just overlooked because investors will pay for it, it doesn’t matter,”
I'm always amazed when startups operate like this. I'm equally in awe when they get capital and VC's don't notice this either. I guess the later could be naive and just assume that the tech required to make it works requires this, but it is still baffling that nobody thinks its a good idea to get one of your bigger costs down