Innovating the Future with XPRIZE’s Elaine Hungenberg

Rule Breaker Investing

The Motley Fool

Business, Investing, Invest, Rulebreaker, Stocks, Company, Growth, Stockmarket, Fool, Foolish

4.5 • 928 Ratings

🗓️ 9 October 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week on Rule Breaker Investing, David welcomes Elaine Hungenberg, Senior VP of Partnerships & Impact at XPRIZE. Elaine explains how XPRIZE’s unique competition model sparks world-changing innovations, from space exploration to clean water solutions. In this lively conversation, discover how prize-driven innovation accelerates breakthroughs, hear about some of the most exciting XPRIZE projects, and learn valuable lessons from Elaine’s journey as a thoughtful disrupter. Tune in for a deep dive into creating impact, followed by our always fun, signature round of Buy, Sell, Hold!

Host: David Gardner

Guest: Elaine Hungenberg

Producer: Desirée Jones

Transcript

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0:00.0	The day before something is truly a breakthrough.
0:03.2	It's a crazy idea.
0:05.0	That observation comes from Peter Deimandis, the founder of
0:09.0	the X Prize Foundation.
0:11.0	X Prize. Heard of it? You might be familiar with X Prize for its bold challenges
0:16.2	like sending private rovers to the moon or developing solutions for clean water. The prize part is millions, sometimes hundreds of millions of dollars offered
0:27.8	as a prize to teams of researchers and entrepreneurs that manage to deliver an innovative real world solution, a crazy idea brought to fruition in competition with many others generally by a preset deadline.
0:42.8	Well, I've got a lot of cool friends,
0:44.9	and one of my coolest is Elaine,
0:48.3	the Senior Vice President of Partnerships
0:50.1	and Impacts for the X Prize Foundation.
0:53.0	Given that such a big focus of rule breaker investing
0:55.6	is on the rule breaking part,
0:57.9	finding the dreamers who are also the doers,
1:01.3	breaking the rules of the status quo and bringing amazing innovations to market.
1:05.4	I know you're going to enjoy my lively conversation with Elaine Hungenburg talking X Prize.
1:11.7	Only on this week's Rule Breaker Investing.
1:14.4	It's the Rule Breaker Investing Podcast with Motley Fool Co-founder David Gardner.
1:21.2	You know, I view one of my jobs to be done every week for you, my Rule Breaker Investing
1:28.7	Podcast listener, is to introduce you to friends of mine who will help make you
1:34.0	have helped make me smarter, happier, and richer.
1:38.0	You know, like mentor, teacher, and entrepreneur Ran Stagen,
	...

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