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This Week in Startups

VC School: What's a venture scale business + Matt Duesterberg of OhmConnect | E1499

This Week in Startups

Jason Calacanis

Technology

4.41.3K Ratings

🗓️ 3 July 2022

⏱️ 48 minutes

🧾️ Download transcript

Summary

For today's VC Sunday School, Molly asks Jason about what makes a venture scale business (2:20). Then, for This Week in Climate Startups, Molly sits down with Matt Duesterberg, co-founder of OhmConnect (19:38).

(0:00) Jason and Molly tee up today’s show
(2:20) VCSS: What is a “venture scale business”?
(12:15) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist
(13:31) More on being venture scale
(17:35) Molly tees up This Week in Climate Startups
(19:38) TWiCS Molly speaks with Matt Duesterberg, co-founder of OhmConnect
(26:14) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist
(27:25) How is OhmConnect paid?
(32:10) Microacquire - Sell your business with no fees at https://try.microacquire.com/twist
(33:27) OhmConnect energy savings, Gigawatt v. terawatt, $55M Series D
(46:02) Thanks for tuning in, and have a happy 4th!

Transcript

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0:00.0

Hey, everybody, hey, everybody happy Sunday

0:02.3

and I'm hoping you're having a great holiday weekend.

0:07.2

But if you need to get away with your family,

0:08.7

we have a show for you.

0:10.0

Yes.

0:11.0

Or are you going on a bike ride?

0:12.0

You might want to listen.

0:13.0

There you go, exactly.

0:14.4

On this week in climate startups,

0:15.6

I talked with Matt Dusterberg of OpenConnect,

0:17.7

which is a super interesting startup,

0:19.1

letting consumers save energy,

0:21.7

but then also become almost a decentralized energy provider

0:25.7

themselves, fascinating,

0:27.5

kind of complicated energy markets business,

0:29.4

but comes down to it at the end of the day,

0:31.4

you get a $50 gift card from OpenConnect

0:34.2

for like turning off your air conditioning

0:35.9

for an hour during peak usage.

0:37.8

But first, we're going to do VC Sunday school.

0:40.0

We're going to break down how to identify

0:42.1

and answer the question, is this startup venture scale?

...

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