When to take a meeting (VC School) + Fungi Flour: Hyfé Foods Founder Michelle Ruiz (Climate) | E1488

This Week in Startups

Jason Calacanis

Technology

4.4 • 1.3K Ratings

🗓️ 19 June 2022

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

For this week's VC Sunday School, Molly asks Jason about when to take a meeting with a founder (2:18). Then for This Week in Climate Startups, Molly speaks with the CEO and Founder of Hyfé Foods, Michelle Ruiz (16:43). Finally, as we're off tomorrow, we wrap with a couple of Juneteenth book recommendations (44:15).

(0:00) Jason and Molly intro today’s show!
(2:18) VCSS: When to take a founder meeting
(12:00) LinkedIn Marketing - Get a $100 LinkedIn ad credit at https://linkedin.com/thisweekinstartups
(13:18) Investing internationally: Sequoia announced an $850 million southeast Asia fund and a $2 Billion India fund
(16:43) TWiCS: Michelle Ruiz, CEO + Founder of Hyfé Foods
(21:15) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist
(22:28) Breaking down the process of wastewater + how Hyfé Foods capitalizes
(32:13) BairesDev - Go to baires.dev/twist and get $10k off when you sign your first contract
(33:27) More on Hyfé Foods’ process to make flour
(44:15) Outro: Juneteenth book recommendations

Transcript

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0:00.0	Hey, everybody, it's a big Sunday show for you.
0:01.8	That's right.
0:02.8	First up, we're going to talk about how DCs should prioritize
0:06.7	taking founder meetings.
0:08.1	And it's a great discussion.
0:10.1	I think a question every VC will have to face at some point.
0:13.9	Which is, do I take this meeting?
0:15.6	Yeah.
0:16.1	And we're going to use that as a segue too
0:17.9	into talking about different corporate laws
0:19.7	in different countries and international investing.
0:22.8	A lot of great climate companies in Europe and Scandinavia.
0:25.6	But also just this question of where people
0:27.4	are finding opportunity in a downturn.
0:29.6	I think it's going to be great.
0:30.7	And then for this week in climate startups,
0:32.7	I'm sitting down with Michelle Ruiz of high-pay foods.
0:36.0	Which is so cool.
0:38.3	They make low-carb high-protein fungi, like fungi flour.
0:43.3	And they're using waste streams, just like sugary water
0:46.4	from food production, growing mycelium on it
0:49.8	and turning that into flour.
	...

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