The concept of “sustainable capitalism” does NOT mean the latest CleanTech unicorn ie growth at all costs to make a few shareholders vastly wealthy. That may produce solutions to help mitigate the Climate Crisis, but “sustainable capitalism” is a more radical concept that is about enabling billions to earn a good living – within a…
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Imagine these two pitches to investors: A. We will get to $10m annual revenue with $7m costs and $3m Free Cash Flow. After that growth will be nominal. At best investors will value that $3m Free Cash Flow at some discount to the US Treasury 30 year return. B. We will get to $100m annual…
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The Google founders famously put “don’t be evil” into their corporate code of conduct, softening it to “do the right thing” in 2015 and de-emphasized it again in 2018. The reality is that tech companies have only one mandate which is profit for shareholders. Keeping customers and talent happy is aligned to that mandate. That…
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If you want a feel good post, click away. Both these problems cause a huge amount of suffering. The Plan B pitched by a few Silicon Valley billionaires of colonising Mars is hopium at best; Earth is were we all live. It is a Climate Crisis (not the nicer sounding Climate Change) and it is…
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