Investing in companies leading the energy transition @energyventures. Studied @texas_univ @Stanford. Worked @IDEO @Accel @SunEdison @SolarBridgeTech @SunPower

Joined January 2008
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Man, @claudeai makes stuff up. I asked a question about electrical code in Texas, and it made up a law that didn't exist and confidently told me all new homes in Texas have to be 'EV-ready' per this law. When I looked up the bill #, it was an education bill.
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These prices are insanely low. This is what they meant by ‘too cheap to meter’
Good morning with good news: Solar prices in Saudi Arabia ranged from $11/MWh to $15.1/MWh at four solar sites totaling 3 GWs in its 6th renewable energy tender. 1.1-1.5cents/kWh power! Wow! 43.2 GW of RE has been awarded, with 12.3 GW operating. constructionreviewonline.com…
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Very excited geothermal is having its moment, led by the successful @fervoenergy IPO. Like in solar there is utility scale and distributed versions of this energy source. Do not sleep on distributed geothermal. @DandelionEnergy is taking residential geothermal from the backwaters to mainstream, like SolarCity & Sunrun did for solar (disclosure... I am an investor). homepros.news/dandelion-ener…
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If I'm Hunter Dekkers, former QB @CycloneFB who permanently lost eligibility in '23 for gambling $2800 and lost his appeal, I'm pissed. His redemption arc is awesome though. Played community college, made the Saints practice squad, drafted by the UFL Houston Gamblers this year.
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P. Terry's is truly an anomaly, in a good way. Quality is great, prices are affordable, and they do stuff like this.
From day one, we believed taking care of people and building a great business go hand in hand. Today, we're making that belief official: P. Terry's is becoming employee-owned and launching profit sharing for eligible employees. Here's to the next generation of P. Terry's. ❤️
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This is insanity.
More than a dozen colleges have now crossed the $100,000/year threshold when tuition, fees, room, board, and living expenses are included: Harvey Mudd ($104,512) Duke ($103,975) USC ($103,162) Barnard ($103,000) Washington University in St. Louis ($102,260) Smith ($102,226) Fordham ($102,188) Claremont McKenna ($101,990) Vassar ($101,051) Wesleyan ($101,030) Georgetown ($100,864) Colgate ($100,224) Haverford ($100,026) A four-year degree at any of these schools now exceeds $400,000. Per Ny Mag
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We are living in a bizarre energy timeline where the cost of new energy generation capacity has never been cheaper, yet the cost of delivered energy in the US (and most of the west) has never been more expensive. Recent project tenders in Saudi Arabia include the 1.4 GW Najran Solar PV at 1.097 cents/kWh, the 600 MW Ad Darb Solar PV at 1.36 cents/kWh and the Dawadmi Wind IPP Plant, 1.5GW at 1.34 cent/kWh. 1 cent per kWh at GW scale. This is insane. Saudi Arabia has some of the cheapest natural gas in the world. In that same country, their natural gas power plant PPAs are coming in at 4-5 cents/kWh. The Saudi's view gas as a complement to solar and storage, not competing with it, and providing grid firming and winter/nighttime power. Their target is 50% renewables by 2030. Not for climate change. For energy abundance. The US has no target. No national plan to give us cheap energy that can come anywhere close to matching these numbers. Our politicians talk about energy abundance, but other countries that we look down on actually deliver it. The US is reinvesting in coal plants, despite our abundance of cheap natural gas. We are investing in new nuclear (rightfully so), but that will have no material impact on energy in the US for over a decade - this battle is happening right now. Did I say that these costs were insane? China is installing grid scale battery storage at $65/kWh (capex). The middle east and India are building storage for slightly over $100/kWh. I don't expect that the US would ever be able to match the costs in these countries. These are centrally planned, government controlled and subsidized industries. But, it should not be 5x (or more) as expensive to build projects like this here. We are killing our dreams of energy abundance with byzantine regulatory and market structures, red tape, political culture wars, tariffs with relatively little corresponding domestic manufacturing incentives, and an unwillingness to invest in our public grid infrastructure (yes, we the US ratepayers have paid for all of it). US industrial companies are trying to do the right thing by building their factories and data centers in the US. International trade partners are trying to do the right thing by building factories here as well. But, the siren song of 1 cent electricity firmed by cheap batteries and gas will ultimately prove too strong for capital to resist, and the countries that exploit this energy abundance are going to dominate us. The last wave of offshoring took our manufacturing base with cheap labor. This wave will take it for cheap energy. There is no fundamental reason we can't be competitive on energy costs. We have abundant natural resources to do so.
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Serious question for everyone who thinks gambling on your sports team is ok as long as you aren't betting 'against' them. If I am a starting LB, is it ok for me to bet the opposing starting RB will have under 40 yds rushing? That's not betting against my team. But, I can influence the outcome of that bet in a way that could work against my team. Slippery slope.
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Have a property tax protest hearing in @TravisCountyTX (Austin, TX) tomorrow. In 2023, we did a remodel that captured 20 sq ft of our garage into our living space (pushed a short wall between laundry room and garage out a couple feet. Somehow, the city included the whole garage (420 sq ft) in our total square footage, and has been basing our property tax on an inflated number for the past 3 years. I only discovered it because a neighbor and I were comparing property tax bills and mine was significantly higher than his despite similar size/condition houses on the same block. The square footage used for the county assessment is listed nowhere on the property tax bill. Were it, I would have noticed it immediately in 2023. I have all the plans and permit applications from the remodel. Couldn't be clearer what happened and that it was the city or county's mistake. What are the odds I win the protest? And get a refund for the past years? Have never done this before...
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Electricity generation from natural gas in @ERCOT_ISO peaked at 51.3GW three years ago. Given the amount of new solar and batteries added over the past 3 years (and continues to be added) will that record ever be broken?
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In the ERCOT interconnection queue, of the 20 projects u under construction, with the nearest CODs, and not 'at risk', there is 2.9GW solar, 1GW wind, 2.9GW storage, 1.2GW gas. I don't see gas catching up, although these likely don't include BTM datacenter projects?
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Defense Production Act. Defense of what?
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Same thing happening in Texas and California. Batteries love a good evening peak. This summer in ERCOT should be interesting, although it's mid-day, June in Austin, and its only 80 deg. F out. Where's my summer?
Gas spent 20 years owning the evening peak. Batteries took a year to crash the party. That's disruption. Not gradual, but a rapid shift in who supplies grid's most valuable hours. The battle was never about total generation. It was about the peak & batteries are winning it.
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Geothermal heating and cooling is an absolute no-brainer for new home builds. Roughly half the power and half the energy required compared to traditional HVAC. You want that capacity for data centers? Do this.
Replying to @DandelionEnergy
@DandelionEnergy Partners with Woodland Peak Development to Bring Geothermal Heating and Cooling to Massachusetts ... prn.to/4e1ItTf
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I’m 12 hours into using this and I’m very impressed.
Back in February, I got early access to @TownAI. Now 93% of @firstround is using it. There was never a top-down mandate — it went viral inside First Round the way great products do. Today, Town announced its $55M Series A. Huge congrats to @jgreze, @tonydevincenzi and the whole team! It’s hard to imagine getting my work done without my Townie “Brock” helping me. Here’s how Town took off at First Round: 1) Most AI assistants want you to come to them. Town comes to you. It learns how you work and then starts working. After connecting email, calendar and Slack, Town gives you a briefing — who you work with most, what’s high priority, your communication style and patterns. Everyone gets a custom version of this. Connect Town to more tools (Granola, Notion, Google Drive, etc.) and it starts drafting perfect emails and nailing investment snapshots. Customization even extends to “Townies,” the names, avatars, and personalities people assign their Town assistants. 2) First Rounders create routines in Town to solve real problems…then share them. Chiefs of staff were nodal users. Town is a glass of water in the desert for them. So much of their work is processing email, filling out updates, checking spreadsheets and gathering context. Town does this natively. Roy Rosin, one of First Round’s board partners, automatically tracks all his follow-ups (“commitments I made to founders”) at the end of each day. We share new routines in a # town-square Slack channel so it’s easy for other people to use the same routines the chiefs or Roy created. 3) Town works for every function — even people who’d never set up Mac minis to get the benefits of using agents. Our finance team saves hours on repetitive work it can now automate. Our marketing team tells me it “essentially replaced Claude and ChatGPT” for them. Without skills or markdown files but with persistent memory, the more you use it, the better Town gets over time. A few specific routines we’re using across First Round 👇
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Need an explanation as to why the state that produces so many olympic gymnasts, including the GOAT, has had no D1 gymnastics programs until now.
Texas State is making history as the first institution in the state of Texas to launch an NCAA Division I Women’s Gymnastics program! Donate today: txst.com/gym Follow: X: @txstategym Instagram: instagram.com/txstategym Facebook: Texas State Gymnastics
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