What Separates Billion-Dollar Companies From Failed Startups w/ Bill Gross | EP
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- čas přidán 24. 06. 2024
- In this episode, Peter and Bill discuss a secret company they launched 24 years ago and failed, and what it takes to build a Moonshot company.
Bill Gross founded Idealab in March 1996. Bill is a lifelong entrepreneur, starting his first solar business in high school. He is best known as the Founder, past CEO, and now Chairman of Idealab. This technology incubator has launched numerous successful startups, creating over 150 companies with over 45 IPOS and acquisitions ($9 billion market value). These companies span across various industries, including e-commerce, clean energy, and internet services (e.g., Heliogen, Lumin, Papaya). Gross is recognized for his innovative approach to business and has played a significant role in shaping the startup ecosystem.
Learn more about Idealab here: idealab.com/
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0:00 - Intro
0:48 - Mastering the Art of Moonshot Entrepreneurship
1:28 - Lessons from Idealab's Success
2:48 - The Secret Moonshot of 1999
8:07 - The Race to the Moon
13:29 - Changing the World Through Entrepreneurship
14:58 - Triumphs and Challenges of Apollo Mission
18:40 - The Return to the Moon
20:45 - The Key to Successful Entrepreneurship
24:16 - Innovating for a Greener Future
28:50 - Revolutionizing Energy: 3 Moonshots
33:19 - Calculating the Cost of Space Travel
34:19 - Inside Idealab: From Idea to Investment
40:12 - Fountain Life: Changing Health Forever
42:30 - Lessons Learned: Starting Idealab Again
43:02 - Finding the Perfect CEO Challenge
44:57 - Breaking the Mold for Success
48:12 - Exposing the Business Idea Myth
50:15 - Breakthroughs and Persistence: Key Lessons
51:12 - Turning Naysayers into Motivation Fuel
56:17 - The Key to Startup Success
1:00:48 - The Future of Solar Panels
1:01:53 - Startup Success: Willingness to Fail
1:05:49 - Standing Out in a Crowded Market
1:07:50 - Equity and Success: Finding Balance
1:10:42 - The Key to Unstoppable Success
1:16:34 - Entrepreneurship: A Long-Term Commitment
1:20:39 - The Emotional Side of Entrepreneurship
1:22:48 - The Power of Trying Again
1:25:17 - The Joy of Entrepreneurship Unlocked
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Love bill gross ..
he is amazing mind and knowledge..
even thou hes not so much the celebrity of companies, like some extroverts.....
thankyou for doing this
Bill gross is the man !
Amazing podcast Peter. Great guest, Bill is such as well-rounded incubator. Just found out about him today; I was mesmerized by how knoweldegeable he was in being able to flourish companies from the ground up. What a well-rounded entrepreneur.
Thanks for this..relevent and inspirational
Need you back at Heliogen!!
《 Arrays of nanodiodes promise full conservation of energy》
A simple rectifier crystal can, iust short of a replicatable long term demonstration of a powerful prototype, almost certainly filter the random thermal motion of electrons or discrete positiive charged voids called holes so the electric current flowing in one direction predominates. At low system voltage a filtrate of one polarity predominates only a little but there is always usable electrical power derived from the source Johnson Nyquest thermal electrical noise. This net electrical filtrate can be aggregated in a group of separate diodes in consistent alignment parallel creating widely scalable electrical power. As the polarity filtered electrical energy is exported, the amount of thermal energy in the group of diodes decreases. This group cooling will draw heat in from the surrounding ambient heat at a rate depending on the filtering rate and thermal resistance between the group and ambient gas, liquid, or solid warmer than absolute zero. There is a lot of ambient heat on our planet, more in equatorial dry desert summer days and less in polar desert winter nights.
Refrigeration by the principle that energy is conserved should produce electricity instead of consuming it.
Focusing on explaining the electronic behavior of one composition of simple diode, a near flawless crystal of silicon is modified by implanting a small amount of phosphorus on one side from a ohmic contact end to a junction where the additive is suddenly and completely changed to boron with minimal disturbance of the crystal pattern. The crystal then continues to another ohmic contact.
A region of high electrical resistance forms at the junction in this type of diode when the phosphorous near the ĵunction donates electrons that are free to move elsewhere while leaving phosphorus ions held in the crystal while the boron donates a hole which is similalarly free to move. The two types of mobile charges mutually clear each other away near the junction leaving little electrical conductivity. An equlibrium width of this region is settled between the phosphorus, boron, electrons, and holes. Thermal noise is beyond steady state equlibrium. Thermal transients where mobile electrons move from the phosphorus added side to the boron added side ride transient extra conductivity so they are filtered into the external circuit. Electrons are units of electric current. They lose their thermal energy of motion and gain electromotive force, another name for voltage, as they transition between the junction and the array electrical tap.
Aloha
Bill is a genius. Brilliant individual
Another method to plausibly transform ambient heat into electricity with equivalent cooling essentally consists of two electrodes closely face to face (~1 micrometer) in a vacuum wired to an external electrical load. The face of the [Emitter] electrode is covered with a uniform array of LaB6 tipped small diameter carbon nanotubes grown straight out. The face of the [Absorber] electrode is covered with small scale graphine flake char. [Rice U 2014]
Thermal energy mobilized unattached electrons will tend to free themselves outward from the emitter tips and drift at ~1 million meters / second @ 25 millivolts (thermal electron energy @ 20 C) to the absorber which tends to collect them.
A negative charge accumulates on the absorber. This repels oncoming electrons slowing their forward drift, cooling them. The absorber electrode charge is simultaneously the repelling cooling and the external electrical load voltage. The drift current and external wire route current are the same. The DC electrical power consumed by the electrical load depends on the load resistance. Thermal energy absorption always equals the electrical yield.
Wire resistance is a practical loss not a true loss so lt is overcome by added device output. Extra cooling then balances the heat given off by the wire loss. The performance of the device is expected to be modest in the beginning but improve rapidly. Even early devices are expected to last a long time. There is little place for obsolence if the first installed device works adequately. They will withstand being short circuited indefinately up to an electromigration limit.
Aloha
WOW!
A thought experment, an impractical device that is easy to check for mechanical workability. Its parts are large enough to act as everyday mechanisms but small enough to work well with the nanometer scale thermal motions of gas molecules. This device hypothetically creates self powered thermal diversification:
Sketch made with keyboard characters:
COLD ())--:PARTITION:-->> HOT
Key
()) = Paddlewheel.
-- = Axle. (Continuous from end to end)
: : = Axle tunnel going through a wall.
>> = Lumped friction element
Please visualize two chambers full of inert gas separated by a very thin partition. The partition is thin to delicately support billions of separate nanometer scale short axles running straight through loosely enough to rotate freely but not leak very much heat so the chambers can hold separate temperatures.
On the left side, a very small paddlewheel is mounted at the left end of each axle. On the right side, lumped friction elements are mounted stationary in place on the partition, one for each axle, for the right end of each axle to run through. The lumped friction elements convert the mechanical rotation of their axle into heat. The lumped friction elements do not impart Brownian motion to their axle.
Brownian motion (a nanometer scale effect) turns the paddlewheels at random speeds randomly clockwise or counterclockwise. This random rotation is turned into heat by the lumped friction elements.
The committed, linked, and functional roles of the walls, paddlewheels, axles, and lumped friction elements in differnt places should systemically produce a divergence in the thermal energy in the two chambers without adding external energy.
Aloha
I am impress, what you mean is 5 friends if they sell their homes and go to live together easy could buy all the solar cells and cooling so life wold be cheaper and better... chickens, and self-sustained living... you can make a business of comunes and instead of one person living in big house over and over, and one refrigerator and one air cooling well-shared economy is the future because there will no be jobs, so in population collapse jajaja emm you pay people especially males that are good entrepreneurs and the economy of the place will grow, but making study business hard and expensive well you deserve failure and economic collapse... lets save the world, but in a economy in collapse you need to sell you house you have 5 friends get together and say well lets buy one big house and live and shared the expensive have all the self sustain stuff and its that or be poor...
Is the anyone in 20 , who which to start billion dollars startups with me
The crypto market has been unfavorable for months and I keep losing my money selling-off during dips, I'm very scared of holding right now, how do you guys still make so much….??
VENTURING into the trading world without the help of a profesionals, trading and expecting profit is like turning water into wine you would need a miracle...
It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast. I will also suggest investors to get yourselves a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Following you has been an amazing journey , you have shown me the best way to earn much better profits despite the bad economic situations, God bless you with more knowledge
Great to see you guys talking of @XIMENA4B , Trading on your own can be very dangerous i can testify to that. This woman changed the game for me
Great to see you guys talking of @XIMENA4B , Trading on your own can be very dangerous i can testify to that. This woman changed the game for me
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, made $68,000 profit from trading last month regardless of how bad it gets on the economy.
Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio of $108,000 from my investment with my personal financial advisor< Justina Jackson> i totally agree with you
YES!!! that's exactly her name (Mrs Justina Jackson) so many people have recommended highly about her and I'm just starting with her from Brisbane Australia 🇦🇺
Please educate me, I've come across this before. How can I get to her please?
Just withdrew my profits week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
The best signal provider in the market. Knowledgeable and level-headed. With no losses unlike some other traders who recently jumped on the bandwagon.
Why do you keep mentioning Musk? Does he pay you to say his name? The guy just hustled Tesla from it's creators and invests in the most popular tech startups so people will give him all the credit for bringing the technology forward. To me he ranks 0/10, just an attention seeker. The real important people are the engineers, creators of this world, not the people who hustle the most important tech startups. If you want to talk to important people invite or talk about creators only, not the guys who want you to worship their name.