How lab-grown meat company SciFi Foods failed - and why many others may soon follow
Description
It wasn’t long ago that lab-grown meat was booming. Startups raised billions of dollars. Investors boldly predicted the large scale slaughter of cows, chickens and fish would soon end. Then it all went pear-shaped. This week Joshua March and Kasia Gora come on to talk about how their startup, SciFi Foods, failed after raising more than $40 million on how the market turned against their company and the industry broadly (3:30 ), being affected by the downturn in plant-based meat (7:30 ), the Gamechangers documentary (10:30 ), being transparent with staff (15:10 ), the importance of failing well (19:30 ), the progress they made (27:30 ), Big Meat’s lobbying efforts (30:45 ), whether they would do it again (32:45 ), the Silicon Valley machine (37:00 ), venture debt (40:30 ), and the next thing (42:30 ).
Hosted on Acast. See acast.com/privacy for more information.
United States
