The Plucky Bamboo Podcast
Bioplastics have existed for over 30 years. After three decades of government grants, investor capital, and charismatic founders, the industry still hasn't produced a genuinely profitable company. Alexander Blum, founder of Applied Bioplastics, is trying to be the first. In this episode, Alex breaks down why an industry the world needs has struggled to make money: the gap between scientific leadership and business leadership, a pricing problem that shuts bioplastics out of the markets where plastic actually gets used, and a funding model addicted to grants and capital instead of customers. He also gets into distributed vs. centralised manufacturing, the funding rounds Applied Bioplastics has lost to a pandemic, a crypto crash, and a war, and why "the tech will speak for itself" is the most expensive belief a founder can hold. Find Alex Blum on LinkedIn and learn more about Applied Bioplastics at applied-bioplastics.com. ———Building a climate or sustainability business and feel like the growth still runs through you?Take the free Growth Diagnostic - 6 minutes to find the biggest bottleneck holding your growth back, and see how you compare to 300+ climate founders: pluckybamboo.com/growth-diagnostic
48 episodios
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