REBUILD INDUSTRY

“General Matter is attacking one of the most interesting bottlenecks in The United States, the enrichment of uranium to create power in nuclear power plants. We don't do any of that in The United States today. We've outsourced it overseas for years. Scott and general matter are seeking to reverse that through the enrichment of uranium here in The United States.”

“Today roughly a quarter of US enriched uranium comes from Russia, a ban on those imports takes full effect in 2028, and the advanced reactors everyone is counting on to power the next wave of data centers have no reliable domestic fuel source. Scott believes enrichment is the single bottleneck to a nuclear future, and that the window to solve it is narrow.”

“VC needs innovation. The incumbents won't do it. And circa 2005, the concept was founder friendly. If you looked at all the most successful companies, they were founder run all the way to the end. And so the premise was let's give founders back control of their companies and unilaterally support them in building that.”

“He was starting to already thinking about this probably even more than he was talking about and probably thinking which companies are doing this well. He was talking a lot about we'd made all this progress in the world of bits, but not in the world of atoms. You could be on your cell phone, and it was interesting. And then you look around, and nothing's changed in fifty years.”

“Number one was it was just avoiding trends, avoiding the herd, thinking for yourself. Whenever we looked at any companies, Peter always took a very orthogonal view to most people. Instead of just doing a spreadsheet and trying to analyze this investment, why don't we think about why are we even seeing this investment?”