#102 - Harvard -> D.E. Shaw -> Obama Administration -> Decarbonizing Refrigeration w/ Manik Suri (GlacierGrid) (fkna Therma)

In this episode, Silas Mahner (@silasmahner) speaks with Manik Suri (@ManikVSuri) the Founder and CEO of Therma, an IoT device + software company that helps any organization using refrigeration to reduce cap ex and as a by-product, reduce the dirty energy assets on the grid. We cover his background, the problem and solution they are working on, and then go through building the business with a heavy focus on the work of raising money. Manik has a really interesting background having been a top achiever academically, going on to PE, and then government prior to launching Therma. Enjoy the Episode! 🌎📺 👀 Prefer to watch: subscribe on YouTube.📫 Interested in written summaries and takeaways from the episode? Subscribe to the newsletter. Want to be part of the community and engage further? Check out the Slack Channel. https://tinyurl.com/mwkn8zk5 ----- Topics: **1:20 Intro and Origin of Interest in Climate**4:02 The Problem**7:22 Electricity bill**11:38 The Solution**13:52 Cost and ROI**16:13 The Origin of the Idea**24:07 How his work in PE and Gov Influenced him**27:55 Carbon Abatement**31:13 Advice for Raising Capital**41:11 VC Issues & Thoughts on the Macro Environment**44:19 Discussion on VC Investing broadly**48:31 The Future----- Links: **[email protected] **Manik on Twitter: https://twitter.com/ManikVSuri **Therma Website: https://www.hellotherma.com/our-company **Check out our Sponsor, NextWave Partners: https://www.next-wavepartners.com/**Follow CleanTechies on LinkedIn: https://www.linkedin.com/company/clean-techies/**HMU on Twitter: @silasmahner----- Other episodes you might enjoy:**Most Recent Episode: Building a Smart AC company to help Solve Climate Change w/ Ran Roth (Sensibo)**Similar Topic: Electrifying Homes, Home Air-Quality & Health, Merging Blue & White Collar Talent w/ DR Richardson (Elephant Energy)**Something Totally Different: How to Raise Money for your ClimateTech Startup w/ Tommy Leep, founder of Jetstream VC This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit cleantechies.substack.com/subscribe