#130 Financing Emerging Clean Technologies, The Incentive of Repeat Transactions, Hiring a Founding Team, & More w/ Kevin Kyer (Pyrpose.io)

Why you should listen:* Learn how to hire a founding team* Find out the secret to properly structured incentives to achieve repeat transactions when working in emerging markets* Learn how to communicate your offering to non-climate-nerdsNot already a subscriber…subscribe today and support us either financially or through sharing the post.In this episode, Silas Mahner (@silasmahner) & Somil Aggarwal (@somil_agg) speak with Kevin Kyer, the Co-Founder, and CEO of pyrpose - a direct lending platform that, using the crowdfunding laws, allows individuals to lend to companies creating clean solutions in order to deploy their technology, the user is also getting a return on their money. They specifically focus on emerging markets because of how high the cost of capital is and the unwillingness of large lending institutions to operate in those markets currently. 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: * 1:59 Intro and career* 8:48 What is Pyrpose?* 15:22 How do they approach marketplaces?* 18:04 What he’s learned from consumers and sellers* 20.57 Why their work is important* 25:59 Roadmap and GTM* 29:01 Experience raising on this model* 32:26 Thoughts on crypto and climate* 35:49 Picking a founding team* 42:41 How they find talent* 45:46 Advice to founders regarding product market fit* 49:16 Climate-specific product market fit advice* 52:23 Ideas – Building Something elseShow Summary:Imagine a future where each of us could play a part in shaping the planet’s climate-conscious trajectory. That's the vision Kevin Kyer, co-founder, and CEO of Pyrpose, expounds in today’s conversation. With a journey that spans from internet marketing to renewable energy and ultimately, to pioneering climate tech by financing it. Kevin provides an eye-opening look at the intersection of technology and our shared responsibility towards the environment. In this robust discussion, we delve into how Pyrpose is revolutionizing the climate tech sector by using the crowdfunding regulatory methodology, built on top of blockchain technology, to lend working capital to small and medium-sized CleanTech businesses. This method helps make a positive environmental impact and fosters a direct and tangible connection between investors and these companies. Kevin also shared his honest thoughts on carbon marketplaces, the concept of regenerative finance, and the compelling opportunity it presents for investors to engage with communities globally. Aspiring founders and investors will glean valuable insights as Kevin shares his experience assembling a startup team and navigating the tight capital markets. This ep is packed with actionable advice and forward-thinking perspectives. It also offers a glimpse into the future of climate technology, underscoring the potential—and necessity—of collaboration within the climate tech community. 🎧 Listen in and discover how you can play a part in the global energy transition and make a lasting impact on our planet by directly investing in emerging CleanTech projects.Links:* Connect with Kevin: https://www.linkedin.com/in/kevinmkyer/ * pyrpose.io * Check out our Sponsor, NextWave Partners: https://www.next-wavepartners.com/* Follow CleanTechies on LinkedIn: https://www.linkedin.com/company/clean-techies/* Twitter: @silasmahner / @somil_aggResources / Events / Carveouts: We wanted to start adding some of the other resources that we are aware of in the climate space each episode. These will not always be the same so be sure to check them out each episode. * Event: upcoming in November, on the 9th, Silas will be hosting a meetup in Union Square in NYC. This will be an ongoing event on the 2nd Thursday of the month from 5-7 p.m. It’s a very chill objective for now and we will see how it goes. This is being hosted in partnership with 4Ward.VC and it is members only (Paid members of 4Ward.VC’s community). You can join their community here.* Voiz Academy: this is a community that helps you upskill and land a job at a climate tech company or a sustainability role. If interested you can check them out here: * Climate Career Accelerator Program* Voiz Academy Sustainability ProgramsHave a resource you use and want to share, send it our way [email protected] Other episodes you might enjoy:* Most Recent Episode: * Similar Topic: * Something Totally Different: Thank you for listening/reading/supporting us. It means a lot to us because there is a lot of work that goes into making this happen. Please share your favorite moments and reach out if we can help in any way. 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