Why some VCs won't invest in first-time founders + $369B carve-out for climate/energy | E1528

First up on VC Sunday School, J+M cover the stigma around investing in first-time founders: Is it a myth? What are the pros and cons? What really matters when evaluating a founder? (3:01) Then, Molly interviews Jay Koh of The Lightsmith Group to break down the Inflation Reduction Act's $369B climate/energy allocation. (29:08) (0:00) Jason and Molly tee up today's segments! (3:01) why is there a bias against investing in first-time founders? (15:04) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist  (16:21) Most important factors to startup success (21:42 Jason and Molly tee up Molly's climate interview which is focused on the Inflation Reduction Act's $369B climate/energy carve-out (27:53) MasterClass - Get 15% off an annual membership at https://masterclass.com/startups  (29:08) Jay Koh of The Lightsmith Group joins to break down the $369B earmarked for climate/energy in the Inflation Reduction Act (36:39) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist (37:58) What will the $369B do for the climate VC industry? (48:48) What will this investment do for America's standing as a global climate tech leader?