Bonus Episode: Did Silicon Valley Kill Agtech?

Bonus Episode: Did Silicon Valley Kill Agtech?

The Silicon Valley model for innovation has worked famously for many software based companies, such as Facebook and PayPal. However, when it comes to agtech, the Silicon Valley template for startup success hasn’t translated very well. This template, of either “user is the customer” or “user is the product” is rather limited in agriculture, where the farming population is small (restricting scale) and the stakes are high.
This episode features Rob Trice, the founding partner of Better Food Ventures and The Mixing Bowl, along with Sarah Nolet and Matthew Pryor, who both lead the Agthentic Group and Tenacious Ventures. All three guests have a solid tech and business history in Silicon Valley and discuss why the business models typically used by venture-backed software companies, can’t just be copy-pasted to agriculture.
They also dig into:

  • The early days of Silicon Valley, the dot-com boom and bust and where Agtech 1.0 went wrong.
  • How understanding the whole supply chain and embedded incentives , will be critical to success.
  • How financing models from venture capital to SPACs can better fit with the agtech revolution (or evolution), as well as the positive signs for the future growth of the industry.

For more information visit our website. You might also like our recent article: “How Silicon Valley Set Agtech Back a Decade”

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Episoder(211)

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Better Outcomes, Not Lower Costs: rethinking agtech in horticulture, with Mark Trzaskoma

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Business Model Breakdowns with Shane Thomas:  Co-Ops and their future in Ag

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1 Apr 32min

The Seven Year Itch: What We Got Wrong (and Right) in Australian Agtech, with Sam Duncan and Natalie Engel

The Seven Year Itch: What We Got Wrong (and Right) in Australian Agtech, with Sam Duncan and Natalie Engel

Seven years ago, agtech in Australia was still in its infancy. There were bold predictions, a flurry of startups, and an emerging ecosystem of programs and investors to back them. So how have things p...

18 Mar 26min

The Innovation Sweet Spot: Aligning Corporates, Startups and Investors, with Brad Fruth and Frank Wooten

The Innovation Sweet Spot: Aligning Corporates, Startups and Investors, with Brad Fruth and Frank Wooten

While agrifood innovation often celebrates bold founders and breakthrough technologies, what happens when the incentives of corporates, startups and investors don’t quite align? In this live recording...

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