After Billions Lost in Vertical Farming, Can Future Farms Lead a Tech-Driven Comeback? - E:46

Low Level Barbarians (LLB)

Need help with market expansion, product market fit, growth, or fundraising? Reach out! https://forms.gle/PkKjvfqCUjq4MgGk6 Support the pod! https://buymeacoffee.com/lowlevelbarbarians Lets Connect! * https://www.linkedin.com/in/alexanderle/ * https://www.linkedin.com/in/shawn-ng-ff/ Vertical farming once promised to revolutionize agriculture, but with billions lost, can Future Farms revive the dream? In this video, we examine the rise and fall of vertical farming, its impact on the agriculture industry, and how Future Farms could drive the next wave of innovation. We dive deep into industry trends, lessons from past failures, and explore how investors and entrepreneurs can seize new opportunities in agriculture technology. Watch now to discover the future of farming and share your thoughts in the comments! Key Topics Covered: Vertical Farming Industry Overview (2000-2024): Understanding the rise, fall, and current state of vertical farming. Future Farms Thesis & Scalability: Can future farms scale effectively with significant investment? Product Innovation: What are the "better" products in agriculture, and how can they drive success? VC Learnings: Insights from VC-backed vertical farms that went bust and what can be learned from their mistakes. Positioning in Asia: How Future Farms is strategically positioned in Asia to leverage market opportunities. Business Strategy: Key strategies for scaling, market sizing, and optimizing resources like electricity and water. Government Mandates & Tech Innovation: The role of food security mandates and how technology innovation builds a competitive moat. Founder & Team Insights: Exploring the motivations, backgrounds, and challenges of the founding team. Chapters: 00:00 After Billions Lost in Vertical Farming, Is Future Farms the Key to a Comeback? - E:46 00:24 Future Farms Elevator Pitch 01:23 Vertical Farming Industry Overview 2000-2024 06:53 Future Farms Thesis In Vertical Farming 12:12 Can Future Farms Scale With Big Money? 13:55 What Are "Better" Products in Agriculture? 15:08 Learnings From VC Backed Farms 17:27 How is Future Farms Positioned in Asia 18:33 Low vs High Margin Strategy 21:40 Future Farms Focus vs Traditional Agriculture 23:05 Problem vs Solutions 24:18 Busine ss Strategy & Scaling 25:52 Market Sizing 26:30 Should VC Dollars Look At This Space 27:10 Future Farm Approach To Solutions 30:41 Learning From Customers 33:10 Plant Nutrients Focus 37:23 Optimizing Electricity 41:35 Optimizing On Water 42:35 Tackling Scale 47:38 Government Mandate in Food Security 48:20 Tech Innovation Focus 50:04 Developing a Moat 52:02 Founder Grit & Motivations 54:50 Team Background 57:30 Founder Conflicts -Core Guiding Principles 59:48 Growing The Team 01:06:10 Fundraising 01:09:39 Funding Allocations