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"YC enables us to really look at how does this become a billion dollar business and scale this up?
Chinese firm Hareon Solar is "actively" considering a billion dollar investment in large scale solar projects in Australia, but the stability of government climate policy is its major concern, a senior company executive has told Guardian Australia.
Its billion dollar sales is on a scale with Google's mighty revenue and it is an app first and a website second.
The web boom of ~1997-2006 brousht us Amazon, Facebook, Google, Salesforce, Airbnb, etc., because the internet was the new new thing, and a handful of kids in garages and dorm rooms could build a web site, raise a few million dollars, and scale to serve the whole world.
"These are billion dollar companies.
Nine months later, the gap had grown to six and a half billion dollars and was on the same scale as the deficit that brought the city to the edge of bankruptcy in 1975.
And a small percentage of these ventures may even scale to a billion dollars.
(KI 8) "There's a funding gap to scale up services: 10 20 billion dollars that we don't have".
"Half a billion dollars.
For a billion dollars.
And a billion dollars.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com