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This is part 2 of our great discussion with Mallory Dwinal Palisch. If you've not yet listened to part 1, please do so before listening to this second half.
In this part of the conversation about Reach University and Craft Education System we discuss student-centered technologies, professional capital, labor mobility of teachers, remote learning, teacher credentialing, data aggregation, teachers unions, teacher wages, and more. AND Mallory shows off her econ skills, talking about monopsonies and non-pecuniary incentives,
Enjoy part 2 of the episode and Thanks for Being Curious! -
There is arguably nothing more important to our future economy than the quality of our education system, and there is nothing more important to that than the quality and availability of teachers. But as anyone who's followed the news in the last couple of years knows, we are currently facing something of a crisis in the availability of qualified teachers.
Here are some stats to put that crisis into perspective. According to EdWeek, there are over 3.1 million full-time equivalent teachers in public schools in the fall of 2022.
But the National Education Association estimates that there is a shortage of roughly 300,000 teachers in public schools. So 10% of needed teachers are missing. We should have 3.4 million. But in fact, the number of full-timeânot full-time equivalent teachersâis less than 3.1 million. That full-time equivalent number, includes aides and part-time teachers, so in fact, the missing 300,000âmaybe more like missing 20% of full-time teachers.
According to EdWeek, again, there are nearly 50 million students in public schools across the country. So using the teacher-to-student ratio of 50 million students and 3.4 million teachers, that works out to just under about 15 kids per teacher. So missing 300,000 teachers works out to about four and a half million kids without sufficient teacher-led instruction. Without a major shift in education policy, there is not much that can change on the demand side that is in the school system to attract much more supply.
But our guest today, Mallory Dwinal-Palisch, has come up with not one but two initiatives. One, to help increase the supply of trained teachers, and the other, to remove friction in the system so supply can better meet demand. She has an MBA, but also a Ph.D., and her dissertation was about labor supply and Teach for America. She's taught in the classroom and founded charter schools. She is the Chancellor of Reach University and the CEO of Craft Education Systems.
Enjoy part 1 of the episode and Thanks for Being Curious! -
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With interest rates rising and the economy slowing, the world of credit is getting a lot harder for both lenders and borrowers â and thatâs especially painful in the mortgage market, given how high house prices are.
Matt Sanchez, Founder and CTO of CognitiveScale thinks that Artificial Intelligence can help: it can help loan officers identify potential borrowers ahead of time, and it can help borrowers get access to the right mortgage offers. Can it also help make the lending process more fair? Matt , an IBM veteran and a board member of the Responsible AI Institute, believes it can.
In this talk with hosts Michael Leifman and Marco Annunziata, Matt explains the value that CognitiveScaleâs TrustStar solution brings to the table, and how. TrustStar is only one of the AI solutions developed by CognitiveScale, so you may hear more from Matt⊠-
Developing Clean Energy Solutions With KraftBlockâs Martin Schichtel
Across the world, a huge amount of energy is wasted in the form of heat. In industries like glass and steel, manufacturing processes require extremely high temperatures, and those processes generate a lot of wasted heat. That heat is usually blown directly into the atmosphere.
But what if there was a way to capture, store, and reuse that heat, effectively transforming it into a climate-neutral energy source?
Thatâs exactly what Martin Schichtel set out to do. A chemist by training, Martin believes he has the answer in the form of a thermal energy storage system called âKraftblock.â
In this episode, Martin sat down with hosts Marco Annunziata and Michael Leifman to talk about Kraftblock and what it does, its many different applications, and how it may fundamentally change how we use energy.
Show Highlights
[00:49] Factoids about the energy sector
[02:06] What is Kraftblock and what does it do?[02:40] How Kraftblock differs from other energy storage systems[04:10] The profile of an early adopter company that fits the mold for where Kraftblock currently is[04:56] Two applications for Kraftblock storage units[07:38] How Kraftblock differs from âgreen hydrogenâ systems[09:21] What needs to happen for Kraftblock to scale up over the next 10 years[11:58] The state of the heat market[13:05] Closing statements -
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M4Edge is coming back soon, with a new format.
Stay tuned! Stay curious! -
In the 3+ years that M4Edge has been around, we've aired over 50 episodes and, as listeners know, we usually ask our guests to give us their view of the future 20 years hence. Sometimes the answers are somewhat expected, sometimes they're a little humorous, and sometimes they're deeply thought provoking. As a holiday present, this episode offers a compilation of some of our favorites. We won't go so far as to say that this is a "best of" set, since we left out some great ones. But we've reached across the catalog, from our very first to our most recent episode, and offer you here some of our guests' views on the future of manufacturing, material design, food and agriculture, artificial intelligence, human resources, business analytics, robotics, clean energy, autonomous driving ... you know, M4Edge stuff.
Stay tuned and stay curious as we retool our show in 2022! -
This is the final M4Edge episode of 2021 an we are finishing this year with a bang, Our guest is Alex Rodrigues, founder and CEO of Embark Trucks; he is a Forbes 30 under 30, and more importantly, at the tender age of 26 he has just brought Embark public through a SPAC deal valuing the company at over 5 billion dollars.
Embark is right up the M4Edge alley, where we look at technologies that change the way the economy works: Embark develops software for self-driving trucks. Alex Rodrigues has a long-standing interest in automation: his passion for robots started when he was 11, so even though heâs only 26, he is already kind of a veteran in robotics. In our interview he revealed a number of interesting insights on the present and the future of automation, and some of them are quite surprising. How is this for a nugget: here we have the founder of a self-driving trucks company predicting a bright future for truck drivers!
We had a great conversation on where and why self-driving trucks could create â or at least preserve â jobs; but also on where they will be deployed first, and what they could imply for the future of logistics and distribution, quite an important topic given the recent dramatic supply chain disruptions.
Alex also explained why the development of self-driving trucks might be very different from that of self-driving passenger cars; we talk about road safety and cyber-security, and about Embarkâs business model: they donât actually produce trucks, they are a SaaS company.
And we close with Alexâs reflections on the future of robotics and automation. This episode has everything we â and you â like best: an enthusiastic and deeply knowledgeable guest, cutting edge technology, business model innovation and important implications for the way we live and work.
Thanks for listening, Thanks for Being Curious, and as always, please share the episode and if you have a few minutes, leave us a review. Weâll be back in 2022 with a brand new series weâre planning, soâŠenjoy the holidays and STAY curious! -
After a long absence, weâve returned with a very fun episode and right in line with the M4Edge theme. The startup we focus on today is really micro, in the weeds, you might say, with some very macro aims, and itâs about as edgy as can be.
You probably know that weâve done several episodes on ESG or impact investing, and weâve also done quite a few food-tech and ag-tech episodes. This episode is part of that series, but with some cool twists .We interview Dror Tamir, the CEO of Hargol Food Tech. Dror wants us all to be eating grasshoppers. Yes, I know, it sounds gross. Dror knows that too. But not everyone feels that way! It turns out that in many parts of the world, they are a delicacy. But Dror doesnât expect those of us who grew up with Western diets to crunch on wings and legs, instead Hargol grinds up the grasshoppers into a powder, which you can blend with other foods, or even put in gummies.
Whatâs the big deal about grasshoppers? They are tiny little nutrition machines, so part of Drorâs vision is protein for the world. Thereâs a climate angle too, since reducing beef and poultry consumption will reduce emissions; thereâs a water angle, since growing this form of protein uses FAR less water than other animal production; thereâs an animal cruelty angle, since Hargol takes pains to kill the grasshoppers in a humane way. The stats on how healthy grasshoppers are for people and for the planet are frankly mindblowing. Beyond that, Hargol has internal ESG goals unrelated to their product, for example around hiring people with disabilities. Dror sees his mission as being an element of the Jewish tradition of Tikkun Olam - repairing the world.
Oh yeah, this is the Jewiest episode weâve done, too. Marco compares Jewish grandmothers to Italian grandmothers, I talk about kosher laws, Dror explains a Hebrew pun and Marco even vocalizes an excellent chet. But all you goyim and our faithful M4Edge devotees shouldnât worry; itâs an ecumenical episode - thereâs plenty in here about Hargolâs approach to their market, their production process, their place within the booming food-tech scene and more. We know youâll enjoy the episode.And since youâll enjoy it, please share it with others, rate us on Apple Podcasts, post it on social media - you know what to do - spread the word. And as always, thanks for being curious!
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Itâs not often that a small startup has ties to Google and Bill Gates. Our guest today, Michael Sachse, the CEO of Dandelion Energy inhabits that rarefied atmosphere.
Dandelion Energy was originally part of Google X, Alphabetâs so-called moonshot factory. And very recently, Dandelion received substantial series B funding from Breakthrough Energy Ventures, which is the VC arm of a Bill Gates â led organization whose mission is to help get the world to net zero carbon emissions.
So whatâs so special about Dandelion that it attracted this sort of attention? They are tackling one of the hardest clean energy problems we will face as we decarbonize, namely how to heat our homes without fossil fuels. Dandelion harnesses geothermal energy â which is itself not a new trick â but the way they do it and deliver it is indeed new. Thereâs tech and business model innovation involved, and since this is M4Edge, weâll of course explore some policy issues, some labor issues and more. And youâll learn what kind of outright ban Marco thinks would be in the public interest.
Enjoy the episode, and thanks for being curious!
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We seem drawn to Agtech and impact investing. And good-tasting fruit.
We kicked off our 2021 season with a discussion on impact investing or socially responsible investing, including with a startup (EcoRobotix) that produces solar-power farming equipment for AI-based precision application of herbicide. We've done a few episodes in the Agtech space, including with a startup (Strella Biotech) that uses sensors to determine optimal fruit ripening in storage, reduce food waste and make our avocados not crummy. In this episode we continue these trends, and learn from TrueAlgae CEO Nathaniel Jackson about how their product can improve crop yields while simultaneously improving the sweetness and nutrient density of fruit, all while saving farmers' money and helping reduce the GHG impact of agriculture. This company is a true "double bottom line" company, or more like triple bottom line. Nathaniel himself was an impact investor at the Inter-American Development Bank, and has strong personal stake in seeing the impact investment sector succeed.
Please share the episode with your friends and ... thanks for being curious! -
We kick off this season with a deeper look at the meaning of our phrase âchanging how the economy functions,â specifically examining what you may have heard of as âsocial entrepreneurship,â which is the idea that entrepreneurial ventures should measure themselves not just by revenue but also by metrics that capture their broader impact on the social and natural environment.
Impact investing takes many forms. It can be venture firms seeking out so called âdouble bottom lineâ or even âtriple bottom lineâ returns, meaning financial & social returns or financial & social & environmental. In fact, there is a venture firm called DBL Partners - double bottom line - one of whose portfolio companies weâve had on the show- Zola Electric. DBL invested in another company you may have heard of - Tesla - which is probably the most high profile, but not the only proof point that impact investing is not charitable giving.
Impact investing can also refer to the idea of investors screening for or against certain types of activities. The institutional approach is the idea of ESG investing. ESG stands for environmental, social, governance. ESG investors are typically mutual funds or financial companies with specific funds that invest in companies that are promoting those aims or perhaps which are improving their own internal practices.
How big is ESG? According to Morningstar, there are about 275 ESG open-end mutual funds and ETFs available in the U.S.. And according to Deloitte, 75% of investors applied ESG principles to at least a quarter of their portfolios in 2019. Another sign of how far this idea has come is that the incoming director of the National Economic Council, Brian Deese, most recently led BlackRockâs ESG investing, in other words, one of the most prominent economist positions in the country is about to be inhabited by an ESG guy.
Some of the more well known impact VCs include DBL, and Revolutionâs Rise of the Rest, whom weâve also featured on M4Edge. There are many other examples, all with ambitious aims, including the HEED fund, The Impact Engine, SustainVC, Village Capital, Better Ventures and many more.
Weâve decided to delve into a few of these areas, with the help of three guests. First, weâre joined by Sonal Shah, the Executive Director of the Beeck Center at Georgetown. Sonal is so steeped in the world of impact that we asked her to cohost this episode. Sonal interviews Lisa Green Hall, the Impact Chair at Apollo Global Management, but has held many roles in this space, as is really one of the pioneers of the field.
But weâre technophiles here at M4Edge, so we also interview Steve Tanner, the founder and CTO of EcoRobotix, a Swiss ag-tech company whose mission is to âdevelop, produce and sell innovative farming machines that require low energy and that reduce the negative ecological impact of modern agriculture, while keeping costs competitive.â -
We are joined again by our friend and former colleague Ricky Buch. Weâve had Ricky on the show several times as small segments we called Rickyâs Reports from the Edge or sometimes full episodes we called Rickyâs Startup Reality. Ricky started a clean tech company - now the term of art is climate tech â called Loctricity. It was a great idea started by a smart guy with skills, knowledge, industry connections, in the right place and in the right time. But Loctricity is now on pause, and in this episode youâll hear why, and how Ricky is still pursuing business opportunity in the distributed renewable energy space. The idea behind Rickyâs Reports and Rickyâs Startup Reality was to give listeners and inside view of what itâs like to start a company from scratch; in this episode, Ricky shares some thoughts about that process which I think are among the most insightful and sort of soul bearing that heâs shared so far.
Itâs been about a year since we last checked-in with Ricky, and what a year itâs been. We hope M4Edge listeners and your loved ones have stayed healthy, safe and sane, during 2020. Thanks for your loyalty, and we wish you â and everyone else â a MUCH better and happier 2021.
Enjoy the holidays, enjoy the episode and, as always, thanks for being curious!
Geoff Oxnam, American Microgrid Solutions
Positive Capital Partners -
In this episode, the third in our series on startup strategy, Marco and I interview Guy Levy-Yurista , the chief strategy officer of Sisense. Sisense is an unusual business analytics or business intelligence (BI) startup, and Guy is an unusual, well, guy. Before becoming a CSO, Guyâs career included being a CTO, VP of Product, a PhD in physics, a sommelier, and more. So he brings a wealth of expertise and perspective to his job and to this conversation. We talk about what strategy means and what it means for a startup; we talk about how startups take risks; we talk about the methods for strategy; and how the job of a strategist gets done. But we also talk about AI and the singularity, what it means to think for a living , we of course talk about SciFi- but also the role SciFi plays in exercising our minds. Guy says that for him being a good strategist is all about curiosity. For M4Edge listeners, that should be a familiar refrain. Enjoy the episode and Thanks for Being Curious.
Thank you to MyIpadRocks for their review on Apple Podcast. They wrote that M4Edge has an âexceptional list of guests and are on the cutting edge of thought leadership on how the use of data and manufacturing technology is evolving.â Thanks MyIPadRocks! Please write us a review, and we promise to read our favorite on the show and give you a quick shoutout for your troubles. These reviews do help, so please add yours.
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Our miniseries on startups strategy continues today with Ron Carucci. Ron is a renowned strategy consultant with three decades of experience in large and small companies, and currently he is the owner and managing partner of his own strategy consulting outfit, Navalent. Ron is also a Harvard Business Review contributor, and a TED speaker.
Through the lens of his extensive experience, Ron shares his views on the different strategic challenges that companies face, starting from some very basic questions:When and how does a company realize that its strategy no longer works and needs to be revamped? What are the classic blind spots, the cognitive biases if you will that can prevent a company from realizing that the strategy is no longer on track?
We discuss with Ron the best techniques to identify and tackle the key challenges, and the tricks needed to bring everyone on board. We discuss the most typical transformational challenges that companies face, and how they can different across industries and between start-ups and larger companies. We also discuss how the COVID-19 pandemic and the current focus on social issues can further complicate corporate strategy, and how companies can adapt and respond.
Companies today face unprecedented uncertainty across multiple, inter-related dimensions: the pandemic, economic disruption, geopolitical turmoil, and accelerating innovation. Developing a well-designed and flexible strategy has never been more important, and itâs never been harder. Ron has seen it all; listen to his advice.
Enjoy the episode and thanks for being curious!
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Today we kick off a new, special miniseries on strategy. Weâll unpack the different aspects of business strategy that a startup needs to develop, discuss how strategy evolves through time as a start-up goes to market and starts to grow, and talk about how strategy for a startup differs from strategy for a large corporation.
We wanted to go well beyond our own strategy experience and expertise, and bring you a wide range of different viewpoints and fields of expertise. So we have assembled an incredibly diverse set of guests for this series.They include Sue Siegel, former Chief Innovation Officer at GE as well as the CEO of GE Ventures; Ron Carucci, a top strategy consultant, Harvard Business Review contributor, and TED speaker; and Guy Levy-Yurista, Chief Strategy Officer for tech startup Sisense. And, today's guest, who is just waaay too cool for us, Elma Beganovich.
A crucial aspect of a start-up strategy lies in identifying your target customer base, understanding it and knowing how to reach it. So we were delighted when Elma accepted our invitation. Elma is the Co-founder and COO of Amra & Elma, a digital marketing agency she co-founded with her sister. Elma and Amra are two influencers with an impressive stack of academic credentials (a JD and LLM, in Elmaâs case), and have worked with several top large companies as well as start-ups. We discuss influencer marketing, how to successfully develop brand recognition and how to build an effective PR strategy. We also delve into the challenges and changes brought about by the pandemic, and how companies can best adapt.The broad range of perspectives we bring you in these four conversations will show you what YOU need to develop a successful strategy â and to identify the companies most likely to succeed in this new environment. Weâve learned a lot in these four episodes, and hope youâll enjoy them too!
Thanks for being curious! -
Our guest today is Sandeep Ahuja, co-founder and CEO of Cove Tool. Sandeep has been named to the Forbesâ prestigious âThirty Under Thirtyâ list; the recognition has given her a great boost in exposure and credibility, but it can prove to be a mixed blessing in the construction industry, as you will hear. Sandeep founded Cove Tool to help fight climate change, and here are the two numbers she wants you to focus on: worldwide, buildings account for about 40% of energy consumption and carbon emissions, and yet about 50% of buildings are designed without even thinking of energy efficiency. Why? Mainly because addressing energy efficiency in construction is devilishly difficult. So Sandeep developed a web-based platform that helps optimize energy efficiency in a holistic way, taking into account all the elements that contribute to a buildingâs energy consumption; and it helps identify the most cost-effective way to reach specific energy-efficiency targets. Whatâs more, Cove Tool is accessible to pretty much anybody, not just big firms but small contractors, individual homeowners. We also discuss the role of generative design, the impact of regulations, the dismal state of productivity growth in the construction industry, and whether the rapid global adoption of software tools like Cove will cause buildings to look increasingly alike around the world. Sandeep has an infectious enthusiasm for transforming one of the oldest industries in the world, making for a very high-energy podcast. Enjoy the episode, share it with your friends and colleagues, mention it in your countless Zoom meetingsâŠand give us a review on iTunes! Thanks for being curious.
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M4Edge is about startups with technologies that can change how the economy functions. Thereâs very little that is as central to a functioning economy as energy, and thatâs one reason why climate change is such a deep societal problem. There are also very few industries that are as important to a growing economy as the construction industry. And so todayâs episode is one of a two-part miniseries on technologies that are aimed at the greening of the construction industry. Interestingly, both of our guests were recently named to the prestigious Forbes 30 under 30 list, for energy. Todayâs guest is Apoorv Sinha of Carbon Upcycling Technologies, or CUT. CUT takes captured CO2 and then basically stores it, but not underground, as is one popular solution, but in commercial products. In fact, the presence of the carbon in the products, like cement, for example, actually makes the products more cost effective to produce because you use less original material, and it gives the products some enhanced qualities. Itâs the trifecta. Better cost efficiency, better product, better environment. This is the kind of solution where, if it manages to scale, could be deeply impactful.
Please review our show on Apple Podcasts and please share with anyone you think might be interested!
As always, enjoy the episode and thanks for being curious! -
Our episode today is about the future of ____. We left that last part blank because you can decide for yourself. We interview Jay Rogers and Vikrant Aggarwal who are, respectively, the CEO co-founder and president of Local Motors. I could tell you that Local Motors is an automotive manufacturing company, but that would be criminally uninformative. Local Motors makes vehicles that are unusual, and makes them in an unusual way. Their marquis product, Olli, is a fully autonomous, electric vehicle shuttle bus. Their manufacturing process relies on Direct Digital Manufacturing (DDM), hybrid additive and subtractive manufacturing, and is designed around "microfactories" â hence the local in local motors. This conversation is about the future of mobility, manufacturing, work, supply chain, energy, you decide. And, on what other podcast can you get a CEO talking about Nobel winning Harry Markowitz, Michael Porter, Nassim Taleb, Oprah Winfrey and the Wolverine movies?
If you havenât yet rated and reviewed our show â Please do! It only takes a minute, and it really helps. Starting with the next episode, we'll read our favorite review left for us on Apple Podcasts, so make a it a good one.
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Today's bonus episode is about the multiple layers of uncertainty we are all facing right now. More specifically, the episode is meant to give you some insight into how M4 Strategy Garage can help your business untangle those uncertainties as you try to navigate the murky waters ahead. We have categorized the covid recovery uncertainty into five elements, and within each element have identified several variables we believe are important to monitor, in order to understand how the economy will respond to the pandemic over time. We've come up with three scenarios, which each comprising a combination of those variables in differing degrees.
Listen to the episode to get a taste of what we're thinking and how we can help you. Reach out to us for some deeper advice. Forward the episode to people at your company who you think can benefit from our framing of the uncertainty. Post the episode on social media to help us spread the word about M4Edge. Rate the episode and review the show on Apple Podcast and ... Stay Curious and Stay Safe! -
On today's episode we speak with Paul Appleby, the CEO of Kinetica. Paul has held leadership roles in some very prominent tech companies, including SAP, SalesForce and C3, and he's now at the helm a big data startup, so heâs definitely been at the center of our changing economy, and has a lot to reflect upon.
We recorded our interview with Paul in early March of 2020 and weâve delayed the release a bit because we wanted to give room for some of our M4 Corona Combatants mini-episodes to get some airtime and some of your mindshare. If youâve not checked those out, please do. Of course, as you heard in the teaser quote at the top of the episode and as youâll hear in the interview, Kineticaâs power and its platform can certainly be applied to many of the problems at hand in battling the Coronavirus.
Kineticaâs strength is its ability to take massive amounts of structured and unstructured data from diverse sources, and do the analytics in real time. Kinetica offers a glimpse into some of the imagined capabilities weâve seen in movies for years, whether itâs analyzing banking transactions on the fly or the millions of pieces of real time data flow from a fully automated traffic system to tracking the unfolding of a pandemic. As Paul says, theyâre at the crossroads of data, business and AI, and itâs an exciting place to be.
Youâll see that this is a classic M4Edge conversation. We cover a lot of ground from pandemics to terror threats to banking to dynamic supply chains, but also to what this all means for the future of work. We know youâre a curious lot, but even for us conversation really traversed a lot of ground, so buckle up.PLEASE write us a review on Apple Podcasts, it really does make a difference. And PLEASE share an episode or the show links with a friend or on social media, and help us build or community of Curious Listeners.
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