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I totally understand the business model, but I'm betting this was a really tough pitch to VCs when SolarCity was just starting up. "We'll be lucrative by the e
by verandaguy 10y ago
I totally understand the business model, but I'm betting this was a really tough pitch to VCs when SolarCity was just starting up.
"We'll be lucrative by the early 2020s, assuming solar starts seeing widespread adoption" carries a lot more weight now than it would've a few years ago, just because of the explosion of programs and services like Project Sunroof.
- charlesdm 10y agoGiven a fund is generally liquidated after 7 years, yes. But at first glance it actually sounds like a decent model.