Why some VCs won't invest in first-time founders + $369B carve-out for climate/energy | E1528 This Week in Startups

First up on VC Sunday School, J+M cover the stigma around investing in first-time founders: Is it a myth? What are the pros and cons? What really matters when evaluating a founder? (3:01) Then, Molly interviews Jay Koh of The Lightsmith Group to break down the Inflation Reduction Act's $369B climate/energy allocation. (29:08)

(0:00) Jason and Molly tee up today's segments!

(3:01) why is there a bias against investing in first-time founders?

(15:04) OpenPhone - Get an extra 20% off any plan for your first 6 months at https://openphone.com/twist 

(16:21) Most important factors to startup success

(21:42 Jason and Molly tee up Molly's climate interview which is focused on the Inflation Reduction Act's $369B climate/energy carve-out

(27:53) MasterClass - Get 15% off an annual membership at https://masterclass.com/startups 

(29:08) Jay Koh of The Lightsmith Group joins to break down the $369B earmarked for climate/energy in the Inflation Reduction Act

(36:39) Odoo - Get your first app free and a $1000 credit at https://odoo.com/twist

(37:58) What will the $369B do for the climate VC industry?

(48:48) What will this investment do for America's standing as a global climate tech leader?