A few weeks ago, we had a great conversation about cleantech – the trend towards climate science and sustainability that’s taking startup-land by storm.
Since then, that same phenomenon has grown from a trend to an absolute goliath. Cleantech, greentech, energy tech – you can’t walk a block in Silicon Valley these days without hearing somebody talking about it.
The main problem with these types of companies should be obvious: profitability. Cleaning up the world is a good deed, but is it a good moneymaking opportunity? 99% of the time, the answer to that question is, unfortunately, ‘no.‘
Because while recent studies show that 73% of millennials will pay more for an environmentally-conscious product, that’s not quite the same thing as being willing to pay outright for good deeds alone.
Finding a startup that can do well by doing good is like finding a golden egg. It does not happen often – and when it does, the profit potential is absolutely enormous.
Yup, a golden egg is a rare and exceptional thing… and I just found one.
This tiny startup has a simple mission: to eliminate the idea of waste. They partner with some of the world’s largest brands – think Colgate, Procter & Gamble, Target, Amazon, and more – to recycle the things that nobody else in the world knows how to recycle.
I’m not just talking about different types of plastics or grease-covered pizza boxes. This is the next level. This startup developed ways to recycle cigarette butts… light bulbs… toothbrushes… wine corks… even used diapers.
When they say ‘no waste,’ they really aren’t messing around.
When I first heard that part of their pitch, I was pretty skeptical. Figuring out how to recycle a used diaper sounds awfully expensive – and who in their right mind would want to buy whatever comes out the other side of that process?
But by the time the founder of this startup was done with his slideshow, I was sold. In fact, I think I had my checkbook out on the table by the halfway point.
Because here’s the craziest thing of all…
This cleantech startup is more than just profitable. It’s a powerhouse. In 2018 alone, this tiny company raked in more than $9 million in gross profits. They even paid their shareholders a dividend last year – and you know how much I love dividends.
Personally, I think that’s a no-brainer. I’m actually a little embarrassed to say that I ever doubted them… because it ended up being one of the absolute best Private Dealroom meetings we’ve ever had.
Now, I’ve received a barrage of questions and comments from people who didn’t get the chance to attend yesterday’s meeting. And today, I’m happy to say that we’ve worked out a solution for those of you who missed it.
For an extremely limited time, we’ll be airing a rebroadcast of yesterday’s Private Dealroom meeting… but only to a small and curated audience.
Just click here to check it out.
I don’t need to remind you how important it is that you keep this a secret. The team and I have worked tirelessly to perfect our investing strategy. We don’t want just anyone to know how we operate here.
With that in mind… you’re going to need a password to attend. Today, it’s ANGELDEALS.
Once it’s over, all I ask is that you please not share what you’ve learned with anybody else. This is for your eyes only.
I hope you enjoy it as much as I did.
Until next time,