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The Drop 2025 - Ripple summaries
Navigating the Transition to First-OAK (FOAK) and Nth-OAK (NOAK)
The Ripple dug into the nitty-gritty of moving new climate tech projects from “just an idea” to real-world scale. People shared how tough that very first big project is, and why getting the next ones funded is tricky but crucial for long-term success.
Big takeaways:
• Startups and investors both want value, but their goals can clash. Early talks and honest partnership are key.
• Bringing in pro advisors helps with debt, due diligence, and saving on legal pain.
• Everyone stressed that financial planning should start early, not just after the first project.
• Grant money is worth chasing, though it takes effort.
• It’s smart to plan beyond that first plant—think bigger, build a portfolio, look at future partnerships.
What stood out? The Ripple found the real challenge isn’t just building once, but building many, learning as you go, and lining up strong partners for the road ahead.
HOSTS
Adelaide Morphett
IFM Investors
Sam Hill
TDK Ventures