Hardware Podcasts

Team and TAM, the keys to investing in robotics

The Robot Report Podcast · 29 Mar 2024 · 1h 18m

What this episode covers

Jamie Lee, Managing Partner at Tamarack Global, explains the firm's investment thesis for robotics, centered on strong teams and large Total Addressable Markets (TAM), using their Series B investment in Figure AI as a primary example. He discusses why Figure CEO Brett Adcock’s prior success with Archer Aviation and his ability to secure massive compute resources from Microsoft and OpenAI made him a unique bet in the humanoid space. Lee also outlines the danger signs he looks for in pitches, such as founders solving for a solution rather than a problem, and emphasizes that commercialization success relies on leadership experience and supply chain management rather than just technical feasibility.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Figure AI, Tamarack Global, Archer Aviation, Accenture, Tesla, Agility Robotics, VM, Waymo, Cruise, MongoDB, Mujin, Pollux, Eclipse Automation, Microsoft, OpenAI
Products
Optimus
Also
Brett Adcock, Elliot Horowitz

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