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S1E10: 010 Scott Massey - GroPod: How a Bold Aeroponic Appliance is Changing the AgTech Landscape
Episode 10 • 16th August 2020 • Vertical Farming Podcast: CEOs & Founders in AgTech and CEA • iGrowNews
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Scott Massey is the Founder and CEO of Heliponix, an organization that provides consumers with the GroPod, an aeroponic appliance that can yield a full head of leafy greens on a daily basis, or sizable harvests of dwarf varieties of larger plants. Join Harry Duran, host of Vertical Farming Podcast, as he and Scott discuss the business model of GroPods, challenges Scott had to overcome as an entrepreneur and pivots Scott had to make in order to scale and sustain his business amidst a global pandemic.

Special thanks to our Season 1 Sponsor


IGS – https://intelligentgrowthsolutions.com/


Key Takeaways


00:01 – Scott expounds on his education and background, how he got involved in AgTech and hydroponics and the origin story of GroPod, his rotary-aeroponics appliance


15:41 – Scott speaks to the importance of understanding consumer habits and breaks down his business model


25:32 – Scott talks about the vital role that form, function, design and aesthetic play in vertical farming


31:51 – Scott dissects the impact the global pandemic has had on his business, his thoughts on scaling up and sustainability 


38:27 – Challenges and obstacles Scott has had to overcome as an entrepreneur


46:08 – Scott talks about what excites him the most about the future of AgTech and a tough question he had to ask himself recently


50:18 – Scott speaks to what the future holds for GroPod 


54:53 – Harry thanks Scott for joining the show and let’s listeners know where they can follow and connect with Scott and GroPod


Tweetables:


“As a young person, I realized that it’s a lot easier to build one small thing than to try and convince someone to give me funding for one big thing.” (08:22)


“I firmly believe that no amount of capital will resolve fundamental flaws in business models. Those need to be and have to be addressed before you talk to those investors because it creates expectations of liquidity and profitability that if you’re anything but delivering on those deadlines, you have failed your fiduciary commitment to the investors who bought into that company.” (11:15)


“I have a lot of respect for vertical farms, but I would also make the comment that grocers are the primary beneficiary in most vertical farming models.” (23:14)


“I’m not gonna pretend that we made this decision to go directly to consumers in anticipation of any global pandemic happening. But I’m really glad we made the decision we did because I’m not interrupted. In fact, we’re having increased demand because more people want contactless food.” (31:51)


“I think there was a statistic I read in the National Resource Defense Council doing a food waste analysis in the U.S. that twenty people touched your head of lettuce before you ate it. I hope none of those people had Covid along the way or were transmissible, but that’s a real and valid concern that a consumer is going to have.” (46:40)


Links Mentioned:


Scott’s LinkedIn


GroPodOfficial Website


GroPodOfficial Twitter


GroPodOfficial Instagram


GroPodOfficial YouTube Channel


Intelligent Growth Solutions


Website | Twitter | YouTube

See omnystudio.com/listener for privacy information.

Mentioned in this episode:

2025 Precision Ag Report by iGrowNews

2025 Precision Ag Report

2025 Precision Ag Report by iGrowNews

2025 Precision Ag Report

Transcripts

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We are now in this advanced IoT automation age. Why can't we make the point

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of consumption the point

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Welcome to the Vertical Farming Podcast, weekly conversations

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with fascinating CEOs, founders, and agtech

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visionaries. Join us every week as we dive deep into the

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world of vertical farming with your host, Harry Duran.

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Vertical Farming Podcast, welcome back, episode 10. If you're new to the show, this

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is the podcast where we interview fascinating CEOs and

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founders of some of the leading vertical farming companies from around the world.

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In case you missed last week's episode, I had a great conversation

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with Andrew Carter of Smallhold, diving deep into the world of

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fungi, specifically mushrooms. If you haven't listened to it, I

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highly recommend you check it out, episode 9. This week I have the

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privilege of speaking with Scott Massey. Scott is the founder and

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CEO of Heliponics, an organization that provides consumers

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with the GrowPod. It's an aeroponic appliance that can yield a full

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head of leafy greens on a daily basis, or sizable harvests of

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dwarf varieties of larger We discussed the business model of

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GrowPods, challenges Scott has had to overcome as an entrepreneur,

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and pivots Scott made in order to scale and sustain his business

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amidst what's happening with the global pandemic. It's fascinating

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for me to have a discussion with Scott as he is a first-time CEO,

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and we talk about some of the challenges of growing the company and some of

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the things he's had to learn along the way. One of the new reviews we

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received recently was from Dr. EVS. He or

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she says, from Sweden, a new podcast addressing a rising

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industry, a nice balance of facts and people. Thank you so much for

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that kind review. If you're enjoying this episode or past

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episodes, I'd love it if you leave a rating and review at

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ratethispodcast.com/vfp.

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Okay, so let's get into this conversation with Scott. So Scott

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Massey, co-founder and CEO of GrowPod, thank you for

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joining us on the Vertical Farming Podcast. Thank you for having me. Huge fan of

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the show. Thank you so much. I know we were connected

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through, uh, was it— no, I'm trying to remember now. Who was it that connected

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us through email? I want to say it was Herb Kliegerman at iGrow

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News. Yes, that's right. He's— yeah, he's a great guy.

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Yeah. And so I thought it would be helpful, as always, this

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show has grown out of my interest and fascination with all things vertical

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farming, so just finding out what people are doing in the space has been

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fascinating and interesting. And one of the episodes we have coming up with

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is with Virginia Amory of Beta Hatch, and she's doing insect farming. So it's

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just when you just think about the idea of vertical farming, it's not a

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one-size-fits-all, and it's something I'm sure that you've seen as well. So

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maybe just start with your interest in vertical

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farming. You know, can you trace that back to a specific time when that happened

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for you? Yeah, it was kind of a series of events that I think

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ultimately brought me to the private industry side, because I originally began in the

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research realm. I was a student at Purdue University. I

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graduated in 2017, that spring semester.

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But for those 4 years beginning in 2013, I studied mechanical

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engineering technology with an entrepreneurship minor. I worked actually

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in the oil industry for 2 of those years as an intern working on

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fluid control systems and really just optimization of

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mechanical designs of large industrial equipment. And the

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purpose of this equipment was to get liquids from point point A to point B,

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regardless if it was kerosene, diesel, biofuels, it just moved the liquid.

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And, you know, that translated really well into hydroponics, particularly

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my junior year at Purdue University. Dr. Cary Mitchell,

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which is a renowned lighting horticultural expert within the indoor

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agriculture space, he was awarded

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several grants from USDA, NASA, one of the agencies among

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others, to further research isolated spectrum of

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light and its effect using plants. So the full

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spectrum, kind of like the fluorescent light bulbs ahead of us that appear white, that

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is the entire visible spectrum or most of it. And so what we were

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doing was specifically isolating individual wavelengths and

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analyzing how that affected photosynthetic rates by monitoring the amount

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of CO2 going into the chamber and oxygen leaving it. So

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if you ever heard of the McCree curve, or sometimes what's used to

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describe PAR, photosynthetic active radiation, or kind of the

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ideal wavelengths of light that plants need. We were essentially

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challenging kind of those statutes and understanding how

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wavelength and intensity affects plant growth and using those

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insights to ultimately contribute towards the decisions on lighting

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and irrigation and other aspects of growth chambers on the space

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station and actual— in human colonies that will in

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our lifetime be established on the moon and Mars, which is a really,

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really exciting thing to think about. in the future. But I wanted to

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find a way to apply vertical farming now on the short term.

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And that's basically the hand I had dealt with me. I was a student,

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I was at Purdue, I had maybe $5,000

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in my bank account at most earned from my internship. I was

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not primed to start a business by any means. But what I did gain

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from that research study was just a complete fascination, much

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like your own experience in reading the chapter in the book, in Abundance, about this,

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it's really opened my eyes to the industry. And I started applying to

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a lot of vertical farms. And I didn't hear back, or I would get

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responses that, you know, we're not really looking to hire, you know, structural

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mechanical engineers just yet. The industry is just early.

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Bottom line, there wasn't a whole lot of activity happening at that time in

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2016, '17. And I was also 21 years old

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too. So, I saw the likelihood of me just starting up a vertical

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farm out of nowhere as being close to zero or even getting

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funding for that. And that's when I think my kind of

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recognition of the limitations in the industry started becoming really apparent. I

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started thinking, okay, these guys aren't hiring, so the

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business probably isn't super successful yet.

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What are the limitations? And those more often than not came down to be

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yields, power efficiency, and maintenance. If you can

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resolve those 3 things, which pretty much defines your overhead,

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you know, profitability of your system, then that will tell you what works and

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doesn't. And so what we had came up with as students— when I

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say we, my co-founder Ivan Ball, who was my coworker on the study, he was

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the electrical computer engineer— we devised a system called rotary

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aeroponics that allowed us to increase our yields while reducing

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power consumption. And instead of thinking, what's the biggest

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form factor that this could be viable in? What's the biggest factory that we

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could get the best economies of scale? We instead asked ourselves,

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what's the smallest this can be and still be viable? So pausing

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there for a second, can you talk a little bit about the thought process? Because

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I think a lot of people initially coming into space and seeing the opportunities

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that exist at the industrial level

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and That possibility for growth for a small company is

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really exciting. I'm wondering what was going through your mind when you're thinking

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about almost like the opposite, about how do we make this smaller? One

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analogy I love, I love to make because it's, it's got

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similarities out the wazoo if you, if you really dig into it, is the

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ice industry. The ice historically, prior to like

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1900 roughly, when refrigeration was invented in the Industrial

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Revolution, you got ice once a year when it was cold enough outside.

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Climate dependency. And to me, that's not too different from the

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way agriculture is now. Of course, you can find Mediterranean climates that have those ideal

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climates year-round, but we are dependent on climate. Climate

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decides how much food there is. Climate decides how much food we can distribute.

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We are really slaves to climate. And the big breakthrough in the

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ice industry was refrigeration, but they put it in these massive warehouses, the

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bigger the better, bigger economies of scale. And what happens? They send

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out a perishable good. It melts along the way. People had ice

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chests. That was the precursor to the refrigerator, a box I would

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put a perishable good in to try and limit the perishability of the other

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things I put in the box. It was kind of this redundant cycle.

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There was a lot of people that thought, could it be a household level? There

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was a lot of people that said, no, that will never work. It's too expensive.

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It's too complicated. It's not feasible. All of those

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arguments at first were valid. They were absolutely Right. The first refrigerators were

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$20,000, adjusting for inflation. If you

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looked at the existing supply chain, why do I need a $20,000 machine when I

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could get a block of ice for a dollar? The economics don't make sense. But

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where did you get your ice this week? Did you go to the ice factory

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or did you go to the refrigerator? To me, all of the reasons why there

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were people who were skeptical about the in-home decentralized model,

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it's very easy to apply these over. I mean, You're simulating a

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climate. You're making it cold enough for water to freeze, right? And that was

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cutting edge in that industrial revolution, but we're in a biological age now.

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These LED lighting is so efficient. We can dial in the

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fertilization exactly what the nutrition needs to be. We can really

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eliminate a lot of these variables. So the technology of

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hydroponics is inherently portable. And when I make my— this next

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comment, I want to first lead with, I have immense respect for the vertical farms

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in the world. They're doing a lot of cutting-edge research that, you know, my

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introduction to the technology wouldn't have been possible had, you know, the work of

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others been done before us. But if you put it in a

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stationary facility, you limit its potential to scale. That was

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my observation on the industry. If we are now in this

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advanced IoT automation age, we have technologies

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that can replicate these environments decentralized without a skilled operator,

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present, why can't that be an appliance? Why

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can't we make the point of consumption the point of production? And I think just

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thinking about those points logically, if you can't tell, I like

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appliances. My hometown, I'm in Evansville, Indiana. At one point, this

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was known as the refrigerator capital of the USA. Whirlpool

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had its plant here, employed, I think, over 50,000 people at its

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peak. Louisville's only a few miles away. And that had

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GE's appliance manufacturing capital. So that obviously

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played a heavy influence on this. But I also, you know, as a young

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person realized it's a lot easier to build one small thing than to try and

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convince someone to give me funding for one big thing. And when it came

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down to getting funding, that was another critical aspect too.

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You know, I was young and had no capital to start the business. Well,

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universities have pitch competitions and they're amazing.

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They are the best thing I think a young person can ever engage in. It's

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like Shark Tank. You go up there, you give a pitch. Yeah, there needs to

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be some showmanship. You need to be able to woo people. I mean, if you're

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not making the audience interested, what are you doing? You're boring them. So

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we would compete at university-level pitch competitions to get grants, and

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these would be small, $5,000 to $10,000, sometimes even $20,000

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grants. But, you know, if you make that your job for a year as a

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young person when you're exclusively eligible, A lot of times these students are

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only for students. I mean, you can get like up to

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$100,000 in a year if you're aggressive enough and go after these different

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universities. So that's what we did. And we had to bring

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the prototype with us. You find that at these events, talking about

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something, that's great. Can you show it? That's better. So

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walking in with a prototype, no matter how crude it looks, but just to

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demonstrate the base functionality, it would win competition.

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So it had to be portable on that nature. Really, we

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just kind of adapted to the situation that we were in and, and

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developed a method that was able to obtain the resources that we identified as being

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critical for us to pay for patents and other foundational

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expenses that have much longer returns on investments.

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That's fascinating. And I think it sort of turns the model a little

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bit on its ear. When you think about startup companies, they initially think that I

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have to create an MVP, and then I have to go after angel investors, and

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I have to raise my first round. And, and the beauty of what you do

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is sort of boots on the ground. You know, you have to put a little

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bit more elbow grease in than a typical startup founder, but, you know, the

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beauty of that, of that approach is that everything that you— all the grants that

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you collect, you know, at the end of the day or at the end of

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the year, you're still left with full control of the company, which I think is,

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is something that's very important and something a lot of founders overlook.

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Absolutely. And a lot of founders, what I find is they put

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preconceived notations that entirely Artificially,

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it's self-manufactured why they can't be successful. You

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ask them, why aren't you moving prototype development along? Why don't you at the

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very least have one pilot customer? I mean, you can afford to put the

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prototype in a house and not charge them and just ask, do you

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like this? Is it terrible? These aren't horribly

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complicated things. I mean, even if it's your own home and your parents, I mean,

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that's at least at a minimum a starting point. Point to learn. But

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there's this strange misconception, and I'm not sure if it's this kind of

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social media era where we see the Facebooks of the world become, you know,

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unicorns almost overnight when they have those funding rounds. But companies

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like that had years of hardship where they had to refine their prototype before

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it was ever possible to do that. I firmly believe that no

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amount of capital will resolve fundamental flaws in business models.

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Those need to be and have addressed before you talk to those

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investors, because it creates expectations of liquidity events and

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profitability that if you're anything but delivering on those

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deadlines, I mean, you have failed your fiduciary commitment to the

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investors who bought into that company. That's a great comment.

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The way we actually were able to move to sales without having to raise that

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round. Now, I will say we're incredibly fortunate. The Purdue Research

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Foundation did make multiple investments into our company in the form of a

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convertible note. The first was a $25,000, and then second was a

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$50,000 later through their agriculture venture fund. But those

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were structured very similar as the other pitch competitions.

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But what I found out, and this might have been the most useful asset we

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had at the time— well, number one, I was broke. So paying for the

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prototypes, that was me. I was working night shifts delivering newspapers

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for the Exponent, which is the newspaper on Well, while I was

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working that 1 AM to 4 AM shift, I got to be pretty good friends

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with the managing editor of the newspaper. Every time we won, I made

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sure our article was in there. I didn't care if someone else wrote— they

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authored it. I don't care. That's not what I'm worried about. I just want the

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exposure. Please include mention of this accomplishment. And you'll

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find out the press copies each other like crazy. If you get one

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newspaper, you've pretty much got 5 or 10 because they just replicate it. That's great.

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And people start emailing you saying, hey, I know this is an early product. You

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educated them. They read the article. It's exciting. There's an experience happening,

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a bigger disruption. They feel like they're taking part in a revolution. People will start

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emailing you out of the blue and say, when this is ready, I want one.

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And we already had a list of 20, 30 customers before we

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graduated of just the people emailing me from that constant

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exposure. I didn't realize it at the time, but looking back on it,

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That was everything because then I was able— once we finally

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had an MVP working in our lab, I called these people up and it was

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just revenue. Give me a $500 deposit. It was a

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$2,000 appliance. Don't get me wrong, it's high priced at low

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volumes like this. It's very much a luxury appliance, but they put $500 down in

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deposit. You know, we built the trust in the publications. They knew we were

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legit. They were okay putting money into a business that had no cash flow history.

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Then I went and got a loan from Evansville

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Vectran. Actually, it's our utility company. They had a nonprofit

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that focuses on giving loans to innovative companies that would

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create high-growth jobs in the area. And so we were able to

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get a loan after that to finance the remaining inventory.

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And then we built everything ourselves in a garage and delivered the

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product to the consumers, collected the remaining $1,500 balance. And paid

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off the loan before interest was due. Only after we actually had

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paying users of the technology, we were able to listen what sucked, what was

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great, what was left to be desired on it. That

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feedback then set us up in discussions with investors. It was

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so much easier. I mean, you just speak to uncertainties unless

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you have actually put it in consumers' hands. So that's

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kind of how we started. And then from there, we were able to raise some

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capital. But basically that whole year of 2017

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was spent just competing at pitch competitions and refining the MVP to where

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it just worked, right? You can grow plants once, that's

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not really hard. Can you grow it 3 times in a row, 4 times in

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a row? Can you manage pathogen outbreaks? That's hard. Being able

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to get at least that replicatable success that you could do

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outside the lab, that was kind of the 2017 focus.

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August 2018 was then executing on those unit deliverables

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to those super early beta early adopters. So

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that's really how it started. Yeah, those early adopters are so important

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in any business. They're almost like helping you fund the business

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because they're taking a chance on you because it's something— it's a lot what we

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see in like the Indiegogo model and people— there's a

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bit of a roll of the dice because you're saying there's a chance that this

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product A, as promised, may not be delivered at all. And

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B, if it is delivered, then it may not be what was

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advertised. And, you know, I took a chance, but I think there's something to

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be said for those folks early on who believe in you and believe in your

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vision and are willing to take a chance on you because they can help validate

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and also give you that productive feedback that you mentioned on what's working

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and what's not, and which I think is so valuable, especially in those early cycles.

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I mean, I'm an engineer. So I think in functions, right?

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And to me, it seems obvious. Does the function improve the growing performance?

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Therefore, it improves the overall experience for the consumer. But until you

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understand that consumers buy emotions, not functions, you

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can just spin your wheels in place all day. So being able to actually ask,

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well, why did you buy this? You don't even know who I am. In fact,

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I had a funny story. There was one guy that lived in a neighborhood in

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Indianapolis. It's a little rougher. And I get there to deliver the device out of

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the back of my car. I didn't have a delivery vehicle. I had a very

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sorry-looking trailer on the back, dented up. And, you

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know, I pull this, you know, big appliance out. I actually called my

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co-founder and said, if you don't hear from me in an hour, call someone.

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And I knock on this guy's door and this guy's like, who are you? I'm

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like, oh, I'm Scott. I got your GrowPod. He's like, great. Just put it right

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there on my porch. Just put it there. I'm like, sir, Early adopter, white

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glove delivery experience. I'll do everything. I don't want it. Just put it on the

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porch. Like, huh, okay, well, I'm not gonna fight you, but

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here's my card. He sees the card and goes, oh, founder. I just thought you're

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an intern. And, uh, the guy tells me, let me tell you why

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I bought this. I'm diabetic and my doctor said I need

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to start eating better or I'm probably gonna die sooner.

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Pick one. And he had family members that were vegans. that were also— I don't

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know if they were diabetic, but indicated that there were similar health things going on,

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and that since they switched to mostly plant-based diet, they were a lot

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healthier. So this individual wasn't looking at it from the gardening

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experience or the better tasting food. It was

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borderline a medically influenced— I'll say it, it was a medically influenced

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decision to have higher quality food. When you start looking at this as an

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ROI as to investing into your health, It's a really

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immediate sell to the individual, and I think that's a

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really important branding consideration to take into account as

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volumes are small and productions are low and things are more expensive in their

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earlier stage. So can you talk a little bit about the model you

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decided on when trying to figure out what exactly the unit was going to

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be able to grow? You know, there's variations of what you can grow, and

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obviously the listener can see the examples on the website and see the video that

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you've created there as well. But how were you thinking about how much variety

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you were going to allow Given the constraints that you had and the space that

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you had to work with? Us, you know, we oftentimes use the phrase

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Keurig or Nespresso for food, kind of describe the

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platform. And that's the goal— have a platform and a

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database, an encyclopedia of different types of crops that you

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don't even know what they taste like. You're not in this climate, you've never even

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had these plants in your estate before, and now you can have it in your

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kitchen grown autonomously. So We knew early on that

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a big aspect of the value proposition was varieties, and keeping

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ourselves as open-ended and configurable as possible was

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critical. And there's actually lots of instances of that in agriculture. If you look

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back to like the John Deere plow or the very first tractors that were unveiled

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in the field, having variable spacing tire tracks to

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accommodate different types of crops was a huge, huge aspect

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for farmers because Really, the only thing you can do is just listen to the

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individuals. And I would hear everything. I would hear expats that maybe came from

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Korea and they wanted bok choy and specific types of herbs that they missed from

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their diet. Multiple instances of like that. Some people wanted ornamental

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flowers, things like marigolds, to get primed for their gardens. So we just learned

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early on that the system needed to be configurable, that we could ask the

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user, what do you want to grow? And then build our offering around

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that. But really our main limitations are what we can't grow. We don't do

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trees, so anything that takes a really long time, I mean,

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you can, but it probably isn't feasible or financially

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viable to do so whatsoever. Anything with a woody stem gets

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tricky. Vine crops or anything that's just massive and isn't

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compact doesn't really do well. So what grows in a greenhouse is

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usually a good indication as to what can grow well inside of a grow pod.

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And did you Did you find that you were looking to partner

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with either the folks who were creating the seeds or

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working on new variations of hybrids? You know, there's a new generation of

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crops that are being created that can actually— are made to fit in, you know,

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smaller batches of tomatoes, for example, cherry tomatoes that are more

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closely dense together. So did you have to go out and see what was

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happening in the world of small produce, I guess, so to speak? You know,

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now, yes. That's something we're very much so focusing on

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now. And that's, I got to tell you, an exciting area as a whole, because

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what is possible to grow in a greenhouse today will be very

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different 4 years from now. I'm not sure if it might even have been on

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one of your podcasts. Someone said, you know, we've had, what, 10,000,

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12,000 years to perfect agriculture in the soil. And it's like the last

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15 to 30 years we've been going indoors. There's— we haven't

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even scratched the surface of what's possible as far as selective breeding on

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crops. But early on, no, I wasn't. In fact, I'll tell you on

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some of the mistakes I made, you're gonna laugh. You're gonna think, wow, this is

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an engineering mistake. When we started supplying the seed pods initially,

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I gave people links to Amazon accounts to buy their fertilizer and

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said, hey, here's your vendor, buy it from them. And everyone's like, whoa, whoa,

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what is this? Another purchase? And I was like, yeah, it's cheaper

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there. If I buy it, I'm small volumes, I'm just gonna put them in small

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bottles, raise the price to get my margin, and then send it to you.

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Is that what you want? The answer was yes. The answer was, I want

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one box, and I don't want anything outside of this one box,

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and I don't want to have to even know what's really in the box. I

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don't want to know about macro and micronutrients. I don't want to know about

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calcium. I don't want to know about any of that stuff. I just want it

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to work. And that's when I realized this is a really unique

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experience because by enabling a non-expert on the technology,

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you're also making them dependent on your subscription offering. The likelihood

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of them branching out from that when they don't know how to is essentially

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zero. So it took those learning experiences to learn what my

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customers wanted to start then looking at the varieties. And then

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eventually, you know, we learned that a huge value proposition was getting seeds that they

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would have never had access to, some of those cutting-edge varieties that

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the general public as a whole doesn't have access to, that you sometimes need

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special relationships and licenses to even access some of those

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varieties. So it's been a learning experience for us, and it's, it's really

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exciting to see what direction that's moving towards. That's fascinating.

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It just speaks to what we were touching on earlier, the fact that you're getting

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this feedback and you think you have a preconceived notion about what it is that

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they want, and in your mind you thought you were doing something beneficial for them.

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But it also speaks to something we see, for example, on our podcast

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production side, like people want a done-for-you service. Like, they want to

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know like all the different aspects of it. They want to know what's

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involved, but they don't want to do it. So it sounds like a lot like

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for these folks, the whole allure of an

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offering like this is the fact that, to that gentleman's

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point, literally like he felt like if he— even if he left it on the

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porch, he could just plug it in and it would just do its thing, which

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is, which is I imagine the expectation for a lot of folks and the selling

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point too, because sort of like know that they don't have to Continuously

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maintain it, which is something that, you know, not everyone— most people do not

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have the green thumb, right? Yeah, and, and this is actually another reason why

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we go direct to consumer. If the value proposition of indoor agriculture is

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better tasting, more nutritious food, has, you know, essentially no

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supply chain to get there, then we need to be hearing consumers'

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feedback on that to actually validate those claims. Are they actually saying, yeah,

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this tastes better, I would like to buy more of this? Again, I have a

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lot of respect for vertical farms, but I would also make the comment that

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grocers are the primary beneficiary in most vertical farming

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models. Unless that grocer is just selling lettuce off the

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shelf, which hasn't really been seen yet,

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or to the best of my knowledge, I could be wrong. I hope I'm wrong.

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Unless that happens, the grocer is going to do what's predictably in their best

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interest and just let the produce sit on the shelf a little bit longer. It's

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just lettuce that lasts longer, has, you know, longer shelf life.

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Until that consumer knows it's coming from a vertical farm,

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there's a severe disconnect between the two. You know, one company

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that I think is interesting is Infarm. You know, they've been expanding pretty quickly.

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I haven't actually met any of the founders in that company. They're based in Europe.

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But in just the past year, they've— you know, I'm just kind of

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saying what I've read in these articles. None of this has been validated, but it

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looks like they've raised upwards of hundreds of millions of dollars, yet they're also

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scaling with major food retailers. Now, Infarm's not

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the first company to do remotely deployed container growing system.

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There's been a few of those companies out there. Now, what they do differently though

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is the consumers can see it, and it's, it's like a rotisserie chicken.

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Rotisserie chickens are sold at a loss in grocery stores, but you hear it

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sizzling. Oh yeah. You see it. Oh, the smell. You can taste

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it before you've even eaten it, and suddenly you're buying twice as much food as

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you came in to get before because you're hungry. It induces that just,

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you know, human reaction. It's really innate in us. Watching a plant

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grow, something beautiful happens in that, how an individual can

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associate themselves to it. And I think companies that understand

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that well are like IKEA. You know, there's examples of IKEA

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giving people crates and they're like, how much is this worth? Like, I don't know,

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a dollar? Yeah. And then they give them a few wood slats, a hammer and

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nails, they make it themselves, and suddenly it's a $5 crate. When you

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imprint your mark on it, you have that maker

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experience. You really drive the value of it being custom

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to you. Yeah. And I had a conversation with Andrew

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Carter of Smallhold, and they're doing mushrooms, and they're doing the displays

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in the retail stores and in the units and in the restaurants. And, you know,

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they're beautiful and they're nice to look at, and They're definitely like a selling

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point, because people come in and they see that and they're just like— it also

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educates people as well. And I think, you know, obviously, there's a huge window on

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your unit as well. So can you talk a little bit about how you started

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thinking about form and function and design and aesthetics

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as well? Because it seems to be an important part of the product. Thank you.

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Thank you for asking that. Because that's a conversation I think that does not happen

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enough in this space. There's a whole suite

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There's countertop models, which are

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largely decorative, but, you know, there is instances of them producing enough

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that it could be considered maybe useful in some circumstances.

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But when you don't control the environment around it, you're not regulating humidity,

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temperature, and other factors, you're going to get limited yields, and you're also going to

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be subject to low humidities in the winter. Like, that's going to

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adversely affect your plant growth. So being able to actually have a

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sealed environment, that is a huge distinction of a

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self-contained device. Can it regulate climate inside of its chamber?

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Check. That kind of separates, in my mind, systems that can

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operate uninterrupted throughout the year from the ones who cannot. Now, the

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ones that actually have the self-contained environmental control

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function, look at refrigerators. Perfect example.

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There's the under-the-counter model, so it's going to abide by the footprint of a dishwasher.

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It's going to fit under, meaning it's 34.5 inches tall, typically a

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24-inch width and depth. You're going to see some variability in

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that in different markets, just like how Europeans would have a different outlet size. They're

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going to have different counter heights and depths. But still, you know, it's

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constant throughout Europe. These things, like, once you understand these standards,

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they're unchanging. For whatever reason, I can't really understand it, there's a

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lot of people who've gone really close to those dimensions. But

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not exactly there. For whatever reason, there's been a disconnect

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with the appliance industry. Well, I say for whatever reason, it's difficult,

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you know, working with those sort of manufacturing supply chains. A lot of it's

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in Asia, especially right now. It's, you know, July 23rd, there's a

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pandemic ongoing, and that's disrupted many businesses,

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ourselves included, in some of our supply chain dependencies. But what we wanted to

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do was make it like an appliance. You already

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referred Yeah. And think of like a Thermador wine cooler. It's

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beautiful stainless steel, it's sleek, it matches the kick

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plate, it's uninterrupted, it's continuous, it's, it's just

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seamless in your kitchen. It matches the stove, right?

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That's the commonality here. You grow your food, then what? You prepare it on

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what appliance? And then maybe that food gets stored in a

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refrigerator or something, whatever it is, you know, there's a continuation in the

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kitchen where it It needs to look cohesive. And I mean, that's a fundamental tenet

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of any design perspective at all. So that was kind of

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our focus. We looked at existing appliance manufacturers, found ways to

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retrofit their design, and then build our product around

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the way appliances are designed. Someone explained this to me

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recently because, you know, the appliance companies, they're now looking at this industry. I don't

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know why this isn't getting more notice, but this is like potentially a monumental

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thing. If refrigerators or appliances start having the function

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of growing your food, the global implications of this

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supply chain disruption, it's almost incomprehensible. Of

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course, we're not going to be growing corn, soybean, or any other row crops in

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these. It will at most be a good complement to

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industrial agriculture for those things. But for your really

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highly perishable crops, there's no reason this can't be grown on the household level.

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Can you talk to what might be obvious for some folks who kind of look

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at the unit and then think about, you know, their own home? Obviously there's challenges

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in terms of a limited amount of real estate that you do have, so

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it might behoove you, if you haven't done so already, to start working

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with home development companies, right, who are building out

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units from scratch. And have you thought about that relationship? And

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can you speak to like that idea of people thinking it's beautiful, but I

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I literally don't know where I could put it. Right. Yeah. So we've had

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people, as its own under-the-counter appliance

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in its current embodiment right now, being standalone, we've seen

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people put it where they have available space. So sometimes that's the maid's

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closet next to the washing machine, where it's a little less out of

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sight than we would have preferred. Other times it's been in basements and garages

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and pretty far out of sight. But, you know, they're still growing. operating

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from it and having a great user experience. And other times it's in the kitchen

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and it's in that under-the-counter spot. We've had people actually make those

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modifications or luckily had available space that we could kind of

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go into. And to your point, it's, it's a challenge. You have to convince a

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user that this 4 square foot in your home would be

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better used cultivating plants than serving any other purpose.

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And if you look at our demographic, people in high

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urban densities and climates where they cannot grow, that can

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be a hard challenge to get across sometimes to explain

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that, hey, in this apartment, that's maybe 1,000 square feet, you're paying how many thousand

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dollars per month, right? The opportunity cost goes up. But

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what I can say now is, you know, kind of back to the appliance companies,

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we're aware of who the stakeholders are that are necessary in our industry. And,

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and what I foresee is a merger of sorts, that I think will

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consolidate some of these appliances and help eliminate the need to have a

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standalone device. I think that is a critical adoption

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factor for this to reach a mass market and really kind of diverge from its

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current niche status. Do you see an opportunity or is there any

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interest in using all the work that you've done? Because when you think of

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refrigerator, you can think of maybe a small leap to commercial refrigerator. So

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do you think about that sometimes, maybe smaller restaurants who could see A

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double-sized unit of this or something that would fit in their space? That's a few

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points there. So we have been in at least a restaurant owner's home

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before and also several schools. So those beta models, we actually

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donate them all once they've kind of reached their lifecycle. Most of those were hobbyist-grade

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components on the sensors and stuff, so they weren't really even designed to work this

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far, but they still worked to limited capacity. So we gave them to schools

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so they could just kind of have the charitable learning experience associated with it. There

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are some in the space that focused only on schools, and their value

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proposition is very different. It's not necessarily yield data. It's

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more so maybe like interaction, visibility,

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maybe if there's enough plants for everyone to hold and kind of dissect sort of

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thing. It's a slightly different performance grade. Now, the

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pandemic shut those down. Those who had schools and

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restaurants and businesses as their clients are having a really Really

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hard time right now. And I'm not going to pretend that, you know, we

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made this decision to go directly to consumers in anticipation of any, you know,

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global pandemic happening. But I'm really glad we made the decision

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we did because I'm not uninterrupted. In fact, we're having increased demand

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because more people want contactless food. I mean,

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just China is a perfect example. The amount of people that use meal

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deliveries there prior to the pandemic This is an anecdotal

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assumption. I haven't done the research in depth yet, but I understand it to be

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maybe 1 in 4 people used food delivery there, and now it's like

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90%. Wow. That's like 1.5 billion people. What

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percentage of the world just switched to virtual food deliveries? And what's

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the one food item that's really hard to ship because it's perishable? It's produce.

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So, I mean, if growing produce in the home can close that gap and we're

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going in this irreversible and inevitable transition to

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food digital fulfillment. To me, I think it complements that model

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really well. To your point about scaling up, something interesting

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about the ice industry analogy is that there was never a

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single ice factory that sold a refrigerator, and there wasn't a single

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ice harvester that made an ice factory. They sometimes call that

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entrepreneurial Darwinism. I've heard that term before. They have a really

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hard time understanding how this existing infrastructure doesn't

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fit into this new model that's being proposed. It's— they just aren't

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compatible. So could we scale up? Absolutely.

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But we're really content with where our margins are now. There hasn't really been a

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need to do so. Now, that being said, are we opposed

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to licensing intellectual property and working with partners in commercial

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productions? Absolutely. I think it would be a great relationship.

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And that's actually a larger system is something that we've built internally

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and experimented with. So we could very well move into that B2B

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segment very soon. It's just a matter of ordering a little bit more

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material to make it taller, and that's it. The architecture,

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if anything, is overbuilt for a business because you

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have to be so much more autonomous and so much more robust and branded in

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your packaging to deal with consumers than you would to even do it in a

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business setting. How self-sustainable is it

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And what's the lifecycle? And is it

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sustainable in a way so that whatever software drives it or whatever maintenance would be

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required to keep it going year over year, is that some thought that's gone

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into like these later iterations of the models that it can actually run on its

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own and actually grow as you learn new things about how to

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improve the process? Yeah, absolutely. And I think we just got to thank the

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timing. Right when I was learning about the technology, LEDs were taking

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off and it was clear that they were just having such rapid leaps in efficiency

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that LED lighting was the future of indoor ag at the same

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time as cloud computing becoming widely available and

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obtainable to small companies. I mean, anyone, you don't have

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to be a computer scientist, can buy a Raspberry Pi microcontroller, you know,

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find an open source library and start hosting something on AWS and having

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low-level cloud-based IoT functionality. We were lucky that the

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stars kind of aligned right when we needed them to, to start implementing those

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sort of procedures on the system. So I'm sorry, if I can remember that

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question, it was maintenance and efficiency for sustainability? Yeah. And

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also when you think about software, it's typically driven

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by updates. So like every time my Mac, there's new updates for the Mac, you

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know, you can just run a new update on the Mac and you get the

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latest and greatest improvements. So we're cloud-based. So the device is

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constantly sucking in data, compressing that, sending it to the cloud

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algorithm executes stuff and then we're able to learn from there. So it's a

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continuous process. I mean, we're on the consumer's Wi-Fi just like their Nest

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thermostat is. And there's ways you can compress data over periods of

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time and minimize the amount of times that's pinged. But we're on home Wi-Fi.

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So, you know, data usage isn't really a concern as long as you're not reducing

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their bandwidth speed or anything like that. But as far as

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sustainability, that is a great question because that is A

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very legitimate criticism of this industry. If your power bill

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to grow your vegetables is bigger than the grocery bill for those same

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vegetables, you're not helping anyone. I mean, you're, you're arguably

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contributing to climate change. You're probably making the situation worse

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by finding this really energy-intensive way to obtain your vegetables.

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And that was a core aspect of our design for rotary

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aeroponics. We discovered that if you rotate Right. When you elevate plants on a

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vertical tower, you number one get cylindrical growth. The

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plants radiate out in every direction, which means the surface area— if you

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think of the surface area of a cylinder, it's expanding as the plants grow.

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The canopies aren't competing for space like they are on

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2-dimensional tiers. They're irradiating out. They're

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encouraging mutual growth among one another. And then you have

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the issue of lighting. Okay. 360-degree

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tower, how are you going to illuminate that? Are you going to put lights on

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all 4 sides? We tried that. It doesn't work because it's

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really bright and consumers don't like staring into the sun. It

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hurts your corneas. Yeah, you're going to see black spots. So taking in those

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kind of soft consumer points like light pollution and noise are very

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important when designing your lighting system. And then

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if you're only going to illuminate half of it, how do you get light on

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the back part of that tower, you rotate it. Hence the birth of rotary

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aeroponics. So for us, it was optimizing that power efficiency

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and also optimizing that yield to overall improve that system.

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So what we've seen is a pretty substantial increase in the overall

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grams of produce per kilowatts of hour going in. Note that I'm using

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kilowatts of hour of total power for the entire system.

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That means lights, that means your pump, your irrigation. Don't

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look at just the photons, like the lights. That's—

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you could say the HVAC probably consumes more power on most

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systems than a lot of even just the lighting does. You have to look at

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the complete system's power consumption. A lot of vertical

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farms I've seen will use what they pay per

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kilowatt-hour to say we use, you know, $2,000 worth of

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power per month. Well, okay, that— I need to

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know what you're paying per kilowatt hour, because

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citizens in the United States on average pay about 13 cents per kilowatt

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hour of energy coming through. Farms can get reduced

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agricultural energy subsidies and pay a 10th of a cent per

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kilowatt hour. So you have to be really careful to look at how

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these performance variables are being quantified to truly understand

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a comparative efficiency across systems. Yeah, it's an important distinction to

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make. And I don't know if it was intentional, but your comparison to

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rotisserie chickens sort of came full circle again. Yeah. With the

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rotating tower, I think. So Scott, can you talk a little bit

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about the challenges as an organization and as a

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young CEO? You know, what are some of the things that you've had to

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deal with? Because again, this is not only are you building a company, but you're

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also now you're responsible for growing a team. And so I'm curious as an entrepreneur

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myself, like what are some of the things you think about, about, you know, You

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did have your co-founder, but then who were the first people you need to bring

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on the team and maybe some of the bumps along the way? You know, there's

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a good book called Good to Great, and there's kind of

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those 3 variables: humble, hungry, and smart, and in that

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order. And that's what I try and practice as much as I

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can myself, and then also look for individuals that try and do

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that. So, I mean, humble, number one. I have gone to

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pitches, you know, I had I had to stand up and speak if we're going

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to compete for funding. We would have had no money otherwise. When you're in

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that early concept stage, you're going to find out that some of these

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research reports you may have even read from a university and scholarly source are

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wrong. You might find out that certain

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ranges of pH that plants grow in might be completely different than what you've

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read because what you're practicing is different than what was done in a

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laboratory or there's other variables What I'm getting at is you're going to find out

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that a lot of your assumptions were wrong early on. And the worst thing

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you can do is marry yourself to one of these things, to think that a

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certain technology is better than one another for some

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preconceived reason, or present a statistic that's

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outdated, or you might find out later is wrong. You just need to be

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accepting that you will absolutely be wrong. The only

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question is just how and what was it. That you were wrong about and then

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correcting it as you go and being able to admit that. I think that can

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sometimes be a hard thing for some people when they're also trying to

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prove they have to stay relevant and they're trying to stay

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competitive in that element, but you need to be realistic that

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if the results you're seeing are different than what you've been reading and have studied,

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then you need to identify the solution to that and you also need to enlist

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expertise. I mean, we're talking about chemistry Biological processes. This

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isn't subjective. This is a science that needs to be researched.

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You know, after humility, just being able to put your ego aside and focus on

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the bigger goal, hunger. You know, I've met a lot of

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people that were really established in their careers. Some we've worked with, some we haven't.

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But I mean, is this just another project? Is this a leapfrog from one

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startup to the other? Or do you really want to put a dent in food

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insecurity? Like, do you want to be a part of the solution that's going going

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to feed our grandchildren, if you genuinely believe that the food system

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could be greatly improved to better the world, then welcome

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aboard. We'd love to have you. Otherwise, if you don't have that fundamental

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passion, and passion cannot be taught, it's born,

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it's in the individual, then I can't influence you.

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If that passion is financial, if it's a monetary thing, if you're in it

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to get rich, I mean, there's money to be made, but it's not be

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quick. I mean, that's what I think has been a learning experience as a young

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person, that sometimes there's a preconceived notation along with any

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business industry that someone's going to get rich quick when that's not the case. It's

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going to be years of heartache and hardship before you ever

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even build something that remotely resembles value. And then the

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last thing is smart, and that's often the last thing I'm looking at.

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Are you tactically capable of doing what I need you to do.

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If you are, then great. You can be a contractor and you can do

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specific jobs. If you go beyond that and you're humble and

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hungry, then we could talk about employment. And I've made

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mistakes. You know, I think I brought on individuals that didn't fit that and we've

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had to make corrections along the way. But I've also learned that a

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small team of people who fit this mold can

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achieve more than a large team can. Because kind of going back

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to those preconceptions, like those notations where I can't do this, I haven't been funded

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yet. Yes, you can. You probably just haven't found a

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cost-effective sponsor. You haven't looked for other methods to do it.

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So just finding a small team that's very agile and

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quick, they're not afraid to make mistakes, but they learn from them even

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faster. I mean, that's what makes a small team as productive as what a

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team of 50 individuals or or hundreds of individuals can even do.

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Oftentimes, some of the bureaucracies I see surrounding hardware

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manufacturing, it's kind of shocking that they're able to make products at all.

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That's just me though. My experience is working with startups. I haven't really been in

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big corporate companies very much, but there's nothing

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wrong with being small if I can get to that. You don't need a big

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team. Automated financial tools exist. You don't really even know—

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you should be able to read a spreadsheet, but you don't have to know tax

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There's so many tools. It's easier to start a business now than it

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ever was before. Yeah. What was it like preparing for the

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TEDx talk and delivering it? You know, that was again, I think, another kind of

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cultural change for me because I was used to, hi

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sharks, here's my product sort of thing, to be a part of our

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mission. This is the revolution we're going after. And I would say the

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biggest word, if I could summarize it, is segmentation. You know, before,

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you know, people ask, what's good about it? I go, well, in the indoor ag

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industry, the power efficiencies aren't great and we're going to improve. I already lost them,

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right? No one cares about that unless you're an engineer in this

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space, right? But the ice analogy, you probably had a glass of ice

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with water this morning with your lunch that you get. And most people had

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no idea that there was such an evolutionary process that had to happen

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for them to have a refrigerator that just works, something that is, you know, a

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robot in the home. It just works. There's no emotional thing to it. It just

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works. It does what you need it to do. And framing ourselves

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as that same user experience and also making the audience aware

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of the greater inefficiencies of agriculture were things that maybe seemed a little

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obvious to me that I needed to segment ourselves in that

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same analogy. And that TED Talk, you know, it's, it's a lot more work than

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people realize. They really go through the iterative steps. Shout out to

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Wabash College for having me there. The, the gentlemen at that university were

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incredibly professional and made it very seamless and easy to get through.

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But it does require, I think, a little bit of self-discovery to figure out

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how you fit into this bigger scheme of things.

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Because, you know, again, if you're not creating a movement or a bigger platform that,

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you know, other things can be branched off, you're selling a widget, you know, a

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thing that, that kind of starts and stops there. Not a commodity,

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And it seems like it's an experience for you that

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would help you understand the power of storytelling.

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Absolutely. You know, one thing that I think kind of helped me early on learn

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a key aspect of public speaking was in my hometown here in Evansville.

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They have a cool program called Teen Court. So if a juvenile under the age

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of 18 commits a crime, they can go to juvie court or Teen Court.

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Teen Court, the jury is made up of all local high school volunteers,

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and prosecution and defense attorneys are actually high school students too. It's a real

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courtroom, a real trial, a real judge, up to 6 months house arrest and

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retribution. A number of other punishments can be thrown on. I think I lied

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about my age when I joined. I started as an 8th grader. But

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I was on the jury a few times, and then I was in the prosecution

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and defense. And another thing I realized kind of talking to the audience is,

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you know, when you hold up a piece of paper and it You're hiding behind

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it giving your speech, you know, you're talking at people, right?

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There's a difference between talking to people like what we're doing right now. I'm looking

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for feedback, like what you're not saying is just as important as what you are

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saying, your facial reactions. I mean, that is everything. And being able to actually

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look an audience in the eye and stop, maybe that person in the

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first row kind of squinted, they didn't hear what you said, you know, just those

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soft little touches can make the difference

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between That's awesome. What has you

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excited about the industry itself? And are there

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companies that you currently admire in the space also?

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Yeah, I think I already talked about a little bit, Infarm. You know, I think

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that's an interesting group. You know, again, I have never met them. I just kind

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of admire what I've seen watching from the United States, seeing this group

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solidify a lot of partnerships with grocers and actually

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benefit from the pandemic. And I don't mean that in an insensitive way, but

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people want locally sourced, fresh, clean food that they don't have to worry

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about exposure to an unnecessary amount of people.

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I think there was a statistic I read in like the National Resource Defense Council

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doing like a food waste analysis in the US that 20 people

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touched your head of lettuce before you ate it. I hope none of those people

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had COVID along the way or were transmissible, but that's a real and

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valid concern. That a consumer is going to have. And it seems like that group

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is talking the talk and actually walking it and showing that they can

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scale beyond that. And it's because, number one, they're decentralized.

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I believe they probably have an operator. I don't know the details of their system,

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but it's remotely deployed. There's not a full-time person

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just watching it. There's probably cameras in it. It has an

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IoT aspect that's inherently decentralized. A lot of the warehouses are

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having a hard time replicating it because it's not really a

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decentralized approach. It was very smart of them to invest in

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the aesthetics. And that's a new thing in the agriculture space.

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Your agricultural equipment needs to look good. People want to have it there. You don't

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want to be an eyesore. Think of like feng shui design requirements. If I

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can't see this growing, you know, it's just, it's a piece of plant

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in a clamshell. That's a good point. It's like, I heard another

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statistic statistic, like less than 1% of consumers know what hydroponics

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is. So, I mean, there's— that could be wrong, but it's

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not a lot, right? If you have to educate them on some branding on this

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thing, like that's a lot of time that people probably aren't gonna spend

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reading the label trying to understand. And on top of all that, those

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claims are highly regulated by the USDA on what you

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can and can't say, claiming that your produce is more nutritious or vice versa.

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I think those guys just do a great job not even having to explain it.

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It's obvious. I mean, it's freshness on demand. It's there.

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There's no question where it came from. There's no doubt in my mind. It

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can even be more expensive, but man, this whole thing, whatever it is, it's

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cool. I'm at least going to try this out of it. Yeah. They're selling the

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experience. Yeah. I mean, you're talking a $2, $3 head of

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greens or herbs. Like, consumers will buy that to understand what that

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experience is. And I think it has a lot to do with color. I think,

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you know, we're a very artistic people, like just animal. I mean, we see

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colors, you remember that. And I think the colors of the grow lights just

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does something psychologically that makes people really remember it. What's a

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hard question you've had to ask yourself recently? You know, I've rethought

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some of our supply chain's dependency on Asia. It's not that I, you know,

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really wanted to go to Asia, it's that a lot of industries have left the

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United States or the industries that remain are vertically integrated.

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I would have loved to have found an appliance factory here.

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This was it. I'm in Evansville. This building I'm in right now, this is an

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appliance engineering laboratory owned by old Whirlpool engineers.

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And GE, their Haier appliance research engineering office is right across

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the road there. So it's really close. These industries are vertically integrated. You

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can't just call up an appliance company and ask them to make 100 prototypes. It

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doesn't work like that. You have to go overseas to find a contract

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manufacturer that was in the business of manufacturing stuff,

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not a company that was in the business of distributing branded finished products, but

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someone that's willing to work with you at the earliest of stages.

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That was difficult, and we had to go overseas to find some of those sources.

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And to be honest with you, it's not that I regret that decision,

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but It would have been nice if I could have found closer, more

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domestic, and in hindsight, I would have been willing to pay a little bit

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more had I known that these sort of disruptions were going

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to happen. The good news is these are components, right? They're largely

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commodities. You can buy them from other people. There's no reason these things

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can't be corrected along the way. Well, Scott, thank you

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so much for sharing your story. It's really inspirational both as an

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entrepreneur and also as someone in you know, who's just getting their start in the

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vertical farming industry. I think the fact that you showed that even at a young

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age, you had the wherewithal to figure out how to bootstrap this yourself

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for that first year using the grants that you were receiving. And I think it's

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helpful for new entrepreneurs to realize that there's not one path in terms of

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getting funded and making those dreams that you have a reality. And

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so, I applaud you on that, and I'm wishing you like all the greatest

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success for GrowPod. And so, I'm wondering if just in closing, if you had a

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couple of thoughts about what the future holds for you and what you're excited about.

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You know, we've been able to identify some key stakeholders in this industry.

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You know, there's appliance companies, there's hardware. Hardware needs to be done

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right and it needs to be supported, and you need to have great expertise

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and an established brand that consumers will trust. So I see us

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having continued focus and hopefully some involvement with the appliance

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companies to work with that hardware element. We hope to continue working with

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seed suppliers, you know, the big agriculture companies. Companies have been

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pretty silent in a lot of cases as to what they're going to plan for

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vertical farms, yet we have this wildly massive potential

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market segment. So we're going to continue some of those relationship

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building and continue to have seeds brought in that aren't available to the

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larger public to drive a better user experience. And software,

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software, software, automating that experience. You don't want to get

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your hands dirty, you just want it to work like your Refrigerator. So automating that,

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that, that's everything from vision. We're talking even blockchain.

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You know, I sell you a pod, how's it grow? You know, it goes really

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deep into how sophisticated some of these algorithms can be.

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And I would say we're just on the cusp of some

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supervised machine learning. I would say the future is probably going to be

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outright artificial intelligence, probably looking at

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you as a whole, asking, Tell me about yourself.

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What's your culinary cuisine that you like?

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Do you like sweet things, bitter things? Learning about you,

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the individual, Harry, and then customizing the farm to what you

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want to eat before it's even grown. I really think that's the

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direction it's going to go. I foresee that data companies, tech companies like

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Google, Facebook, Amazon, who, by the way, are largely already

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in the indoor ag space will probably only become increasingly more involved

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to help facilitate all of those items I just mentioned. Yeah, and you

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can see increasingly in the hires of these companies, it's not

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just, you know, the standard roles of finance and

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marketing, but it's also machine learning, artificial intelligence, data

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scientists. You know, there's a lot of data to be crunched now. And I

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imagine there's no shortage of data getting returned back to you at

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HQ in Then how do you parse it? How do you analyze it?

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What do you do with it? I imagine those are questions you ask yourself on

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an ongoing basis. If I can add one thing though, you said in spite of

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being young. I would say thanks to being young. I could

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not imagine doing this if I had a family. If I had a wife and

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kid I had to support, I mean having gone 2 years without a

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payment, living at my parents' house, I wasn't just not making money, I was

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losing money. I was also putting personal money into it, right? In that time, I

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have so much respect for founders who have families and manage to do both.

Speaker:

How they do it, I don't really know. But when you're young and you

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don't have these obligations and you can stay up till 2, 4 AM working on

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something you love, do it. Do it. The

Speaker:

only person telling you you can't do it's yourself, and your university

Speaker:

wants you to do it. Most of these universities have IP policies particularly

Speaker:

towards undergrad students, you own what you create. It's not always the

Speaker:

case. You should research that. But a lot of times that's the way it is

Speaker:

and they'll give you cash. And it's not like they're just looking for a startup.

Speaker:

It's marketing for them. This is their proof like, hey, here's an entrepreneur, come here

Speaker:

to study business. It's not just an engineering school, right? They're missing out on

Speaker:

a massive marketing opportunity to promote themselves as being, you know, kind of

Speaker:

facilitating the entrepreneurial environment. So if you're young, now is the

Speaker:

time to Act. Waiting until you're out of school is foolish. The resources are

Speaker:

exclusively available to you in that timeframe. Take it while you can.

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Yeah, that's a great point and really a motivational point to close on

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to anyone that's listening and that is a young entrepreneur, whether in this

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space or any other space. Just kind of take advantage of this unique environment that

Speaker:

we find ourselves in. And like you said, it's never been easier to start a

Speaker:

company. And, you know, obviously you have to come in with some unique skill sets.

Speaker:

And a drive, which is clear that you have, Scott, and I see nothing

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but good things for you ahead. So again, congratulations on everything

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you've done so far. Where's the best place for folks to stay connected with you

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and to learn more about GrowPod? Social media would probably be our primary channel.

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We're really active on Facebook, Instagram, Twitter, and LinkedIn.

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It is GrowPod Official. That's

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G-R-O-P-O-D Official,

Speaker:

O-F-F-I-C-I-A-L. Look that up and you'll be able to find our

Speaker:

company. The company name's actually Heliponics, but we really just

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focus on the product branded name GrowPod, hence the social media handle

Speaker:

GrowPodOfficial. So give us a follow and you can see what we're growing.

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Thanks again, Scott, and we'll make sure all those links are available in the show

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notes. Have a great day. Likewise. Thank you so much for having me.

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Thanks for listening. To read the full show notes for this episode, which include a

Speaker:

summary, timestamps, and any links mentioned in this episode, please

Speaker:

visit verticalfarmingpodcast.com. There you'll find the

Speaker:

information from this episode and any past episodes. And once again, if

Speaker:

you're enjoying this show, please leave us a rating and a review at ratethispodcast.com/vfp.

Speaker:

We'll be sure to read those out on future episodes. Until we meet again next

Speaker:

week, here's to your health. Thanks for listening. To hear all

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past episodes and read the episode summaries, which includes any

Speaker:

links mentioned in the episode, as well as a full show transcription,

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visit verticalfarmingpodcast.com. There you can sign

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up for our email list to be notified when new episodes are published.

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$680 million poured into precision ag last year.

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