SPC: nuclear startups shouldn't raise AI-app-style seed rounds
adityaag · x · 2026-10-15
Follow-up to SPC's $200K uncapped experiment: Agarwal argues the capital stack needs rewriting — a nuclear company shouldn't raise the same seed round as an AI app. The money is positioned as no-downside fuel for exploring hard, seemingly impossible problems, after which SPC helps founders accelerate toward the right shape of downstream capital.
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