OpenStar

And they've picked a key direction around energy that might not be the one that I would like them to go down.

But at the same time, you've got guys like Shane Jones who are investing in OpenStar, nuclear fusion reactors in Wellington, and huge amounts of money in geothermal.

It's great because if either of those become significant parts of New Zealand's energy system, They still need all the cars to be electric.

So therefore, there's policy that we should be able to understand now that, you know, New Zealand made energy, whatever it is, is better than foreign energy.

And, you know, you look at their pitches, and they're full of, of, like, plot holes that you can very easily criticize and, and point to reasons that they're gonna fail and, you know, gaps in the team or gaps in the business model not yet worked out or, or, you know, assumptions that are too optimistic and, and all of these things.

But it's always paired with where they are now, which is that they've overcome all of those reasons to doubt and built themselves into, into like household names in New Zealand, uh, like Dawn Aerospace and Halter and Crimson Education and Sharesies and Henry and OpenStar and all, all of these others that have sort of proved the skeptics wrong.

And I think, I think it's ultimately just that dynamic of, of every time someone sort of sees a pitch and they think, "That'll never make it," or, you know, "That's gonna fail for this reason," and fast-forward five or 10 years, that company is making it, and, you know, eventually people's minds change, and they broaden in, in what they believe is possible.

It almost perfectly fits that, you know, risk-reward curve.