I forgot to do the wax party randomizer. So let's gather all the names Zach down a Frank New dice new list now you guys are all too late My stream is ahead of you. It's my stream is ahead of you All right, there's everybody's names. We could just grab them from the football list right there Let's roll it randomize it name on top after seven gets a wax party invite one two three Four five six and seven after seven times Congrats to Spot two and three That's rough. I appreciate you getting in though. Thank you But after seven only the top name can get a wax party invite happy times for Franklin there you go Frank With the spot that you won in the filler after seven times Thanks to some people reminding me in the stream. I did it Randomize it your names on top. You're in the wax party. Check out the invite list on the on our break schedule Or you can click through it on the product page For the wax party and there's a whole list of the prizes there too some nice prizes on there Frank Check out the party favors. I'm Joe for jazby's case rakes calm. I'll see you next time for the next break. Bye. Bye


Ladies and gentlemen, the President of the United States. Ladies and gentlemen, we are proud this morning to have with us a very special and distinguished guest at the 87th annual convention of the National Congress of Parents and Teachers. In PTA, we celebrate children. Our nation, more than any other in the history of mankind, has cared enough to create a system of public schools for all children. For 87 years, PTA members have worked to ensure access to education for all of the children of all of the people. And the success of that venture has done more to guarantee the dreams of the Declaration of Independence and the United States Constitution than anything else we have ever done. Ladies and gentlemen, it is a great honor to present to you the President of the United States. Thank you very much. Thank you. Thank you all very much. And thank you, Mary Ann Leveridge. I am most honored to be with all of you for your 87th annual convention.  It is a city rich in Indian and Spanish heritage. A place where we are proud to come together with a greeting, yata hei. Now I know the king of the spellers could tell us that those words are spelled Y-A-T-A-H-E-Y. Blake Giddens, would you mind standing up so we could all say congratulations, champ? Well, this is a very special day for me. I don't believe a group exists which understands better or does more than yours to safeguard the value of education for us in our country. Thanks to you, education has been the key that opened the golden door of opportunity. And just as important, it's been the faithful servant of our democracy preserving the values and the freedoms that we hold so dear. Train up a child in the way he should go, Solomon wrote, and when he is old, he will not depart from it. You in this room are the true guardians of that sacred trust. You know that good education does not begin in some faraway bureaucracy. It begins in your homes and neighborhood schools where it's the responsibility of every parent and teacher and the right of every child. I urge you, send a message to Washington D.C. and make it loud and clear. Tell them you want the basics in your schools and the parents back in charge. Tell them that education must never become a political football because your children come first and they must come first. You know, I've spoken about our need to strengthen educational institutions in America so that America can become more competitive in world markets and so we can protect our national security. Now all of us know that our schools must meet the demands of an ever more sophisticated technology. Our instruction in English, math, science and computer programming must be the best. But I hope we never lose sight of the fact that true wealth and security are born in the spirit, conscience and character of a nation. And here it is again that you parents and teachers who open the eyes and minds of our children to a proud and noble culture. You do it with literature, music and poetry and you do it another way that could never be duplicated by government. You do it by giving of yourselves. Every day in so many personal ways you show what it means to live a good and worthy life. I confess I was not as attentive as I might have been during my classroom days. I seem to remember my parents being told, young Ron is trying, very trying. But I also remember the attitudes and actions of my parents and teachers. Sometimes stern, sometimes gentle. Always they strived with quiet courage to teach us responsibility, discipline, honesty, tolerance, kindness and love. These priceless values cannot be taught from instruction manuals. We can't find them in computer printouts. We can't create them with more federal spending. They must come from the heart, from your hearts. That's the true source of good citizenship, fine people and a great country. And I just hope that you never let anyone in Washington forget it. I couldn't have been happier when I received a letter from Mrs. Leveridge in which she wrote, we think there are ways in which PTA groups around the country can work together with professional educators to upgrade curriculum and to provide assistance to parents to help their children. I also received a copy of your current contribution to help improve the quality of education looking in on your school, a workbook for improving public education. Now I hope you don't mind if I suggest that we make a little summer assignment. Let's ask parents in America to get that booklet, read it and follow up on its suggestions. Working together we can accomplish so much and we know there is so much to do. When I ran for president in 1980, I said that this country must recognize the problems in our educational system and start doing something about them. For one thing, many teachers were facing a virtual mission impossible. I noted at the time that they'd been forced to deal with negative, often destructive trends from outside their classrooms. We can only admire the dedication with which the great majority have tried to meet these problems.  It wasn't teachers who encouraged the banality of TV over the beauty of the written word. And it wasn't teachers who asked for a Washington knows best attitude that often showered them with rules, regulations and uniformity while discouraging the rich variety and excellence of our heritage. For too long, teachers have been fighting a lonely war and it's about time they got some reinforcement from the rest of us. And that's one reason I moved early in our administration to do something never tried before. We wanted a thorough no-holes-barred study that would stimulate debate and action. So we set up a bipartisan group called the National Commission of Excellence in Education. Well, as you know, the commission has just come out with its report card and it's pretty tough. And incidentally, let me interject something here. I think the commission will assure you they never heard a word from me after they were appointed. They were bipartisan and they had no interference from any level of government. About 13% of our 17-year-olds, they found are functional illiterates. Among minority youth, the rate is closer to 40%. About four-fifths of our high schoolers can't write a decent essay. Most of them do less than an hour of homework a night. In many schools, the hours spent learning how to cook and drive count as much toward a high school diploma as the time spent studying mathematics, English, chemistry, U.S. history and biology. Maybe that helps explain why verbal and math college board scores fell 50 and 40 points respectively between 1963 and 1980. Now, some people are already wringing their hands at this bad news and casting about for scapegoats. Well, I believe the report is good news. It can mobilize, energize and unify this country in a way that we haven't seen for years. Instead of worrying about whether we put together a Republican plan or a Democratic plan, can't we join together on a course of common sense for an American plan?  And let us say yes to the challenge of a national agenda for excellence that will reach every child in our land. America is no second-best nation. We came back from Pearl Harbor to win the greatest military victory in history. We came back from the shock of Sputnik to send our astronauts to the moon and bring them safely home. I believe the nation that met these great challenges can surely meet another. Let us resolve today. The United States will not only reverse its decline in college board scores, we will raise verbal and math scores at least 50 points and do it within the next decade.  Well, we could travel down that road, but it won't be a new road to education's promised land. By now, it's an old road that leads to a dead end in learning. During the 20-year period between 1960 and 1980, spending on education was shooting up and up, but by 1963 college board scores began going down and down. Total spending on education increased in that period almost 600 percent. At the federal level, spending on education increased twice as fast as spending on defense. Those who argue about the exact level of spending are missing the key point. The question I urge every concerned citizen to ponder is this. If a 600 percent increase couldn't make America smarter, how much more do we need? I believe common sense tells us we don't have an education problem because we're not spending enough. We have an education problem because we're not getting our money's worth for what we spend. Now there are some areas such as teacher salaries where new incentives are clearly needed for better pay. This can be best done at the state and local level, but there are many more areas where the agenda for excellence is not spelled more spending, but better learning. At the core of the commission's report and our agenda are two themes that I've long advocated. First, true excellence in education will require much greater emphasis on the basics. Basic skills of learning and teaching with discipline, basic standards and rewards for excellence, and basic values of parental involvement and community control. Second, to meet the demands of this fast changing world, we need also to broaden our vision of education. Education must become more than just the province and responsibility of our schools. It's also an integral part of our homes, churches, synagogues, communities and workplaces. And we must recognize that. To advance our agenda for excellence, I strongly endorse the commission's fundamental recommendations. The commission seeks to require four years of English in high school, three solid years each of math, science and social studies, and one half year of computer science. It wants more and longer school days, tighter discipline, higher goals and tougher standards for matriculation and graduation. It calls for improved preparation for teachers and better rewards for teachers who excel. And I say amen. And it asks the citizens of America, hold your educators and elected officials responsible for carrying out these reforms. And I hope you'll promise me today you'll make darn sure this will be done. The commission recognizes that school officials must take the lead in developing community support and that states and localities have the primary responsibility for school finance. We're already seeing strong evidence that the commission's report touched a nerve. All over America, it's stimulating debate and sparking action. The Florida State House has passed the commission's basics curriculum. The Board in Ypsilanti, Michigan has voted to extend their elementary school day and raise high school graduation requirements. In Illinois, high school graduation requirements are also being increased. Ditto for Washington State and also Virginia, where the School Board of Education plans to overhaul their public school curriculum this summer. As president, I intend to do everything I can to promote and enhance these reforms and to broaden the scope of education throughout our society. For example, to help reform the education system, there are areas where the federal government can make a direct contribution. Being prepared for the new era of high technology will require improved teaching of math and science, so we have proposed legislation to stimulate training of more math and science teachers. We're beginning a new program, one I'm participating in myself, to honor some of America's best math and science teachers, and our efforts go beyond math and science. Bill Bennett, our chairman of the National Endowment for the Humanities, is offering summer seminars so high school teachers can increase their teaching competence in history, literature, and the other humanities. We want to provide more opportunities for parents, so we're proposing education savings accounts to help hardworking families save for college education. As parents, we want to enable you to save up to $1,000 per year per child with no tax on the interest. I happen to believe that just as more incentives are needed within our schools, greater competition is needed among our schools. Without a race, there can be no champion, no records broken, no excellence in education or any other walk of life. Where are these? As president, I intend to do everything I can to promote and enhance these reforms and to broaden the scope of education, to help the education system, and to make a direct contribution. Where the federal government is not making a direct contribution, we can provide leadership to highlight local programs that merit special attention. Yesterday I had the great pleasure of meeting with the dynamic young governor of Tennessee, Lamar Alexander. He is pushing a simple idea, which I believe is long overdue for our country. Merit pay increases to attract and keep the very best people in the teaching profession. Governor Alexander understands why Tennessee needs these incentives so badly. He says not one state system pays one public school teacher one penny more for doing a good job teaching. He says the most important part of the system, the people in it, are encouraged toward mediocrity by low wages, lifetime contracts, little real evaluation and not one penny of pay for performance. Teachers should be paid and promoted on the basis of their merit and competence with real rewards for excellence. Rewarding personal initiative and productivity has always been our secret for success. Unfortunately, the idea of merit pay may enjoy wide support in Tennessee and across the country, but it is adamantly opposed by the leadership of the NEA, and they cling to a pay scale based on seniority and the number of college credits earned. When I spoke out for merit pay, a representative of the NEA called my statement a disgraceful assault on the teaching profession. Frankly, that surprised me because the National Commission directly addressed this issue when it said persons preparing to teach should be required to meet high educational standards and to demonstrate competence in an academic discipline. The report said, salaries for the teaching profession should be increased and should be professionally competitive, market sensitive and performance based. Salary, promotion, tenure and retention decisions should be tied to an effective evaluation system that includes peer review so that superior teachers can be rewarded, average ones encouraged and poor ones either improved or terminated. I sincerely believe the leadership of the NEA is mistaken. In all due respect, I must ask them, if we test other professionals, why shouldn't we test the people who will be responsible for teaching our children? And if we can evaluate people in other professions and reward them for superior results, why should our schools be different? We want to work with NEA's leadership, but until it relaxes its opposition to the badly needed reforms the country wants in hiring, salary, promotion and tenure, the improvements that we so desperately need could be delayed. We're trying to broaden community support for education so it in turn can more effectively serve society and strengthen democracy. We're urging corporations, community organizations and neighborhood groups across the country to adopt schools and help them meet their educational and vocational needs with funds, equipment and personnel. There's a wealth of talent, training and wisdom among the members of our communities whether it be in business, labor, the professions or the military. Learning from the achievers of America can greatly enrich the educational experience of our children. And I'm happy to say that this is spreading already just with the announcement of the Commission's report across the country. People are lining up and volunteering wanting to be of help to their local school systems. There's no barrier that can stop our climb toward excellence if good and decent people like you will it to be. But make no mistake, there remains a dark and dangerous enemy who could paralyze our progress unless we mobilize to defeat him. Together we must eliminate the specter of drug and alcohol abuse that poisons the minds and bodies of America's next generation. I deeply appreciate all that you're doing to help combat this threat. And if you'll forgive me for doing a little bragging, I think you and Nancy make a mighty fine team. I have one final request. I know this may often be laughed and sneered at in some sophisticated circles, but ours is a Judeo-Christian heritage and ours is a loving and living God, the fountain of truth and knowledge. I can't help but believe that he who has so blessed this land and made us a good and caring people should never have been expelled from our classrooms. Thank you. The First Amendment was never written to exclude religion from our schools. It says Congress shall make no law respecting an establishment of religion or prohibiting the free exercise thereof. Those words could not be more plain. George Washington warned us that of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. He added reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principle. I urge the Congress to stand absolutely firm for the right of religious freedom. Let our children begin their days as those before them did and as many of you still do with prayer. Working with you, our parents and teachers, trusting in your sound judgment and hard work, in your fairness and your faith, we can and we will climb that lofty peak to excellence in education. Clark Molinoff, a tough-minded journalist who also understands the crucial importance of parents and teachers, said it very well in a poem he wrote called Teacher. You are the molders of their dreams, heroes who build or crush their young beliefs in right or wrong. You are the spark that sets a fire upon its hand or lights the flame in some great singer's song. You are the idols of the young, the very young. You are their models by profession set apart. You are the guardians of a million dreams. Your every smile or frown can heal or pierce a heart. Yours are 100 lives, 1,000 lives. Yours is the pride of loving them, the sorrow too. Your patient work, your touch, make you the source of hope that fills their souls with dreams and make those dreams come true. Thank you very much and God bless you all.


What's better than getting that annual Happy Holidays card from your dentist? That's right, Acta Chrome Christmas 3. Today's episode is sponsored by Squarespace. Well, it's time for the third installment of An Acta Chrome Christmas. Will it be great or will it simply fade into obscurity like the rest of them? Probably the latter, but f**k it, let's do it anyway. Like we all know, the third movie in a trilogy is always the best one. Just look at The Godfather Part 3, The Matrix 3, Spider-Man 3, Alien 3, Jurassic Park 3, and of course, the zenith of cinematic greatness, Stuart Little 3. As you can probably tell, I decided to do things a little bit different this year. Of course, I picked up some Kodak Acta Chrome, but this time in Tiny Ant Size, or Super 8 as it's more commonly known. I had two cartridges and stuffed them in my Nikon R10. So, let's jump into it like a skydiver without a parachute. Here's some underexposed footage of Monica in our apartment. I guess I drastically underestimated how far I could stretch a 100 ISO film. Alright, so unfortunately one of the cartridges would soon jam up after I filmed maybe 15 seconds of footage. Insert joke about only lasting 15 seconds. The footage that should be here is a hike I did with my brother. Anyway, back to the Super 8 footage. Here's me driving my trusty forerunner to Northern California. We took Highway 101 instead of the 5 because it's more scenic and doesn't smell like cow s**t. You may have noticed our dog Baxter has slimmed down a bit. He's actually been on a year-long diet, which he isn't happy about. But he's gone from a beefy Pentex 6.7 down to a collapsible Makina 6.70. So, we're proud of the little ham. Here he is praying to airbud that we accidentally drop up high. Anyway, it was time to bake. Not the 4.20 kind, but the sugar overload kind. Here's some cookies I was forced to labor over as part of our ritualistic holiday bake sesh. Consider this my formal application for the Great British Bake Off. This is my 100 year old cat Charlie, plotting to ruin Christmas for us. The next day, we went to the beach with our son Baxter. While we were interested in the beautiful coastal scenery, he was mostly interested in eating kelp and sand. Back at the house, things were starting to feel pretty magical. Whether that was a result of underexposed ectochrome or the 6 pounds of sugar coursing through our veins, we'll never know. Every year for Christmas, my mom makes something called gooey butter cake, which is very nutritious. Not for your body, nutritious for your soul.  We got some Jagermeister for Christmas, which I've gotten every year from Santa since I was 6. So it was nice to keep the tradition alive. And of course follow up Christmas morning with Jagerbombs. So it actually rained on Christmas for us, which I was very happy to see. Hell, growing up in California, it's the closest I've come to a snowy Christmas, so I'll take it. Here's Monica, blacked out from too many Jagerbombs. Smash cut to Monica, hung over the next morning. There's my mom, eating her dog the same way she fed my brother and I while we were growing up. Real quick, before we wrap up this video, I'd like to thank today's sponsor, Squarespace. If you're a photographer looking to build a platform to display your work to impress clients, friends, family, people on dating apps, etc., then Squarespace is the way to do it. Squarespace is an all-in-one website building platform with hundreds of templates for you to select, from photography to sports to design to making corn dogs, if that's what you're into. I use Squarespace to host my photography portfolio online because every template they offer yields a very professional and sleek look, with little to no work on my end, and that's how it should be. Squarespace has a award-winning 24-hour customer service, and doesn't require any plugins, patches, updates, or knowledge of web design at all to get going. If you're ready to build a website, you can start a free trial today at squarespace.com slash grainydays. And if you use the code grainydays at checkout, you can get 10% off your first purchase. So, what did we learn from this video? We learned that ectochrome looks best in well-lit settings. Don't even try shooting that sh** in low light. Personally, I don't think I'll ever shoot 8mm ectochrome again. The dynamic range, though good for a slide film, in my opinion, just isn't on the same level as colored negative film. I'm having doubts, and frankly, I'm not sure if I'll continue to shoot 8mm in the future. It's very nostalgic, I'll give it that, but I don't think I really get much enjoyment out of the shooting experience. And with cartridge errors like this one that blank the majority of your film, I'm not going to be jumping with joy at the chance to shoot it again. So, I don't know, did you think the ectochrome looked good? If you did, tell me why in the comments. I won't respond, but go ahead and do it anyway. I hope you all had a good holiday break, and were gifted plenty of cinna still. I will see you again in two weeks.


The number one thing that we look for in founders that we want to back is that they're in a mad rush. In a mad rush to fix something. And Philip on the stage with me here today is the very definition of what that means. From the very first minute when I met Philip it was very clear that you're in a mad rush to fix climate. So what does that mean? 1.5 in 2023 was the fastest growing company in Europe. You reached a unicorn status in less than two years. If that's not a mad rush then I don't know what really is. So but first things first I'd love to start with you. Can you tell us a little bit more about you? Who are you and what led you to start 1.5? I'm Philip. I'm 40 years old. I'm father of a daughter and the second one is coming. So there's also family life in that rush. I have spent my career since 2005-06 as a startup entrepreneur in energy. I did a lot of things. Some went well, others didn't. I think the most interesting parts of the career that people can relate to is I had the privilege of building Tesla in Germany for the Model S arrival. So very early when electric cars were like a pain and nobody wanted to have them and they were really unsexy. Before Elon and Tesla was really a brand that everybody adored. So that was a really let's say a time that has taught me a lot and another company that also taught me a lot was Zonan. I was one of the managing directors and also a very early shareholder of Zonan which was one of the first battery companies that focused on solar plus batteries. So basically generate your own electricity and then store it and get independent of the grid. We scaled that company in Europe, United States and also in Australia and it was sold at some point to Shell. In this ecosystem I met a lot of great people and they are also now part of our journey at 1.5. Amazing. So for those who don't know 1.5 can you tell us a little bit more about 1.5 specifically? What is it that you do? 1.5 is I think it really started as a session in a basement with three people I really like a lot and whose opinion I value my co-founders. So I asked them to co-found 1.5 and we came up like we have all been frustrated. We worked together before at Tesla at Zonan in different stages of our careers. So we know each other also the battling times when you are stressed and in a rush. So when we were sitting down I said okay like what do we really need in Europe when it comes to clean tech and we did clean tech before and a couple of things that came to mind for us. The first one is we look at a scenario where we say what do we have to do to have an impact on climate. The problem with if you are working in clean tech you're always behind. It's like a battle you cannot really win. Like every year you look at the data and every year you hear the speeches and nothing really happens. That's how you feel and we said okay let's make a plan where we believe that we can make a difference. And we didn't know that we are going to raise a lot of money then. We were aiming for it but the plan was simple. We said okay we need to be fast because 1.5 is the name of the CO2 target of the Paris Climate Accord. So we need to be really fast. We need to have a lot of impact. So what do we do? The first thing that we came to is we said installation of heat pumps, charge points, solar systems are a pain. People still hate it. It's not sexy. It's not convenient. There's not been revolutionized. So we said we need to build a workbench, a global one that can scale really fast. And we said okay if we want to do this we believe the best way of doing it is inviting entrepreneurs to the table who are already electricians installers today who are focusing on these assets. So we said okay if we do that we could potentially scale through lots of markets very fast. Aggregate procurement power, put a new brand on it and have the platform that we need. And the second point is we said okay this would be the right to sit on the table to actually participate in this race. The second point was we wanted to innovate the way how you create such a system. So a one stop shop for all of these systems. This includes logistics software but you also map the processes of every single move of the carpenter, of the electrician, of the roofer, of the plumber and it has not been done before. So that's the second thing. We're back in the basement saying like what do you want to do? And we said if we get the money we'll try to reinvent that because nobody cares about it. Everybody cares about the product, the hardware product or maybe a software layer but nobody really wants to do the mass fulfillment. And there's a lot of cost to be saved. That was the second point and the third point we said if we get those entrepreneurs on the platform and scale like crazy. And then we reinvent the software layer which is basically a CRM and operating system for all of the things that we have to deliver. And let's assume that we make it. We will create problems in the grid. So we know from our expertise that if you scale solar you create problems also. You have peak, you have off peak. If there's no sun, there's no electricity. If there's no wind, there is no electricity. And we always, we've worked at Zonal and VPPs before and we said okay we need to connect all these assets to a platform that truly can change the energy market in a way where consumption follows production. The problem today is that we simply consume whenever we want. And solar and wind are cheap, even free, I would argue at some point if they are written off the generators. But they are not available all the time. So we basically came up with the idea and the concept is a bit older. We've invested time in that before to have a software that matches consumption, electric car, heat pump, AC, they don't consume all the time. They just go over time and connect this with the production on the production side. Like if there's lots of wind you get free electricity essentially in order to create a system that can become sustainable and working because right now there are more problems.  But this is the company we created and now we have 1,800 employees, 500 million euros in revenue this year. We are profitable, we'll make about 45 million euros in profits this year. We have created that software layer and we have connected also the VPP so we are rushing. You're definitely rushing and one thing that I love about it is whenever you talk about clean energy we sort of think about these leapfrog innovations. What I really loved about 1.5 is that first solar panel was invented in 1880. I mean that's crazy and it's literally taken a century to get it to a point where you can really roll it out to the masses. So it's really the innovation alone is not enough. You need to innovate and then you need to roll it out really quickly in a mad rush that you're doing that. But maybe then about kind of the scaling journey, working with founders I think I'm yet to hear and meet the founder who tells me that hey scaling my company was walking the park. I mean it's never walking the park. That's the bar and then there is the 1.5 bar as you said going from three founders in a garage to 1,500 employees in like two years. That's insane. How do you do that and what have been some of the worst stories along the way? I think the very honest answer to that is it is only possible because we have a team that has failed together before in other companies so we have a broader team of a couple of dozen people. We have worked together before some of these problems. How many of the people have you worked so it's the three founders who've worked together and still large share of the management team? I made a habit out of trying to take great or convince great talent to rejoin. So at Tesla we took about a dozen people from Tesla to Zonin and from Zonin we took more than a dozen people on various layers also back to 1.5 and the same goes for Tesla and for other companies that we are close with. So I think without that muscle memory and the failures of the past it would have been impossible and I think we are profiting from that and I think we are also in a unique position and timing is also key. I mean yes we are working really hard and I think we are probably one of the best teams in Europe for the purpose of what we're doing. However also timing and topic fit totally. So I would say for me this is probably I think it's not going to reappear in my career ever to be in this position and so it adds also a level of responsibility and also appreciation that this probably won't happen again. We are in a perfect spot in a perfect time with the right team and that's the only reason why we came this far and now it's more like a burden because I mean obviously we ask for a lot of money, we have promised a lot to shareholders, we are promising a lot to talent and end to customers especially to customers. The claim to live on wind and sunlight forever for free we are backing that with a performance warranty in Sweden so they will have a zero kilowatt hour bill and in Germany we're also doing something similar so I think right now we are super focused and aware of the responsibility to execute and deliver. Yeah and I also want to talk a little bit more about kind of the market in general and kind of the future of energy and back to what I was mentioning previously there is kind of two schools of thoughts. One school of thoughts says that you know we still need leapfrog innovations to still get to the net zero targets and the other school of thought says that no actually we already have enough innovation. The next step is about incremental improvements let's bring down cost increase efficiency etc etc which school of thought do you belong to? We still need leapfrog innovations or can we get there with what we have invented already today? I think the one problem about climate change is it invites opinion and it invites smart people to think of complex philosophies. We believe at one comma five we can only change what is within our own hands so we would rather and that's also something when we have discussions with developers we have now 150 software developers. The discussion is always like we focus on what we can do also one comma five as a company name is about what can we do what can every individual do that is owning a home is owning a building. So if you start talking about philosophy and start reading Nietzsche I think it's time to it would frustrate me way too much so my school of thought is let's focus on what we can do and let's go step by step to increase the impact that we have. So I would say it will need a lot more than we can give for the 1.5 degree target and also for that tipping point. I also think that human race will only learn when we really feel much more pain it's just the way it is and I think there is enough room for plenty of companies and technologies in that field. But I would focus every founder and maybe also investor to we have we don't have time so let's focus on what we can do right now and that's I think also what you meant with incremental there is a lot of things we can do right now we don't need to discuss about China. We can you know I can make sure that my home is to neutral and I can live so neutral neutral and heating and mobility and in electricity I can save money actually on it so let's do that and that's what we're focusing on.  What do you think are other kind of low hanging fruits that aspiring entrepreneurs in the audience you know if they are thinking about the business to start that could help us navigate the energy transition. What are the other low hanging fruits that someone just needs to take and execute. To be honest if you are if you really want to become an entrepreneur and or if you really want to do that first thing you need to realize there is no low hanging fruit and then then you need to really check in with how hard you really want it. You pay a price for it. The price that the team pays in lifetime that we allocate is brutal. I think slush and also other events they kind of they have a proposition of how it is to be an entrepreneur. I think most entrepreneurs who have been living through that they like to be here slush me as well and because everybody's like wow I want to be like you but to be honest in you pay a price for that and you have opportunity cost. And what makes it worth it for you. I think I'm addicted to self-impact. There are two things. If you if you understand that you can change things and then you get addicted to the idea how far you can go. So you do something and it happens and you do another thing and it also happens.  But the more more interesting thing is to have this as a group feeling. If you elevate great talent around you and they get amazed about this as well. So you can really see how they like she. She product officer. He was a working student at Tesla and driving out cars and driving back cars. He studied journalism. So he came from a completely different place. But to to to elevate the entire team and to share this feeling is for me the the true purpose and also the true connection that makes it worthwhile because that's amazing. And it's also dangerous because it's highly addictive. But it's also fun and makes it absolutely worth it. But still you have to really want it. And if you don't really want it don't do it. And it's like there is a lot of stories out there in the market about kind of Tesla and the culture and also kind of the mad rush culture. How how many things have you borrowed from that culture that you are now in implementing in the one comma five journey. I would say that the Tesla culture that I saw and I mean I'm out now for a couple of years has been a marketing fake to young talent. So you tell people you need to come work for this company and at a very low income because it's cool and you can go anywhere later. And it did work really well. So at Tesla we did this all the time. We hired we didn't hire only students we hired for sales for example. But I think what Tesla didn't do and what I also disconnected me from from the vibe was it didn't elevate people sustainably. And there was also not.  But at some point there was no sustainability in the relationships to the leadership teams as well. And that that for me was not a place where I would think that I would spend my professional lifetime. So I think you can learn a lot about Tesla. They are super especially Elon is a hundred percent fundamentalist about what you need to do. If you recognize you need to do something and start ups or founders they know they need to do this. But then they say but I don't have the means for it. So I aim here. You'll fail immediately. So what you can learn from Tesla is just aim exactly at what you need to move. And it might sound ridiculous if you tell it someone at the first time. But never ever ever ever start aiming lower because you might not get the funding whatever. But if you lower the aim you might might end up with a company that doesn't really have an impact. Right. So and that kind of that school of thought to be super clear in your master plan and super clear of what you need to really change. I think that you can learn from Tesla and be brutal about it. And for the record as an investor usually we get the business plan from founders and then you know what you always do is you haircut it by 20 30 percent because you kind of see that analogy that you know these are the targets you know you should shoot for the stars but then realistically we know that that's not going to be possible. And I just wanted to share here that I think you're one of the few founders that beats even your own really really ambitious business plan which is which I think again back to the mad rush. That's the second entrepreneur mistake. Always budget is a is a promise to your shareholder. That's it. And you need to be on a level where you don't need to need to outsell them. Like we had these questions many times from investors they're like okay this is the business plan so what do you think is realistic.  And it's also not the it's not the kind of relationship I want to have with shareholders.  At least there are always problems and external risk but at least you should draft a budget in way that you see it's a shareholder promise and you build trust with your shareholders if you do what you say and so so we will always try we will continue to try to surprise you positively. It's amazing doesn't happen that often that you're surprised on the upside but you somehow keep keep keep managing to do that. Then also going back to the markets a little bit more like day-to-day like what's your biggest frustration I mean I think no one chooses climate change like any person in the room here is obviously against that but somehow we're sleep walking into it and it somehow seems that business regulatory framework is just not adapting fast enough and when you look at the world what just kind of like really frustrates you I mean this makes no sense why are politicians what I'm frustrated with is the lack of innovation on that level because it's only one word is convenience it's it's like like you know in Germany we have a right-wing party called RFD so they say climate change is not real I want that these people still buy my product because it's better it's cheaper and better it's more convenient so I think if you have to start to make the argument if you have to put it's cool for branding to put purpose into it but I think from a product perspective we are not having smartphones because somebody told us it's wise to do it or morally right we never do what's morally right yeah I mean maybe sometimes but so I think it's very simple I mean you need to create a product where every climate change denier will still take it because it's just so much better and have to make it easy exactly so it the convenience of installation the one stop shop but also the proper proposition of the benefit like we are cutting costs so deep and so hard for the customer and yes we love that there are many customers backing us on co2 and the climate change but for lasting impact I have to decouple the benefit from ideology if you if you want to we don't want to discuss ideology we want to have a product that is so powerful that people will simply change because out of its own value it makes sense so in the end of the day we're our own worst enemies that you really only decarbonize your home if it's cheaper than your existing energy especially if you look at other you know if you look at at at non EU US countries I mean they will not have the kind of lay policy support behind this so yes absolutely and we also think that capitalism is a tool in fighting climate change I don't need to agree with principles of capitalism as a human being but I think the the change maker the only change maker I have met in my lifetime is is capitalism they capitalism has the potential to change and accelerate change dramatically and we hope that we are that there's going to be a tipping point on that when when the benefit is hitting in and where people simply will only book these kind of services and that's what we are that that's what we are building on so we want people to simply choose and our product and service and speaking of capitalism like I also know that you've chosen your investors very very carefully like I have heard you say many many times that I want mission-aligned investors I want investors that understand what we're doing why is that important to you if you had if you've been involved in venture capital firms before and you you tend as an entrepreneur to select brand so you're a bit like okay there's a big brand and they tell you that they're super cool and then you invite a shareholder to the table it's a bit like it's such an important relationship especially if it doesn't go well so I've been at the point with teams where we didn't select investors right and the wrong set of investors board members observers people that you spend a lot of time with and that you're also that have some power over you I rather don't do around or you know be limited on scale then inviting the wrong people into the family and because it really once you start discussing non-issues once you have politics in the border and the shareholder side you decrease the probability of success entirely you demotivate top-sea level staff that have exposure to shareholders so we really try to make sure to not do that and and we are very frank if we think shareholders don't understand we tell them as well I mean shareholders investors tell and found us all the time that they have decided not to invest yeah and I think it's it's money is a commodity yeah and talent isn't no it's crazy it's like I've myself as a climate investor that we all understand the need to invest in climate but at the same time there is a talk a little bit of a climate bubble that's that's kind of putting off some more generalist investors do you encounter that as well where some investors say hey I'm not even though there is a solution fantastic track record I'm not gonna invest because there is a bubble and I'm just gonna close my eyes on the bigger problem I would say there is already a bubble in climate tech because the problem is that you have e-commerce venture capitalists that understood that their LPs want to invest in something like that so they follow the taste of the LP without having the experience or the knowledge to actually understand a physical market is much more physical hardware related infrastructure related regulatory related and they just follow that trend and I think that's opportunistic but it's okay and I think it will be hard for them to really make good choices and because it's different different we are profiting now from that trend and I think that's good and obviously yeah and but we I think it's really good because I've been in a company called Zonan when there was no clean-tech money available so I think there is still room to make and I think also there will be venture capital funds that that have that experience already and that create that kind of experience and will facilitate successful companies and there are going to be some that won't which is fine amazing I think that our time is also almost up and I always like to wrap up with a call to action you can choose what that call to action is be to the investors in the room to the founders in the room and everyone in between but if there is one call to action that you can make what would that be I think the most I think the the and it doesn't matter whether you're an investor or entrepreneur manager if you're a human being and you you have you want and have to work for your income you will invest your lifetime and your awake lifetime 80% of your the time that you are awake or maybe 75% or 70 or 90 whatever and into your career and I think and what I think the choice that you all can make is if you think you first of all you need to select a topic that you really love I mean everybody's saying that when we look at climate change I would ask to if you really pretend to care look whether you are generating the biggest impact with your talent because talent is a is a very is a indicator if you pull it that can change the probability of a future scenario so if the top talent is leaving big fossil companies if the top talent is leaving investment companies that are not focusing on what's right if the talent is is leaving even a company like Google or Facebook whatever to dedicate their lifetime and their talent and and and time into this topic the probability of success will increase so I would ask everybody to just double check whether you are investing your lifetime in the most meaningful way wow that's a big call to action we only live 29,000 days give or take at least that's what I read so call to action make it count thank you Philip thank you