Building 10X more robots for American Factories: Outcomes as a service ($454 Billion Market)

How do we keep US manufacturing in America? We need to build more robots to solve more problems — $454 billion in 2028 might be lost: lost jobs and factories shut. But we have a fix here in a startup we funded called Formic. It's a fintech that is creating outcomes-as-a-service - US manufacturers get robots that save them money, and everybody wins. Fintech meets robotics is going to be one of the world's biggest markets.

Learn more about Formic and robotics as a service at https://formic.co

0:00 Our Robotic Future is here.
1:11 How robotics will shape the future
2:50 Robots are in the real world now
6:45 How Formic De-Risks Robots
15:55 China vs. U.S. Tech

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I’m Garry Tan, venture capitalist and founder at Initialized Capital. We were earliest investors in billion dollar startups like Coinbase and Instacart, and I’m a Forbes Midas List Top 100 venture capitalist in the world. We want these videos to be about helping people build world-class teams and startups that touch a billion people. Our startups have gone on to create more than $100 billion in market value so far, and Initialized has over $1B in assets under management.

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