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Eric McShane
@ChEMcShane
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CEO of Electroflow Technologies https://t.co/IzmZgFuLUc Breakthrough Energy Fellow
Joined June 2020
@rlacombe ppl always say “it will take 40 years” for xyz - it won’t! not with disruptive tech! entire markets get overhauled in 5-10 years now
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hey scientists YOU can change the world wanna know how? apply to 5050 🤓
The world needs 10x more scientist-founders. 5050 helps scientists and engineers become great founders and start indispensable companies. Applications open! Startups are the best way to make a real impact with research, but where do you get started? How do you know if entrepreneurship is for you? Whether you’re validating an idea or ready to build — 5050 is for you. You’ll learn what it takes to become a great founder, how to choose the right problem, technology, and market, and how to build a deep tech startup. “It’s a cheat code for starting a deep tech startup.” – @ChEMcShane, 5050 alum. • @ChEMcShane and Evan spun out of Stanford and co-founded Electroflow to tackle the lithium shortage. They’ve scaled their tech by 200x in 6 months. • @markwbudde joined 5050 as a postdoc at Caltech. Two years later, @plasmidsaurus enables scientists across all 50 states and most European countries to go much faster. • Niccolo joined as a Tesla engineer. Three months later, he co-founded Clippership and is building autonomous sailboats to decarbonize maritime shipping. • Chi and @tayshin0827 joined as postdocs at MIT. Within weeks, they spun out and are now working to enable in vivo cell reprogramming. At @fiftyyears, we’ve built deep tech companies ourselves. We’ve backed over 100 deep tech startups from the earliest stages and helped them raise over 4.6 billion dollars. We distilled everything we know about deep tech startups into 5050: a free program to help world-class scientists and engineers start indispensable companies. Phase I: Explore We’ll help you answer: How do I turn my breakthrough science into a business? What do I need to make a startup idea work? Am I ready to be a founder? You’ll learn if entrepreneurship is right for you, identify the idea to build, and pivot quickly if necessary. We’ll guide you through the early days of building in deep tech. At the end of Explore, those ready to build a startup will be invited to the next phase, Build. Phase II: Build You’ll join a cohort of fast-moving founders who will challenge you to ramp up. We’ll coach you to level up into a great founder and guide you through the early days of building in deep tech. Build will help you de-risk your technology, hit key milestones, raise a first round, and reach takeoff speed fast. Helping great scientists and engineers become great entrepreneurs is our jam. Apply / nominate! ➜
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We're honored to work with Mandrake to unlock US lithium!!
Direct #Lithium Extraction provider Electroflow Technologies, has achieved repeatable recoveries of 92% Lithium when producing Lithium Hydroxide directly from our flagship Utah Lithium Project brines: $MAN
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5050’s been a game changer! There were numerous times I heard a tip from a 5050 event and used the advice the next day at our company. It's run by former founders who really get it. 5050 is like a cheat code for starting a deep tech startup
The SaaS startup playbook doesn’t work in deep tech. “Move fast and break things” doesn’t apply when building nuclear reactors or bioengineering cell therapies. That’s why we built 5050, “a cheat code for starting a deep tech startup.” (quote from an alumni) Applications open! 5050 is a program to help scientists and engineers start indispensable companies. We’ve distilled everything we know about deep tech startups into a two phase program. Phase I: Explore We’ll help you answer: How do I turn my breakthrough science into a business? What do I need to make a startup idea work? How do I recruit a world-class team Am I ready to be a founder? We'll help you diagnose and mitigate risks and pivot quickly if necessary. At the end of Explore, those ready to build a startup will be invited to the next phase, Build Phase II: Build You’ll join a select cohort of the most high-speed founders solving massive world problems. Build will help you de-risk their technology, hit milestones, raise a first round, and reach takeoff speed faster than you think is possible. You’ll learn everything you need to know about starting a deep tech company and what it takes to become a world class entrepreneur. At @fiftyyears, we’ve backed over 100 deep tech startups, helped them raise over 5.5 billion dollars, and supported our founders in achieving many firsts: ➜ the first carbon-negative molecule factory ➜ the first cultivated meat approved in the U.S. ➜ the first microgeo satellite for internet connectivity ➜ the first in-orbit space pharma drug factory ➜ the first de novo synthesis of a 1000+ base DNA molecule ➜ and many more Whether you’re validating an idea or ready to build — 5050 is for you. Apply! ➜
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We're excited to partner with Mandrake to make the US a lithium powerhouse!
We have entered a strategic alliance with US-based Electroflow, an innovative Direct #Lithium Extraction company funded by Bill Gates' @Breakthrough Energy, to process brines from our Utah Lithium Project: $MAN
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