Why Ex-Meta CTO Mike Schroepfer Says It’s A Great Time To Build A Hard Tech Company: ‘Infrastructure Is The Moat’
Mike Schroepfer, former CTO of Meta, founded Gigascale Capital to invest in companies focused on rebuilding the physical economy, particularly in energy and hardware sectors. With a $250 million fund, Gigascale aims to capitalize on the growing demand for infrastructure driven by technological advancements, emphasizing the importance of mass manufacturing and innovative energy solutions to address supply-demand imbalances.
Mike Schroepfer's launch of Gigascale Capital highlights a strategic pivot towards investing in the physical economy, particularly in energy and industrial capacity, as AI technology advances. With a $250 million fund, Gigascale targets pre-seed through Series A investments in hardware-driven startups, recognizing a unique opportunity to leverage AI-driven cost efficiencies in physical infrastructure. This shift underscores the importance of diversifying investment portfolios to include hardware and energy sectors, which are poised for significant growth due to increasing demand and technological innovation.