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0.000826901874310946 0.000826901874310946 -0.000275633958103584 0.00110253583241453 -0.00912348401323032 -0.0107497243660419 -0.00964718853362738 -0.00964718853362738
Stock impact report

Former Rivian exec says ‘Every car company will become a robotics company' [TechCrunch]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: TechCrunch
Behl, who helped scale Rivian from a conference room idea in 2015 to a publicly traded EV maker, is now investing in the next wave of industrial and mobility startups, including two Rivian spinouts: Also and Mind Robotics . It's part of Eclipse's larger bet that the physical world is finally ready for the kind of disruption software saw a decade ago. Today on TechCrunch's Equity podcast, Kirsten Korosec sits down with Behl to talk about why Rivian keeps spinning out companies, what founders in the “physical world” need that software founders don't, and why automation is becoming necessary if the US wants to compete without Chinese supply chains. Listen to the full episode to hear about: Why Behl looks for founders who are both “hyper-optimistic” and grounded in reality, and why that combination is surprisingly rare, even in Silicon Valley. How vertical integration worked for Rivian but won't work for most startups today. Behl's prediction that autonomy will become “real and Show less Read more
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