New Wave.

Is Waste The New Gold?


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Can circularity deliver on both carbon reduction and financial performance?

Today, we’re joined by Nic Gorini, Managing Partner at Spin Ventures, a fund dedicated to the circular and regenerative economy.

In this episode, Nic reframes circularity as a path to business efficiency, not just environmental good. Forget the “waste = trash” mindset. Circularity is about designing smarter systems that cut costs, increase profit, and reduce environmental impact. As Nic puts it: “Less carbon, more profit.”

Still have doubts?

Vinted, Back Market, Vestiaire Collective are all worth $1B+.

If you’re a founder building with efficiency in mind or a VC looking to stay ahead of the curve, this episode is packed with insights.

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Where to find Nic & Spin:

Spin Ventures: Spin Ventures Ltd.

House of Circularity: The House of Circularity

LinkedIn: Nic Gorini

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In this episode, we cover:

(00:00) Introduction

(01:20) Less Carbon, More Profit

(07:23) The Three Pillars of Circularity

(17:38) VC Guide to Circularity

(24:04) Are Consumers Ready?

(28:33) Can Generalists Play?

(31:26) Deep Tech + Circularity?

(34:51) Fire Questions 🔥

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Who’s next?👀

Next week, I’ll be speaking with someone who has backed 60+ founders in emerging markets, where climate resilience isn’t optional, it’s survival. We explore why VCs often overlook adaptation, and why that’s a missed opportunity for impact and returns.



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New Wave.By Hugo Rauch