Is Waste The New Gold?

Listen to this episode from New Wave. on Spotify. 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.***Where to find Nic & Spin:Spin Ventures: Spin Ventures Ltd.House of Circularity: The House of CircularityLinkedIn: Nic Gorini***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 🔥***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. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit climateventuresvco2.substack.com