Riding Unicorns: Venture Capital | Entrepreneurship | Technology
Riding Unicorns is a podcast featuring the world's best minds from venture and startups. Hosted by VCs James Pringle and Hector Mason, the show explores what it takes to build and back successful tech unicorns. Each episode features conversations with top founders, operators, and investors unpacking the strategies, challenges, and insights behind scaling category-defining companies. From fundraising and product-market fit to hiring, growth, and beyond, no topic is off-limits. Whether you're a founder, VC, angel investor, or just curious about the world of startups, you’ll find valuable takeaways in every episode.
Riding Unicorns: Venture Capital | Entrepreneurship | Technology
Inside Fuse Energy: Alan Chang on Building a $5B Energy Giant and Chasing £1B ARR
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This week on Riding Unicorns, we welcome back Alan Chang, Founder and CEO of Fuse Energy.
Since his last appearance, Fuse has scaled rapidly, reaching a $5B valuation and setting its sights on £1B ARR. In this episode, Alan breaks down what it really takes to build a full-stack energy company from scratch, and why solving energy is one of the hardest and most important challenges of our time.
We cover:
• Why lowering the cost of energy is a trillion-pound opportunity
• The reality of building in a deeply complex, regulated industry
• What it actually means to “buy the grid” and why it matters
• How Fuse has already reduced energy costs by 15%
• The next big product: plug-and-play solar and battery for every home
• Why time, not capital, is the biggest constraint in building a company
• Hiring world-class engineers and building a high-performance culture
• Lessons from Revolut and applying them to energy
• Why the best founders are obsessed with speed, not comfort
Alan also shares his mindset as a founder, why he rarely looks back at achievements, and why he’s more convinced than ever that this problem can be solved.
Clear thinking on how to build a generational company in one of the world’s most complex industries.
