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Berkshire Hathaway (NYSE:BRK-A, NYSE:BRK-B) has usually been right when it comes to investing in long-term value creators. Among Berkshire Hathaway’s investments are a growing portfolio of companies that are in the business of geothermal power. As clean energy grows more prominent, knowing which geothermal stocks will be winners is critical. Berkshire also points out that “geothermal energy is so efficient, the only real source of energy loss comes from turbine friction.” While geothermal constitutes just 5% of renewable energy generation, the outlook seems promising. It might therefore make sense to consider some exposure to geothermal stocks. Last year, Vik Rao, former chief technology officer at Halliburton (NYSE:HAL), made an important point on geothermal energy. Rao pointed out that “geothermal is no longer a niche play. It’s scalable, potentially in a highly material way.” #energy #england #creator #companies #longterm #berkshire #value #portfolio #renewableenergy #stock ...

Many Extra Crunch readers will not have heard of China’s fastest-growing bottled beverage company: Genki Forest is a direct-to-consumer startup that started selling its sodas, milk teas and other products just five years ago. Today, its products are available in 40 countries and the company hopes to earn $1.2 billion in 2021. After closing its latest funding round, Genki Forest is valued at $6 billion. Industry watchers frequently compare the upstart to giants like PepsiCo and Coca-Cola, but founder Binsen Tang comes from a tech background, having funded ELEX Technology, a social gaming company that found success internationally. “China doesn’t need any more good platforms,” Tang told his team in 2015, “but it does need good products.” Leveraging China’s robust distribution network, lighting-fast manufacturing capabilities and a vast pool of data that enables holistic digitization, Genki Forest sells more than 30% of its products online. “Everything feels right about th...

The TechCrunch Top 3Solid Power is going public: The solid-state battery developer backed by Ford and BMW said Tuesday it would head to the Nasdaq via a merger with special purpose acquisition company Decarbonization Plus Acquisition Corp III at a post-deal implied market valuation of $1.2 billion. Andreessen Horowitz has launched its own media apparatus called Futre: The publication, funded by a16z funds, looks to provide content that doesn’t currently exist in the market and that can be created from the “unique, interesting perch” that the firm has, says Margit Wennmachers, the firm’s operating partner of marketing and Future. Good luck, a16z, and welcome to the jungle. We have a new FTC commissioner: The Senate on Tuesday confirmed Big Tech critic and prominent antitrust scholar Lina Khan as a commissioner to the Federal Trade Commission, signaling a new era of scrutiny for the tech industry. Khan was confirmed in a 69-28 vote, with Republicans joining Democrats in a rare show ...