YouSaid · the spoken record

Alan Chang

lines on the record: 74
first: 2026-01-05
most recent: 2026-01-05
sittings or episodes: 1
sources: podcast

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“Love to build a world where power is so cheap and abundant that any builder, AI or otherwise, don't even think about power anymore. And they can just build more. And economies start growing again as a result. That'll be great.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I'll say we do want to create liquidity opportunities for employee stockholders. And, you know, sometimes people need to buy a house, buy a car, they need to, yeah, some liquidity is helpful.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I personally don't see a need to. There's a lot of liquidity in the private markets, and obviously there's additional overhead being a listed company. The only reason I see listing is a real need is if the liquidity dries up in the private markets.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“So, you have the power incumbents, and then you have the big oil majors incumbents. If you look at big oil majors like Shell, they make a billion revenue a day, approximately”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I mean, I think the pros and cons. I think a pros, like I'd revel it, I can basically get to pick the role I wanted, right? The problems I wanted to solve. But now I give that opportunity to other leaders within the company. That means by definition, I don't get to choose the things I do.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I think if we get the timing wrong, even if you're the best team in the world, you're not going to make it. For example, I don't think Fuse could have been built 10 years ago. I think Fuse is only possible because of requirements of change, right? Because the renewable penetration, the grid is so high and the skills you need to, the ability to manage renewables is so different to how we used to generate consumed power. If you look at Revluts, Revlu is only possible because of the EMI license. And the EMI license was created just a couple years before Rebel was founded. I don't think Revlo would have been possible 10 years before 2014. So I do think timing matters. And then the second thing is talent. I think these are two prerequisites. So if you have good timing, if you have good talents, I think luck will also come.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Luckily, all my existing friends have not changed how they treat me after some success, but I have had a lot of long time from people I went to school with.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Maybe for the better, right? You stop thinking about price tags, which is good, right? You just go wherever you want, eat wherever you want. So I think it does help in a positive way. But yeah, but also then you need to think like who your friends truly are, right?”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I think having an assistant helps you save a lot of time so you don't have to waste a lot of time doing a lot of chores travel. I think flying a coach just kills your, I think it just wastes two days. I think it's worth flying business. You know, you can work on the plane and not feel terrible the day after, right? You know, traveling better, eating better and not wasting time on things outside the business. You could buy a lot of time back.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“For me, obviously, money is great, but beyond levels of personal consumption, and I personally don't spend that much money, I think it becomes a means to an end.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I think it's speed of hiring quality engineering. That's the biggest barrier. There's no capital, it's quality engineering.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“So, in terms of financial year, we increased our revenue 10x every year since inception. The first year was £2 million, so about $3 million. Second year was 20 pounds, so roughly 25, 26. And then this year we're going to end at over 200 pounds. So yeah, roughly 260.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Ultimately, I would say I underestimated the value of the company at the time because I didn't realize investors would put such a high price on it. I'll say wait for a bit longer. At the time, it was effectively the second term sheet we had. By the same time, I believe if you say you're going to do something, you should do it. And that's why we took Bulletin's term sheet, even though we could have received a better one.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“It was roughly where we were at, about 140 actually. We had an oral agreement with Bulletin. We'll take the timesheet, but we haven't signed the timesheet yet. And then later there was another investor that came and said, I will offer you a higher timesheet. We said no because we already agree with Bulletin. We'll take the timesheet.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I think they really, really like the concept. And I think what they realize is a pretty good strategy. And I realize after a lot of the investments, because it made so much money from the rebel investment, it just keep investing X-Rebel teams.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“So by the time we went to the build a full stack energy company, and we had a million bucks. So what we need for full stack energy company, we need power generation, we need a license, we need someone to help us guide for regulation, we need a qualified trader, so you need to be qualified to trade energy. And we also need a qualified electrician. So we found a single wind turbine in north of Scotland that the seller is willing to sell for 750K. We found a license for 75K. We convince the former CEO of Offgem to become an advisor with just equity and no cash. My co-founder Charles became a qualified trader and electrician. So we acquired all the skills and assets we need to build a MVP for second energy company. So my advice is I don't think you need a lot of capital. You don't need a huge C round to get started.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, I'd say, as I said before, this is very hard, the only way to do it. We're going against big, big, big energy companies with huge balance sheets, billions in revenue, only way to win is with much smaller balance sheets, much less cash, much less resources is work ethic.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I think so, but I'm talking about other people in the team. If you see a full bar downstairs, I think you're tempted. You might, oh, I'm gonna pop down for a pint, right?”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“So, first of all, it's probably the only place in London where you can keep expanding offices, so you can keep upgrading office without incurring a big penalty in a lease. Second reason it's far away from the party. If you work around here, there's this thing going on this bar, right, or this club, right? I think there's too much going on in West London. Too many distractions. Or it's concerned with there's nothing going on. It's just work and nothing else.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“So I would say many direct reports, I don't know how many. I would probably lean towards what Jensen's doing, because ultimately I don't even think of them as direct reports, right? I think of them as, you know, going back to self-guiding missile analogy, right? You don't need to manage those people. You discuss and you debate about the target, right? But once you both agree on the target, then that's it, right? You don't really have to manage them. You just monitor and make things okay, but that's about it.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I actually think there are not enough ambitious founders out there because ultimately the throughput of the company, how many parallel workshops you can take at a given time is dictated by number of great leaders you have in the company. And the zero-sum mindset would be, okay, I only have that many leaders in the company. In some cases, it could just be the founders themselves. Therefore, I'm just going to pursue these things. The expansionist mindset would be I need to hire more leaders in my company so I can pursue more. So I'll argue we in the business of expanding things. So rather than trying to play the zero-sum game, we should try and figure out ways to hire more leaders so we can pursue more.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“No, because the answer is we need to do everything. Yeah, I think as we build a company, we realize there's so many opportunities and we just need to pursue all of them”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Yes, I tell him if I think it's a bad idea, I tell Nick that he can disagree with me, and sometimes I change his mind, sometimes I don't. But I do tell him the truth.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, if it keeps giving negative feedback to person, they have improved. And I just stop bothering. They can leave the company.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“It's very important you have create a culture of truth seeking. And the truth is very ugly, might hurt someone's feelings, you should still say it because it will make that person better.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“You have to assume the person giving you negative feedback have the best intentions for you. And once you realize that, and there's nothing personal, you can take all negative feedback. Even if it's very harsh.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I would say, I don't think that's protecting, right? That's just hiding information from your best performers. Ultimately, your best performers, like they're smart, they're hardworking, they're not dumb, right? And initially, I took that feedback to hot and I was resisting at first. I thought it was unfair, right? But then I thought more about it and it made me a better person, right? So I thank him for sending me the article. What I found is like usually top performers internalizes negative feedback very well. They take negative feedback too hot and they find ways to improve. If there are people who don't take negative feedback well, I don't think they're top performers.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Excuses don't matter. If you're a leader of an area in the company, excuses don't matter. If you succeed, you get all the praise. If you fail, you get all the blame. And it does not matter why you failed.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“So I remember back was when I was at Revluts, I was explaining to Nick, I actually forgot what it was, but I failed at something. And I was trying to explain to him why I failed. Then Nick sent me this article. It was about jobs, explaining the difference between a janitor and a VP. So the story goes, if the janitor fails to collect the trash because the locks in the office was changed, jobs would say, okay, that's irritating, but that's acceptable because you're the janitor. Somewhere between a janitor and a VP, reasons stop mattering. So every single time when one of the leaders effused explains to me why they failed and they couldn't hit certain goal, I sent them this article.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Actually, for us, their expectations don't really matter. It's about their performance, either interview performance or performance in the company. And we will pay you top of market if you perform very well.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Son and all came lucky. There are questions you can ask. So I usually pitch them by the companies telling, okay, like we want to be the number one engine company, blah, blah, blah, right. I explain to them, look, you have many, many choices. You're obviously very, very talented engineer. You have many choices. You can work at any startup you want, any tech company you want. Are you really sure this is what you want to do, right? It's going to be very tough. There'll be tough times, you know, you have to constantly balance between shipping new features, fixing bugs, improving scalability of the platform. Like, why do you want to do this to yourself? Like, why are you sure you want to do this? And if they say, oh, I'm not sure, depends on the pay, blah, blah. That means they're not up for it. If they're leaning and they tell you, okay, I've been so bored and my corporate job, this is something I've been looking for, you know, for a very long time. Like I'm in, then you know, right? Now, obviously, they can lie, right? But most, I would say from my experience, they don't.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, so what you want to do is hire someone who really deeply cares about the company and about the mission, right? Someone who would stay up late to fix this bug or stay over the weekend to get this new feature shipped. Even if you hire someone very, very intelligent where they just don't care, it's also not going to work out.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“We don't really have formal PIPs. I don't believe in PIPs. It's a waste of time. Just give them a warning because most people we hire, they're already self aware, right, of where they fall short. Even before we have the rebel warning, they kind of know they're falling short already. And yeah, basically the formal warning is simply, look, we're giving you one more chance if you don't prove, you're out.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Ultimately, like to be quite B is still pretty good. A is like exceptional. So B is like this is where the bar is, right? And I would say you can still be a very solid performer if you're a B. The difference between the straight B kind of and straight A kind of simply compensation. And for straight A candidates, we have made offers that are much higher than what they make today. And even if we know that, that's okay because we want to make sure we're a no-brainer for you such that you will never think about leaving.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah, so all threshold is we will hide anything above a beat. If you guys trade bees, you still get an offer, but the offer will be much lower. And it could be below what you're making today. If you have a better offer elsewhere, like good luck to you.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Actually, we don't even look at language. So although our whole backend is in Python, we will hire any backend developer, even if they know nothing about Python. So it's a coding challenge in the language of their choice. It's system design, which is about how you architect the whole system. Problem solving, which is have they successfully solved the problem in the past, whatever that is, as well as culture fit, right? And basically, if they get, let's say, straight A's in every single one, we bid a very, very high offer.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I think first define the skill set you need. For example, for a software engineer, it could be coding skills, system design, problem solving, and as well as culture fit. So we basically find, okay, who is the best coder in the company? Who is the best assistant design? And then we assign those people to assess those skills individually. And at the end of the process, the candidate gets a grade for every single step. If they above a certain threshold, then we offer. And that's also how we decide on how much we offer, right? So as a company, we don't actually use any comb bands. We simply look at the grades and the higher the grade, the higher bit. Because ultimately we're buying skills.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I'll say very long CVs is bad. I think it should be maximum page. Like if Elon Musk can put a CV in one page, so could you. Yeah, it reminds me of your first ever CV, right? And you're trying to fill the page, and you couldn't think of anything to put. And you put you in the special skills like Microsoft Word. It's got that type of vibe”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“When I explained to the candidate about what we're trying to build at Fuse ambitions, how we want to be a number one energy company in the world, the hard work that requires to build it, like what I usually see is the body language, right? As well as the facial expression, like are they leaning in or they're leaning out? And you want to be hiring people who are leaning in.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Want to make sure there are people who are competent to lead the country, right? I want to make sure the most competent individuals are leading the country regardless of party.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I think what's key is the indexed government, because ultimately I think deregulation is you just need a will, like a very, very strong will to do it, as long as the falling governments can attract a top team around them and being advised to write regulations to look at and the delete or reform, I think we could do it.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I think a lot of people common sense are realizing we're in a bad situation what makes me optimistic is because when I speak to people, there is some common sense. Hopefully those people with common sense will elect a more sensible government in the future that will do the right thing.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Current government's heading in the wrong direction. We need deep deregulation, so it's easy to build. And there's a lot of talk about growth, but there's just talk and no action.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Talent levels in the UK is good, like ultimately higher education. I personally receive higher education in the UK. I think it's world class. And ultimately, this is the key ingredient to build anything successful. Although I'm short-term, I'm bearish on the UK, but long term I'm bullish.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“They understand the importance of energy costs, and they're just building everything. I think that's a motto economy we should follow for energy policy.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“Look at the energy price. If you look at what the Brits and Europeans pay in terms of cost per kilowatt hour, it's roughly $25 to $30. In the US, it's $10 to $15. In China, it's $8. If you look at energy per capita, US hasn't grown in the last 25 years. It's been flat. And China has gone up by seven times. And if you look at the buildout in China, right, they have truly vertically integrated energy companies run by the state from generation to the grid and distribution. And whilst in the West, like there are people debating, oh, is renewables better? Is oil and gas better? It's becoming a very political thing. In China, they built everything. In China, they deploy more solar than the all Western economies combined. In China, they deployed more gas, more coal, more grid. They've laid more cables of grid than all Western economies combined. So they're just building everything. Clearly,”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I would deregulate building anything physical. I would make it so easy for anyone to build. Number two is I'll delete all subsidies of any kind. Because the goal for energy should be as low cost as possible. A subsidy basically means it's actually not profitable to build this project, but because the subsidy is now profitable. Think about who takes that burden of that higher energy cost. It's ultimately the rate payers, right? It's you and I, it's everyone. So actually it doesn't make sense. So I'll delete all subsidies and let the free market do its thing. If it's profitable to build it, people will build it. If it's not, don't.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“And it's completely false. Let me give you like a proof point of why this is completely false. But the energy companies are offering 100% renewable energy tariffs also went up. How is that possible? If it's 100% renewable, right? I think it's the first thing. Second thing most people don't understand is power is not fungible across time and space. You have a lot of power, for example, wind power in north of Scotland that are being told to turn off because the power is not getting to where it needs to be. People are not using energy when a wind is blowing and is also not going to where it needs to be which is the big demand centers like London because the grid is not set up to do that. So yeah, these are two biggest misconceptions in energy, I would say.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“First of all, there's no slusting as harms to renewable. Just think about when the sun is shining, solar is generating, and obviously sun is not shining all the time. For wind, it's the same, right? When wind is blowing, you get wind energy, right, wind power. However, they are extremely correlated to each other. What that means is even if you overbuild solar and wind, it's never possible to cover 100% of the time to be 100% renewable because they're highly correlated. So in certain hours, you get abundant of solar and wind energy, but certain hours you basically get near zero energy, even if you overbuild. Now you can argue, okay, you can put storage in, but right now, most batteries are sub two hours. So they're actually batteries are so way too expensive for us to use to store days or even weeks without solemn wind energy. So any energy company that's claiming that Harmonizing Renewable is a complete lie. They're simply buying renewable certificates to claim that Harmonizing Renewable.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source
“I think, to be clear, I think the US also share a lot of the similar problems To the UK to a lesser extent. And also depends on what state you're talking about. For example, in State, Texas, where a lot of people say it's a home of energy, it's much easier to build compared to the UK.”
2026-01-05 · The Twenty Minute VC · 20VC: $0-$260M in Revenue in Three Years: How We Did It | You Need to Work Weekends to Win — Most Founders Aren't Ambitious Enough | The Revolut Playbook: Speed, Urgency, Extreme Ownership, and Zero Excuses with Alan Chang @ Fuse Energy · IDENTIFIED FROM THE TRANSCRIPT · source