WEBVTT - Can the Plant Microbiome Revolutionize Farming?

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<v Speaker 1>Pushkin. Let's talk about fertilizer. If fertilizer disappeared from the

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<v Speaker 1>world tomorrow, we wouldn't be able to grow enough food

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<v Speaker 1>and billions of people would die. The key ingredient infertilizer

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<v Speaker 1>is nitrogen, the most abundant element in the atmosphere. It's

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<v Speaker 1>in every breath we breathe, but plants can't get it

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<v Speaker 1>straight from the air. In the early twentieth century, people

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<v Speaker 1>figured out how to get nitrogen out of the air

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<v Speaker 1>and into ammonia, a solid form that plants can use.

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<v Speaker 1>It's called the haber Bosch process. Was an amazing breakthrough,

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<v Speaker 1>one of the key innovations of the twentieth century. But

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<v Speaker 1>getting that nitrogen out of the air and into solid

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<v Speaker 1>fertilizer is wildly energy intensive, a big contributor to climate change.

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<v Speaker 1>The process is also inefficient on the back end. Farmers

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<v Speaker 1>wind up putting tons of nitrogen rich fertilizer on their

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<v Speaker 1>soil that winds up just getting washed away. In other words,

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<v Speaker 1>it's been about one hundred years since the last big

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<v Speaker 1>breakthrough infertilizer, and we could really use another one. I'm

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<v Speaker 1>Jacob Goldstein, and this is What's Your Problem? The show

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<v Speaker 1>where I talk to people who are trying to make

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<v Speaker 1>technological progress. My guest today is Carston Temmy. He's a

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<v Speaker 1>bioengineer and the co founder and chief innovation officer of

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<v Speaker 1>Pivot Bio. Carston's problem is this, can you use modern

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<v Speaker 1>genetic tools in order to get microbes that live in

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<v Speaker 1>the soil to grab more nitrogen for crops? So how

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<v Speaker 1>how did you get into nitrogen?

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<v Speaker 2>Well? I worked on this problem as the core focus

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<v Speaker 2>of my PhD research. Graduate school, I got attracted to

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<v Speaker 2>the West Coast to study a field that was brand new.

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<v Speaker 2>It was called synthetic biology, and the premise was that

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<v Speaker 2>we now know enough from sequencing genomes and from being

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<v Speaker 2>able to apply all of the modern discoveries of the

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<v Speaker 2>technology discovered by Silicon Valley to think about microbes in

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<v Speaker 2>their DNA as a new type of programming language. We

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<v Speaker 2>could reprogram microbes to do really useful things for humanity,

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<v Speaker 2>maybe make better medications, or to be able to help

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<v Speaker 2>make more sustainable building materials. And for me, one of

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<v Speaker 2>the biggest challenges was right here at the crux of agriculture,

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<v Speaker 2>how do we make better performing fertilizer? And synthetic biology

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<v Speaker 2>offered a brand new set of tools that we might

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<v Speaker 2>be able to go tackle that problem.

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<v Speaker 1>So is it right that your first notion is to

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<v Speaker 1>essentially engineer plants so that they can grab nitrogen directly

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<v Speaker 1>out of the air, sort of a cut out the

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<v Speaker 1>middleman strategy.

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<v Speaker 2>It's been maybe an aspiration of academia of science for

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<v Speaker 2>the last fifty or sixty years really since the first tools,

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<v Speaker 2>the enzymes of genetic engineering, were discovered. It was one

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<v Speaker 2>of the two or three examples cited as a real

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<v Speaker 2>big holy grail for the field.

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<v Speaker 1>Because you could just solve the problem. You wouldn't need

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<v Speaker 1>fertilizer anything, exactly, if we could just literally the nitrogenists

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<v Speaker 1>right there in the air all around the plant, if

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<v Speaker 1>only it could grab it somehow exactly, Let's just put

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<v Speaker 1>the DNA for that enzyme into the plant, and the

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<v Speaker 1>plant can make its own enzyme, it can make its

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<v Speaker 1>own fertilizer.

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<v Speaker 2>VOILA will have solved everything.

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<v Speaker 1>Very appealing, So tell me about your your efforts toward

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<v Speaker 1>that end.

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<v Speaker 2>Well for us, these seventy years since the first examples

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<v Speaker 2>of DNA were discovered, the first enzymes from genetic engineering, collectively,

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<v Speaker 2>scientists have reverse engineered how a microbe in its DNA

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<v Speaker 2>that program for making the nitrogen producing enzyme is encoded,

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<v Speaker 2>so they reverse engineered the whole blueprint of that program.

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<v Speaker 2>I just happened to be in graduate school when we

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<v Speaker 2>had the chance to complete the final last piece of

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<v Speaker 2>that puzzle, and so we showed you could package up

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<v Speaker 2>all of the genes, all of the DNA in a

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<v Speaker 2>way that could make it transferable to a plant. The

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<v Speaker 2>challenge was that we realized it wasn't the best, most

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<v Speaker 2>efficient way to actually build a product that could change agriculture.

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<v Speaker 2>It was a great example of scientifific discovery, was a

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<v Speaker 2>great example of how to understand the beauty of nature

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<v Speaker 2>around us, and there was actually an easier way. Rather

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<v Speaker 2>than putting the whole program into a plant. We could

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<v Speaker 2>just get microbes to do more of what they're naturally

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<v Speaker 2>capable of doing.

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<v Speaker 1>Was there a moment when you realized that going straight

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<v Speaker 1>to the plant wasn't going to be the best way

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<v Speaker 1>to do it.

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<v Speaker 2>I definitely remember one day early in the days of Pivot,

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<v Speaker 2>where my co founder and I had been working on

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<v Speaker 2>some research for a grant. It had been our initial

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<v Speaker 2>funding for the company came from the bill, and momited

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<v Speaker 2>the Gates Foundation just a very tiny amount of money

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<v Speaker 2>for us to explore the possibility of this blueprint from

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<v Speaker 2>graduate school and turning that into a crop that could

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<v Speaker 2>fix its own nitrogen. And we were having this challenge.

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<v Speaker 2>We said, even if you could take the best of

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<v Speaker 2>those new tools from Crisper and apply them to this challenge,

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<v Speaker 2>it's going to be so many years before we can

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<v Speaker 2>build a crop that can fix its own nitrogen. And

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<v Speaker 2>how do we make this go faster? Because the farmers

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<v Speaker 2>around the world need a solution faster. So we were

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<v Speaker 2>walking to the coffee shop and we just stopped in

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<v Speaker 2>the middle of the kind of grassy open space between

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<v Speaker 2>our lab and the coffee shop, and we said, you know,

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<v Speaker 2>let's let's get back to the thing that inspired us most,

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<v Speaker 2>the microbes that have this capability already, and maybe we

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<v Speaker 2>can figure out what stops them from being the solution

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<v Speaker 2>and just attack that as the problems. Let's enable these

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<v Speaker 2>microbes just to do what they're already able to do,

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<v Speaker 2>but do it better.

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<v Speaker 1>So let's talk about the microbes for a minute, just

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<v Speaker 1>how they work in a state of nature. Tell me

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<v Speaker 1>about these microbes like in a world, you know, pre fertilizer,

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<v Speaker 1>non fertilizer, Like, what's going on? Where are they? What

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<v Speaker 1>are they doing?

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<v Speaker 2>Yeah, So, just like you or I have a microbiome

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<v Speaker 2>when we hear about it related to digestive health a lot,

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<v Speaker 2>and we can take probiotics, a plant has a micro

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<v Speaker 2>biome in its root system as well. And the plant

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<v Speaker 2>is part of photosynthesis, is taking some of that sugar

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<v Speaker 2>that it produces and it actually exudes it out of

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<v Speaker 2>the roots to feed the microbes in the soil, and

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<v Speaker 2>in exchange, the microbes are supposed to be doing useful

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<v Speaker 2>things like making nitrogen, or producing anti fungal compounds, or

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<v Speaker 2>helping go acquire some of the other nutrients that are

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<v Speaker 2>typically found in the rock. But the microbes can help

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<v Speaker 2>make some acids that degrade those amazing. So they're an

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<v Speaker 2>extension of the plant and its ability to survive all

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<v Speaker 2>the different types of challenges and stresses it faces while

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<v Speaker 2>it's growing.

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<v Speaker 1>And this particular microbe or probably more than one, but whatever,

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<v Speaker 1>this particular microbe or set of microbes that are you say,

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<v Speaker 1>fixing nitrogen for the plants. Like, what are they? What's

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<v Speaker 1>their deal? What do they want out of life?

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<v Speaker 2>That's the most important thing that the microbiome of the

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<v Speaker 2>crop is responsible for is is fixing nitrogen, so turning

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<v Speaker 2>nitrogen gas into ammonia and an exchange for sugar from

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<v Speaker 2>the plant. They're food source. They're doing something in return.

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<v Speaker 2>So it's a nice symbiosis that exists between the plant

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<v Speaker 2>and the microbes. And when we fertilize the soil, those

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<v Speaker 2>microbes aren't shielded from all that nitrogen that enters the soil,

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<v Speaker 2>and they sense the nitrogen in the soil and they

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<v Speaker 2>can serve their energy. They stop making the enzymes that

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<v Speaker 2>fix nitrogen. They don't give the plant any ammonia, and

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<v Speaker 2>they just consume the sugars that the plant exudes for free.

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<v Speaker 1>Because they have some whatever, some sense of equilibrium that says, oh,

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<v Speaker 1>there's enough, there's enough nitrogen in the soil. I'm going

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<v Speaker 1>to stop doing that now, that's right. That's right. And

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<v Speaker 1>in sort of a state of nature, that's fine because

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<v Speaker 1>whatever corn doesn't need to grow seven feet tall in

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<v Speaker 1>a month or whatever it does in Iowa now, and

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<v Speaker 1>it's fine and it's no problem. But in the world

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<v Speaker 1>we live in, that's the fundamental problem is, well, those

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<v Speaker 1>microbes don't fix enough nitrogen to grow the super sized

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<v Speaker 1>crops we need to grow.

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<v Speaker 2>Now, that's right. So crops go through growth sprits just

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<v Speaker 2>like we do when we're growing up, and as the

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<v Speaker 2>crop enters the kind of the middle part of its

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<v Speaker 2>life cycle, it needs to grow very rapidly before it

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<v Speaker 2>starts making the grain. And that's where the disconnect comes from.

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<v Speaker 2>The mineralization rate, the rate of just background nitrogen availability

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<v Speaker 2>from the soil can't keep up with that growth spurt.

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<v Speaker 2>That's why we need fertilizer today because we've bread crops

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<v Speaker 2>to be just so productive.

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<v Speaker 1>So okay, So you have this idea, it's an elegant idea,

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<v Speaker 1>it's an exciting idea. Do you choose as you're trying

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<v Speaker 1>to make it work, Like, do you choose a particular

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<v Speaker 1>microbe and say this is the one we're going with, Like,

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<v Speaker 1>what is the process of actually making it work well?

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<v Speaker 2>So we started Pivot in the fall of twenty eleven.

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<v Speaker 2>We started the company and some of the first things

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<v Speaker 2>we did is we wrote letters to different farmers around

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<v Speaker 2>the Midwest, friends and family, anybody who owned land, and

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<v Speaker 2>we said, hey, send us just a bucket of soil,

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<v Speaker 2>and we want to use that to discover microbes that

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<v Speaker 2>can change agriculture, and so we'd pay everybody for a

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<v Speaker 2>bucket of soil, and then we'd start growing little baby

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<v Speaker 2>corn plants seedlings or wheat plants in that soil, and

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<v Speaker 2>the plants would act like a sponge. They would attract

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<v Speaker 2>the microbes that are really important to be part of

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<v Speaker 2>their microbiome. And so when you take a seedling and

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<v Speaker 2>you uproot it, you can then take and the dirt

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<v Speaker 2>off of the roots kind of get the microbes that

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<v Speaker 2>live on the roots of that crop. And it becomes

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<v Speaker 2>a great way to take the billions of different microbes

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<v Speaker 2>that are in the soil and find just the ones

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<v Speaker 2>that have a very close symbiosis with the crop.

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<v Speaker 1>And so what do you find when you do that.

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<v Speaker 2>Well, there's always a lot of great microbes. Some do

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<v Speaker 2>nitrogen fixation, some do other types of functionality for the crop.

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<v Speaker 2>And so we had to look at the DNA of

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<v Speaker 2>all of those microbes and find the ones that have

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<v Speaker 2>the program for making this enzyme for nitrogen fixation. And

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<v Speaker 2>then we had to be able to figure out how

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<v Speaker 2>do you reverse engineer what that DNA says, How does

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<v Speaker 2>it control when that microbe operates the enzyme and from

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<v Speaker 2>that process it gave us the first microbes that really

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<v Speaker 2>could become workable for products.

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<v Speaker 1>And do you end up arriving at one microbe at

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<v Speaker 1>a suite of microbes like where do you land?

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<v Speaker 2>Well, we have dozens of different species of microbes. They're

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<v Speaker 2>all kind of distantly related that we work with today.

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<v Speaker 2>But in our products, our very first product that launched

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<v Speaker 2>in twenty nineteen, it had just one species of microbe

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<v Speaker 2>and it's actually something that in our second version of

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<v Speaker 2>the product, it's become two microbes, So two different species

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<v Speaker 2>that work together. They eat different sugars provided by the plant,

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<v Speaker 2>and they live in a little bit different parts to

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<v Speaker 2>the root system, so they work together as a team

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<v Speaker 2>to produce even more nitrogen for the crop.

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<v Speaker 1>And that first one is it for corn? Is that right?

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<v Speaker 2>It's part of our product for corn, and it's also

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<v Speaker 2>part of our second product that we launched that that

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<v Speaker 2>works on wheat. On the label you can use it

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<v Speaker 2>on sorghum, on millet, and oats, barley, sunflowers even so,

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<v Speaker 2>really something that associates with a range of different cereal

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<v Speaker 2>crops and it has a different, a little bit different

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<v Speaker 2>relationship with each of those crops.

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<v Speaker 1>So okay, So you find these few microbes that seem like, yeah,

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<v Speaker 1>these are the ones, but you need to you need

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<v Speaker 1>to change them, right. The problem is that in their

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<v Speaker 1>natural state they're not making enough nitrogen. How do you

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<v Speaker 1>get them to act the way you want int act?

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<v Speaker 2>Well, so let's dive in a little bit more on

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<v Speaker 2>that very first product. So one of our earliest team members,

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<v Speaker 2>Sarah Block, she had some farmland in the family that

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<v Speaker 2>we got a pail of soil from one of the

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<v Speaker 2>corn plants we grew had an amazing microbe living in

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<v Speaker 2>its root system. It's a species of microbe called clubs

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<v Speaker 2>Yella varicola, so a distant cousin of the Club's yellow

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<v Speaker 2>pneumona that make us sick, except this one is not virulent.

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<v Speaker 2>It is a beneficial microbe for crops, and it has

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<v Speaker 2>the capability to fix nitrogen. The challenge though, is the

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<v Speaker 2>way it's wired. It has a nitrogen sensor that it

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<v Speaker 2>makes and it's part of kind of the cell membrane,

0:13:52.636 --> 0:13:58.716
<v Speaker 2>the outer surrounding membrane around this microbe, so that when

0:13:59.076 --> 0:14:02.276
<v Speaker 2>that sensor senses any sort of nitrogen in the environment,

0:14:02.876 --> 0:14:07.196
<v Speaker 2>it stops the DNA from producing the enzyme for nitrogen fixation.

0:14:08.036 --> 0:14:09.676
<v Speaker 2>And so the very first thing we said is how

0:14:09.756 --> 0:14:12.196
<v Speaker 2>do we how do we get the microbe to unlearn

0:14:12.236 --> 0:14:15.956
<v Speaker 2>this process? How can we disrupt that wiring, the genetic wiring,

0:14:16.436 --> 0:14:17.676
<v Speaker 2>and how do we do it in a way that

0:14:17.756 --> 0:14:22.396
<v Speaker 2>doesn't require building a transgenic organism, because we don't want

0:14:22.396 --> 0:14:26.796
<v Speaker 2>to release any crazy GMOs into the environment. And so

0:14:26.876 --> 0:14:30.116
<v Speaker 2>we used the modern tools of gene editing to make

0:14:30.196 --> 0:14:33.636
<v Speaker 2>a very precise break in the DNA so that that

0:14:33.756 --> 0:14:39.156
<v Speaker 2>nitrogen sensor doesn't stop the microbe from producing the nitrogen

0:14:39.196 --> 0:14:41.996
<v Speaker 2>fixing enzyme. And so our approach at pivot is is

0:14:42.036 --> 0:14:45.596
<v Speaker 2>really a concept of saying, we want to simply remodel

0:14:45.996 --> 0:14:50.996
<v Speaker 2>the wiring of the cell so that it can still

0:14:50.996 --> 0:14:53.116
<v Speaker 2>do the same exact things it did before, it just

0:14:53.156 --> 0:14:55.996
<v Speaker 2>might choose to do them under a different set of conditions.

0:14:57.636 --> 0:14:59.996
<v Speaker 1>Now you have a number of products like how does

0:14:59.996 --> 0:15:02.196
<v Speaker 1>it work, what are you selling, who's buying it, and

0:15:02.236 --> 0:15:02.836
<v Speaker 1>how does it work?

0:15:03.436 --> 0:15:06.156
<v Speaker 2>Well, so let's talk about what it means to be

0:15:06.436 --> 0:15:13.556
<v Speaker 2>maybe a modern sophisticated corn farmer across the US Midwest.

0:15:14.676 --> 0:15:18.436
<v Speaker 2>One of the challenges is there are half a dozen

0:15:18.516 --> 0:15:23.196
<v Speaker 2>different types of fertilizer and timings when you might apply fertilizer.

0:15:23.676 --> 0:15:26.996
<v Speaker 2>The first big one you face is should I apply fertilizer,

0:15:27.796 --> 0:15:31.116
<v Speaker 2>specifically anhydrous ammonia in the fall after I just got

0:15:31.116 --> 0:15:34.796
<v Speaker 2>done harvesting my last crop. It's probably one of the

0:15:34.876 --> 0:15:38.556
<v Speaker 2>cheapest forms of nitrogen you could go buy, but you're

0:15:38.596 --> 0:15:40.996
<v Speaker 2>also going to expose it to all of the winter

0:15:41.076 --> 0:15:43.476
<v Speaker 2>snow and all the spring rains, and so a lot

0:15:43.556 --> 0:15:45.396
<v Speaker 2>of it is going to be lost, Maybe up to

0:15:45.436 --> 0:15:47.916
<v Speaker 2>eighty percent of your investment is going to wash away

0:15:47.956 --> 0:15:52.316
<v Speaker 2>before the crop ever gets planted. So there's uncertainty because

0:15:52.396 --> 0:15:53.956
<v Speaker 2>who knows whether it's going to be a wet year,

0:15:53.996 --> 0:15:57.076
<v Speaker 2>a dry year, a hot year, a cold year. And

0:15:57.116 --> 0:16:00.916
<v Speaker 2>that same challenge persists every decision point a farmer makes.

0:16:01.356 --> 0:16:07.156
<v Speaker 2>And they're also completely subject to the crazy volatility of

0:16:07.156 --> 0:16:12.076
<v Speaker 2>the commodity pricing markets. So for anybody paying attention to

0:16:12.156 --> 0:16:15.516
<v Speaker 2>commodity prices, across the last couple of years, the Russian

0:16:15.596 --> 0:16:20.796
<v Speaker 2>invasion of Ukraine and all of the supply chain consternation

0:16:21.036 --> 0:16:26.276
<v Speaker 2>sent fertilizer prices to record levels. So that ripple effect

0:16:26.396 --> 0:16:30.076
<v Speaker 2>means the challenge of managing one of the biggest expenses

0:16:30.116 --> 0:16:34.516
<v Speaker 2>on a farm is not just stressful, but it also

0:16:34.556 --> 0:16:36.516
<v Speaker 2>could be the thing that separates a farm from being

0:16:36.556 --> 0:16:41.076
<v Speaker 2>profitable or being underwater each year. So that's the challenge

0:16:41.756 --> 0:16:44.836
<v Speaker 2>that we're operating in and what we try to do

0:16:44.876 --> 0:16:48.516
<v Speaker 2>at Pivot is design these microbes that it makes everything

0:16:48.596 --> 0:16:52.436
<v Speaker 2>easier and it reduces risk, and it means that what

0:16:52.476 --> 0:16:55.916
<v Speaker 2>we're delivering is not just the best performing nitrogen, the

0:16:55.916 --> 0:16:58.276
<v Speaker 2>best way to get that nitrogen into the crop when

0:16:58.316 --> 0:17:00.996
<v Speaker 2>it needs it during its growth spurt, but it also

0:17:01.276 --> 0:17:06.196
<v Speaker 2>is the most resilient when it comes to the return

0:17:06.236 --> 0:17:11.556
<v Speaker 2>on investment for the farmer, imperviousness to the unpredictable weather,

0:17:12.276 --> 0:17:15.356
<v Speaker 2>and also then the best as a ripple effect for

0:17:15.476 --> 0:17:19.836
<v Speaker 2>the environment for the soil health, the water, no runoff,

0:17:19.876 --> 0:17:21.636
<v Speaker 2>and no greenhouse gas emissions.

0:17:22.196 --> 0:17:28.436
<v Speaker 1>So in more specific terms, like you know, just just

0:17:28.556 --> 0:17:31.716
<v Speaker 1>more narrowly, yeah, what does it do? Like what are

0:17:31.716 --> 0:17:32.676
<v Speaker 1>you selling and what does it do?

0:17:33.436 --> 0:17:36.516
<v Speaker 2>So we've made two forms of our product today. One

0:17:36.556 --> 0:17:39.756
<v Speaker 2>is a liquid and then the other is a dry powder.

0:17:40.516 --> 0:17:44.916
<v Speaker 2>The liquid can get added to tanks on the machinery

0:17:44.916 --> 0:17:48.676
<v Speaker 2>that plants the seeds for that crop, and as the

0:17:49.076 --> 0:17:52.516
<v Speaker 2>planter is going across a field, a little squirt of

0:17:52.556 --> 0:17:55.196
<v Speaker 2>microbes gets added on top of the seed and that

0:17:55.676 --> 0:17:58.756
<v Speaker 2>furrow before the soil gets closed back up. And with

0:17:58.836 --> 0:18:03.476
<v Speaker 2>the other product, before the farmer even takes possession of

0:18:03.516 --> 0:18:07.036
<v Speaker 2>the seed that they're going to plant, are microbes. The

0:18:07.076 --> 0:18:10.356
<v Speaker 2>little dried powder can get it added as a coating

0:18:10.396 --> 0:18:13.236
<v Speaker 2>onto the seed. So then when the seed gets planted,

0:18:13.236 --> 0:18:16.276
<v Speaker 2>our microbes are already present and the first routs that

0:18:16.276 --> 0:18:20.316
<v Speaker 2>that form start forming that symbioso with the microbes. So

0:18:20.356 --> 0:18:23.356
<v Speaker 2>in both cases simplify what it means to use our

0:18:23.356 --> 0:18:26.076
<v Speaker 2>product and just kind of add it into an existing

0:18:26.076 --> 0:18:27.796
<v Speaker 2>step in what it means to manage a farm.

0:18:29.436 --> 0:18:33.196
<v Speaker 1>I want to read you aligned from this University of

0:18:33.196 --> 0:18:37.756
<v Speaker 1>Minnesota study of proven some version of your product. It's

0:18:37.756 --> 0:18:41.716
<v Speaker 1>said proven can have an impact on corn growth, but

0:18:41.876 --> 0:18:44.756
<v Speaker 1>may not reduce the rate of nitrogen required by corn

0:18:44.796 --> 0:18:48.916
<v Speaker 1>across all locations and benefits maybe specific to soil types

0:18:48.956 --> 0:18:54.156
<v Speaker 1>and specific environmental conditions. Is that consistent with what you've found.

0:18:56.356 --> 0:19:01.916
<v Speaker 2>What we've found is is the ability to improve how

0:19:01.956 --> 0:19:06.676
<v Speaker 2>we use fertilizer and to lean on products that pivot

0:19:06.716 --> 0:19:09.116
<v Speaker 2>makes the microbes that fix nitrogen as the new foundation

0:19:09.436 --> 0:19:13.156
<v Speaker 2>for a fertilizer strategy. It really there's there's two big

0:19:13.236 --> 0:19:18.516
<v Speaker 2>challenges that are important. One is these are living microbes.

0:19:18.836 --> 0:19:22.956
<v Speaker 2>They require more TLC to be able to use effectively

0:19:23.036 --> 0:19:26.516
<v Speaker 2>than that big bulky tons of chemical fertilizer that are

0:19:26.516 --> 0:19:29.836
<v Speaker 2>farmers normally going to use. So we need to make

0:19:29.876 --> 0:19:33.356
<v Speaker 2>sure that when our customers are using our products, we're

0:19:33.396 --> 0:19:36.316
<v Speaker 2>keeping those microbes alive so that when they're in the

0:19:36.356 --> 0:19:38.836
<v Speaker 2>soil they're growing in symbiosis with the crop.

0:19:39.236 --> 0:19:43.036
<v Speaker 1>What does TLC mean in that context, Well.

0:19:42.916 --> 0:19:45.916
<v Speaker 2>It's something where we want to make sure that when

0:19:45.916 --> 0:19:48.476
<v Speaker 2>we're delivering our microbes, from the time we ship them

0:19:48.556 --> 0:19:51.716
<v Speaker 2>until they get in the soil, the microbes aren't freezing,

0:19:51.756 --> 0:19:53.836
<v Speaker 2>they're not left out in the sun to bake in

0:19:53.916 --> 0:19:55.636
<v Speaker 2>one hundred plus degree weather.

0:19:56.996 --> 0:19:59.836
<v Speaker 1>They're sending a living thing, right, that's not just sending

0:19:59.916 --> 0:20:00.956
<v Speaker 1>a compound. Yeah.

0:20:01.076 --> 0:20:03.316
<v Speaker 2>Interesting, And if it's our liquid product when they get

0:20:03.356 --> 0:20:07.116
<v Speaker 2>put into that tank on the planter, we're not mixing

0:20:07.156 --> 0:20:10.076
<v Speaker 2>in some sort of a anti micro all agent with

0:20:10.156 --> 0:20:11.196
<v Speaker 2>the tank as well.

0:20:11.356 --> 0:20:14.316
<v Speaker 1>Which could totally happen in this kind of totally totally.

0:20:14.476 --> 0:20:18.356
<v Speaker 2>And that that's to be expected in some respects because

0:20:18.396 --> 0:20:22.076
<v Speaker 2>this is a new technology that that we're we're introducing

0:20:22.196 --> 0:20:22.596
<v Speaker 2>so just.

0:20:22.636 --> 0:20:26.116
<v Speaker 1>Execution, just lots of just like nuts and bolts, logistics,

0:20:26.156 --> 0:20:29.596
<v Speaker 1>execution stuff that is that's totally hard. And the environment

0:20:29.636 --> 0:20:31.676
<v Speaker 1>is heterogeneous in a way that is hard.

0:20:32.276 --> 0:20:35.396
<v Speaker 2>That's right. And and then the second thing that's important

0:20:35.636 --> 0:20:40.516
<v Speaker 2>is when when we add fertilizer to a field, there's

0:20:40.556 --> 0:20:45.836
<v Speaker 2>a point when additional nitrogen doesn't lead to more crop yield.

0:20:46.156 --> 0:20:49.236
<v Speaker 2>Something else becomes limiting, whether it's the sunlight or a

0:20:49.276 --> 0:20:53.316
<v Speaker 2>different nutrient, or or maybe the total rainfall that that

0:20:53.396 --> 0:20:56.516
<v Speaker 2>crop receives. And so there's there's a point where you

0:20:56.556 --> 0:21:00.556
<v Speaker 2>get diminishing returns on the amount of fertilizer you can add.

0:21:00.756 --> 0:21:03.276
<v Speaker 2>Right now, the challenge is always trying to figure out

0:21:03.276 --> 0:21:07.276
<v Speaker 2>what that best balance is, and that perfect point changes

0:21:07.316 --> 0:21:09.596
<v Speaker 2>every year because of how much fertilizer can it's washed

0:21:09.596 --> 0:21:11.796
<v Speaker 2>away by the rain since the amount of rain is

0:21:11.796 --> 0:21:14.756
<v Speaker 2>different every year. And so the biggest challenge we have

0:21:14.996 --> 0:21:17.636
<v Speaker 2>is trying to figure out how do you get a

0:21:17.796 --> 0:21:22.276
<v Speaker 2>farmer to get the best possible experience when they're first

0:21:22.356 --> 0:21:25.636
<v Speaker 2>using our product, to really build up the confidence in

0:21:25.676 --> 0:21:29.316
<v Speaker 2>getting to a better outcome each year, when the most

0:21:29.396 --> 0:21:31.996
<v Speaker 2>variable thing in that whole equation is fertilizer.

0:21:32.596 --> 0:21:35.596
<v Speaker 1>You really want it to work the first time, Like,

0:21:35.676 --> 0:21:37.716
<v Speaker 1>that's a big one for you, right, the first year,

0:21:37.796 --> 0:21:39.276
<v Speaker 1>you really want it to be great.

0:21:39.396 --> 0:21:42.756
<v Speaker 2>Yeah, And so there's a lot of things that can

0:21:42.836 --> 0:21:47.356
<v Speaker 2>separate the perfect amount of nitrogen and the crop from

0:21:47.396 --> 0:21:51.716
<v Speaker 2>turning into a perfect amount of yield, whether it's pest

0:21:51.796 --> 0:21:57.716
<v Speaker 2>pressure or droughts or other types of nutrient limitations. And

0:21:57.756 --> 0:22:00.356
<v Speaker 2>so everything we try to do is to set that

0:22:00.396 --> 0:22:04.196
<v Speaker 2>farmer up to see the healthiest possible crop and put

0:22:04.236 --> 0:22:07.716
<v Speaker 2>them in the best position to realize the potential yield

0:22:07.756 --> 0:22:10.756
<v Speaker 2>of what that crop come pretty use, and do it

0:22:10.756 --> 0:22:13.996
<v Speaker 2>in a way that really can overcome the unpredictability of

0:22:13.996 --> 0:22:15.076
<v Speaker 2>the fertilizer involved.

0:22:15.636 --> 0:22:19.516
<v Speaker 1>So how big is Pivot, Like, how many acres of

0:22:19.676 --> 0:22:24.036
<v Speaker 1>farmland are have your microbes in them? You know? This year?

0:22:24.956 --> 0:22:28.996
<v Speaker 2>Well, so Pivot has been around for a bit more

0:22:29.036 --> 0:22:30.996
<v Speaker 2>than a decade and our products have been in the

0:22:31.036 --> 0:22:35.316
<v Speaker 2>marketplace for just about five years. We've been able to

0:22:35.916 --> 0:22:40.796
<v Speaker 2>deliver nitrogen on more than ten million acres across that time,

0:22:40.876 --> 0:22:45.756
<v Speaker 2>So millions of acres of products being used just this

0:22:45.876 --> 0:22:50.116
<v Speaker 2>year alone. And we're in a spot that our products

0:22:50.156 --> 0:22:53.876
<v Speaker 2>are used on corn crops across the US on wheat

0:22:53.916 --> 0:22:58.676
<v Speaker 2>and sorghum, sunflower, barley, some other small grains, and we're

0:22:58.876 --> 0:23:01.836
<v Speaker 2>in the process of being able to establish an international

0:23:01.836 --> 0:23:05.596
<v Speaker 2>presence in places like Brazil, with an eye towards Canada

0:23:05.636 --> 0:23:06.076
<v Speaker 2>as well.

0:23:06.716 --> 0:23:09.116
<v Speaker 1>Is it right? I mean, the idea at this point

0:23:09.116 --> 0:23:13.676
<v Speaker 1>point is not to replace fertilizer, but to supplement it.

0:23:13.916 --> 0:23:17.516
<v Speaker 2>Today, our microbes are supplying about a quarter of the

0:23:17.596 --> 0:23:22.116
<v Speaker 2>nitrogen that the corn crop needs, Okay, And it's something

0:23:22.156 --> 0:23:25.356
<v Speaker 2>where we have the ability to keep improving our microbes,

0:23:25.356 --> 0:23:28.876
<v Speaker 2>improve their ability to make that enzyme and share the

0:23:28.956 --> 0:23:32.756
<v Speaker 2>ammonia back with the crop, and improve their ability to

0:23:32.796 --> 0:23:35.996
<v Speaker 2>match up perfectly with that life cycle the growth spurts

0:23:36.036 --> 0:23:39.156
<v Speaker 2>in the plant, so we'll see that our products can

0:23:39.196 --> 0:23:42.916
<v Speaker 2>become even a bigger portion of the total nutrient supply

0:23:43.156 --> 0:23:47.036
<v Speaker 2>the crop needs and allow farmers to really start focusing

0:23:47.076 --> 0:23:50.636
<v Speaker 2>on what's the next big challenge that prevents them from

0:23:50.636 --> 0:23:55.356
<v Speaker 2>reaching the full potential yield that's baked into the crop genetics.

0:23:58.436 --> 0:24:01.996
<v Speaker 1>After the break the best and worst things about trying

0:24:01.996 --> 0:24:15.196
<v Speaker 1>to sell a new product to farmers, What are you

0:24:15.276 --> 0:24:17.596
<v Speaker 1>trying to figure out next? Like, what's the lab side

0:24:17.596 --> 0:24:18.996
<v Speaker 1>of your business look like now?

0:24:19.876 --> 0:24:26.196
<v Speaker 2>We've been breeding crops for many, many years, for decades,

0:24:26.196 --> 0:24:29.716
<v Speaker 2>for centuries, and especially over the last century with an

0:24:29.716 --> 0:24:34.116
<v Speaker 2>intensivity and a set of technologies that have been unprecedented

0:24:34.156 --> 0:24:38.436
<v Speaker 2>in our history. And we've underappreciated and not even known

0:24:38.636 --> 0:24:42.996
<v Speaker 2>about the microbes in the roots of a plant until

0:24:43.116 --> 0:24:48.716
<v Speaker 2>just recently. So our ability to tap into getting microbes

0:24:48.756 --> 0:24:51.476
<v Speaker 2>to capture as much of that sugar that the crop

0:24:51.516 --> 0:24:55.996
<v Speaker 2>can provide, being able to efficiently grow in tandem with

0:24:56.036 --> 0:24:59.196
<v Speaker 2>the roots of the plant, being able to share ammonia

0:24:59.316 --> 0:25:02.196
<v Speaker 2>back with the crop, and do that in a way

0:25:02.276 --> 0:25:05.276
<v Speaker 2>that is really tuned with the metabolism of how a

0:25:05.356 --> 0:25:09.236
<v Speaker 2>crop produces green and yield. There's a lot of opportunity

0:25:09.276 --> 0:25:13.436
<v Speaker 2>to not just discover new science, but turn that into

0:25:13.636 --> 0:25:16.796
<v Speaker 2>products that really can supply all the nutrient needs of

0:25:16.796 --> 0:25:20.076
<v Speaker 2>the crop and beyond. I think we are very much

0:25:20.076 --> 0:25:23.996
<v Speaker 2>in the early days of what can be a transformational

0:25:24.036 --> 0:25:27.556
<v Speaker 2>technology and segment of the industry for decades to come.

0:25:28.316 --> 0:25:30.996
<v Speaker 1>What's an interesting constraint you're trying to solve for at

0:25:31.036 --> 0:25:32.196
<v Speaker 1>a technical level.

0:25:32.316 --> 0:25:34.476
<v Speaker 2>And if you have a new idea for an app

0:25:35.036 --> 0:25:38.836
<v Speaker 2>in Silicon Valley, you can program it and launch it

0:25:38.956 --> 0:25:41.036
<v Speaker 2>or test it out as fast as the pace of thought.

0:25:41.836 --> 0:25:46.636
<v Speaker 2>And in agriculture, everything we do is centered on how

0:25:46.676 --> 0:25:49.156
<v Speaker 2>fast a plant grows. There are many parts of the

0:25:49.196 --> 0:25:51.516
<v Speaker 2>world where you can grow just one crop every year,

0:25:51.756 --> 0:25:53.316
<v Speaker 2>and so if we had a new idea and we

0:25:53.356 --> 0:25:56.236
<v Speaker 2>wanted to test it out, it might be just one

0:25:56.276 --> 0:25:57.196
<v Speaker 2>experiment per year that.

0:25:57.156 --> 0:25:59.516
<v Speaker 1>We're so your rate living e step is that you

0:25:59.556 --> 0:26:01.076
<v Speaker 1>got to wait for the plants to grow.

0:26:01.476 --> 0:26:03.196
<v Speaker 2>Now, one of the things we've done at Pivot is

0:26:03.196 --> 0:26:07.716
<v Speaker 2>we have built the most sophisticated models of how a

0:26:07.876 --> 0:26:11.876
<v Speaker 2>micro behave and how what we do with the gene

0:26:11.956 --> 0:26:16.836
<v Speaker 2>editing rewires when it chooses to make nitrogen, and we

0:26:16.876 --> 0:26:19.196
<v Speaker 2>can integrate that with all the world's best models of

0:26:19.236 --> 0:26:23.996
<v Speaker 2>how crops grow and a footprint that allows us to

0:26:24.076 --> 0:26:28.796
<v Speaker 2>do real world experiments at a scale never before seen.

0:26:29.436 --> 0:26:31.916
<v Speaker 2>Those things let us be able to tackle problems in

0:26:31.956 --> 0:26:36.956
<v Speaker 2>a more efficient way or experiment digitally long before you

0:26:36.996 --> 0:26:39.116
<v Speaker 2>ever do something in the physical.

0:26:38.716 --> 0:26:40.716
<v Speaker 1>But you still got to grow the core and see if.

0:26:40.956 --> 0:26:42.876
<v Speaker 2>You still got to grow all those crops.

0:26:43.796 --> 0:26:47.716
<v Speaker 1>I mean, well, let's talk about sort of the future

0:26:47.756 --> 0:26:51.956
<v Speaker 1>of chemical fertilizer and in particular ammonia. Right, super energy

0:26:51.996 --> 0:26:55.196
<v Speaker 1>intensive would be wonderful if you could put it out

0:26:55.196 --> 0:26:58.956
<v Speaker 1>of business. But like, what, what's that? What's that story?

0:26:59.636 --> 0:27:01.756
<v Speaker 2>Well, I don't think that the fertilizer business and the

0:27:01.756 --> 0:27:05.156
<v Speaker 2>Haberbosch process of making ammonia will go away anytime soon.

0:27:05.156 --> 0:27:08.476
<v Speaker 2>And that's that's not a bad thing. It's it's not

0:27:08.836 --> 0:27:12.956
<v Speaker 2>a thing where I think we are successful only if

0:27:13.236 --> 0:27:16.636
<v Speaker 2>the fertilizer industry goes bankrupt. I think this is something

0:27:16.676 --> 0:27:19.796
<v Speaker 2>where this is an opportunity to be able to do

0:27:19.876 --> 0:27:24.716
<v Speaker 2>better and reach new places through a very innovative, disruptive technology.

0:27:25.876 --> 0:27:30.436
<v Speaker 2>We're a better way to spend new capital. Our ability

0:27:30.476 --> 0:27:36.076
<v Speaker 2>to expand our footprint our supply chain is radically cheaper

0:27:36.236 --> 0:27:38.796
<v Speaker 2>than building a new Harberbosh facility that's going to cost

0:27:38.836 --> 0:27:41.636
<v Speaker 2>billions of dollars and take you know, a decade to

0:27:41.676 --> 0:27:46.276
<v Speaker 2>get operational. We're really just like a micro brim making

0:27:46.916 --> 0:27:51.356
<v Speaker 2>a handful of Baker's East and I and and that

0:27:51.556 --> 0:27:57.316
<v Speaker 2>is transformational. It means there's a lot more efficiency both

0:27:57.356 --> 0:28:01.316
<v Speaker 2>in dollars uh and and and just physical time invested

0:28:01.676 --> 0:28:05.276
<v Speaker 2>to be able to complement what the fertilizer industry is

0:28:05.316 --> 0:28:06.356
<v Speaker 2>set up to be able to do.

0:28:07.476 --> 0:28:09.956
<v Speaker 1>I know that the context we're talking about. There's a

0:28:09.996 --> 0:28:13.436
<v Speaker 1>ton going on, and there's chemical fertilizer and there's pesticide,

0:28:13.476 --> 0:28:17.276
<v Speaker 1>and the plants themselves are these weird superplants that we've read.

0:28:17.636 --> 0:28:23.516
<v Speaker 1>And yet still I wonder, when you're changing the genome

0:28:23.596 --> 0:28:28.316
<v Speaker 1>of this microbe, like, is there any worry that you're

0:28:28.356 --> 0:28:31.836
<v Speaker 1>going to mess up the microbiome in some unintended consequences

0:28:31.916 --> 0:28:33.076
<v Speaker 1>kind of way.

0:28:34.076 --> 0:28:37.116
<v Speaker 2>There's a lot we do to make sure that we

0:28:37.236 --> 0:28:41.556
<v Speaker 2>understand how our products work, that they are fitting into

0:28:42.516 --> 0:28:47.076
<v Speaker 2>the crop system in a very smooth, elegant way, that

0:28:47.116 --> 0:28:51.876
<v Speaker 2>they go back into the native microbiomes where they came from,

0:28:52.396 --> 0:28:56.036
<v Speaker 2>and they're performing just like before. One of the things

0:28:56.036 --> 0:28:58.036
<v Speaker 2>we know is that when we do the gene editing

0:28:58.196 --> 0:29:03.916
<v Speaker 2>to turn on nitrogen fixational it makes the microbes less resilient,

0:29:04.076 --> 0:29:08.756
<v Speaker 2>less robust than their original parents. That means that they

0:29:08.836 --> 0:29:12.796
<v Speaker 2>die off more quickly than the native microbes do. So

0:29:12.836 --> 0:29:15.036
<v Speaker 2>when we do testing, we don't see any traces of

0:29:15.076 --> 0:29:18.516
<v Speaker 2>our microbes left in the roots. Once the crop really

0:29:18.556 --> 0:29:22.756
<v Speaker 2>gets to the point of harvest that I just natively

0:29:22.796 --> 0:29:25.796
<v Speaker 2>the crop. When it's harvested, it stops making those sugars.

0:29:26.076 --> 0:29:29.316
<v Speaker 2>So the microbes in the soil die off when there

0:29:29.476 --> 0:29:33.516
<v Speaker 2>isn't a parent crop to defeat it. But we especially

0:29:33.516 --> 0:29:34.796
<v Speaker 2>see that with our products.

0:29:35.476 --> 0:29:41.916
<v Speaker 1>So still a small company, what might go wrong? Like,

0:29:42.716 --> 0:29:45.836
<v Speaker 1>what are some reasons you know things might not work

0:29:45.876 --> 0:29:46.876
<v Speaker 1>out the way you hope.

0:29:47.876 --> 0:29:49.996
<v Speaker 2>Well, I think the mode we're in right now with

0:29:50.036 --> 0:29:55.156
<v Speaker 2>Pivot is we have this great disruptive technology. We have

0:29:55.276 --> 0:29:59.556
<v Speaker 2>built a business model that is innovative and allows us

0:29:59.596 --> 0:30:02.596
<v Speaker 2>to get our products into the marketplace when it's typically

0:30:02.596 --> 0:30:05.556
<v Speaker 2>been very hard to innovate in agriculture. And now we

0:30:05.636 --> 0:30:07.636
<v Speaker 2>have the challenge of how do we bring that to

0:30:07.716 --> 0:30:10.396
<v Speaker 2>scale and how do we touch as many lives around

0:30:10.436 --> 0:30:12.916
<v Speaker 2>the world as we can, all while we're trying to

0:30:12.956 --> 0:30:17.236
<v Speaker 2>manage our cash reserves and what it means to have

0:30:17.276 --> 0:30:19.876
<v Speaker 2>a growing team that needs to figure out how to

0:30:19.876 --> 0:30:23.196
<v Speaker 2>work in more places around the world. That's a lot

0:30:23.236 --> 0:30:28.556
<v Speaker 2>of operational risk, and I think the challenge that we

0:30:28.716 --> 0:30:31.676
<v Speaker 2>face is there's a chance that that all might not

0:30:31.756 --> 0:30:35.876
<v Speaker 2>work out. I think that the real risk is that

0:30:36.076 --> 0:30:38.916
<v Speaker 2>we're not able to move fast enough to be the

0:30:38.996 --> 0:30:42.116
<v Speaker 2>leading innovator in the space, that there becomes competition that

0:30:42.196 --> 0:30:43.916
<v Speaker 2>slows us down and trips us up.

0:30:44.596 --> 0:30:47.156
<v Speaker 1>So in that universe, somebody's going to do what you're doing.

0:30:47.276 --> 0:30:49.036
<v Speaker 1>The question is is it going to be you or

0:30:49.076 --> 0:30:50.156
<v Speaker 1>is somebody gonna.

0:30:50.916 --> 0:30:55.916
<v Speaker 2>One hundred percent? Like what we've been successful is really

0:30:55.996 --> 0:31:02.196
<v Speaker 2>showing the potential of where microbes in general and nitrogen

0:31:02.236 --> 0:31:06.836
<v Speaker 2>fixation specifically can change agriculture. It will happen, We will

0:31:06.876 --> 0:31:11.796
<v Speaker 2>see a transformational shift in how our agricultural systems around

0:31:11.796 --> 0:31:15.476
<v Speaker 2>the world operate. And I think the operational risk for

0:31:15.516 --> 0:31:17.716
<v Speaker 2>PIVOT is all about whether we are going to be

0:31:18.196 --> 0:31:21.236
<v Speaker 2>the ones who lead the way in bringing the change

0:31:21.236 --> 0:31:21.716
<v Speaker 2>to the world.

0:31:22.636 --> 0:31:26.236
<v Speaker 1>So if you think about the work you're doing and

0:31:26.276 --> 0:31:29.596
<v Speaker 1>project ahead, you know, often I'll say five years, but

0:31:29.636 --> 0:31:31.156
<v Speaker 1>given as you pointed out that you got to wait

0:31:31.196 --> 0:31:33.556
<v Speaker 1>for the cornder grow every year, let's say twenty years.

0:31:33.996 --> 0:31:36.116
<v Speaker 1>You know, if you think I had twenty years and

0:31:36.516 --> 0:31:39.556
<v Speaker 1>things happen the way you want them to happen, what's

0:31:39.596 --> 0:31:40.356
<v Speaker 1>the world look like.

0:31:44.236 --> 0:31:47.636
<v Speaker 2>I'll hit on three things that I think are going

0:31:47.716 --> 0:31:50.676
<v Speaker 2>to be important to pay attention to, either because it's

0:31:51.396 --> 0:31:54.956
<v Speaker 2>places we're investing internally to improve what we do, how

0:31:54.956 --> 0:31:59.116
<v Speaker 2>we bring that a spotlight to these topics, or the

0:31:59.156 --> 0:32:02.236
<v Speaker 2>potential of where this could could ripple. One of them

0:32:02.596 --> 0:32:06.476
<v Speaker 2>is I think we're going to see a continued trend

0:32:06.476 --> 0:32:11.836
<v Speaker 2>of improving agricultural productivity with better efficiency and especially better resiliency.

0:32:12.716 --> 0:32:16.396
<v Speaker 2>And when it becomes even more challenging every day to

0:32:16.436 --> 0:32:19.356
<v Speaker 2>be a farmer and turner profit every year, I think

0:32:19.436 --> 0:32:22.996
<v Speaker 2>that we're going to have a big impact on the

0:32:23.036 --> 0:32:26.596
<v Speaker 2>continuity of our agricultural system. So that's the first one,

0:32:26.596 --> 0:32:30.316
<v Speaker 2>and the second one for me is we're seeing a

0:32:30.516 --> 0:32:35.876
<v Speaker 2>massive potential impact on the entire sustainability of agriculture. So

0:32:35.996 --> 0:32:40.676
<v Speaker 2>just in the last two years, we've seen that replacement

0:32:40.676 --> 0:32:44.996
<v Speaker 2>of fertilizer by our customers has translated to nearly a

0:32:45.116 --> 0:32:49.276
<v Speaker 2>million metric tons of avoided CO two emissions, either the

0:32:49.276 --> 0:32:52.876
<v Speaker 2>CO two from the hybrid wash manufacturing process and the

0:32:52.916 --> 0:32:58.636
<v Speaker 2>transportation of fertilizer, or the prevented nitrous oxide emissions from

0:32:58.676 --> 0:33:02.516
<v Speaker 2>fertilizer degrading in fields. And we're just getting started. So

0:33:02.556 --> 0:33:05.676
<v Speaker 2>that sustainability impact, whether it's clean air or clean water

0:33:06.276 --> 0:33:09.756
<v Speaker 2>or healthier soils, is going to have the the potential

0:33:09.796 --> 0:33:13.356
<v Speaker 2>to really multiply across the decades to come. And then

0:33:13.396 --> 0:33:19.556
<v Speaker 2>I think the third is about really food security, whether

0:33:19.796 --> 0:33:27.996
<v Speaker 2>it is the ability of more industrialized agricultural regions like

0:33:28.196 --> 0:33:31.756
<v Speaker 2>the Midwest in the US being even more capable of

0:33:31.796 --> 0:33:36.396
<v Speaker 2>producing a higher efficiency independent of some of the uncertainties

0:33:36.396 --> 0:33:40.396
<v Speaker 2>of global supply chains, or places like Sub Saharan Africa

0:33:40.676 --> 0:33:44.876
<v Speaker 2>where there are very uncertain supply chains for fertilizer, the

0:33:44.996 --> 0:33:47.836
<v Speaker 2>chances that a farmer there may not even be able

0:33:47.836 --> 0:33:52.556
<v Speaker 2>to acquire fertilizer, and if they can acquire it, usually

0:33:52.556 --> 0:33:55.516
<v Speaker 2>at a price point that far exceeds the value of

0:33:55.596 --> 0:34:00.036
<v Speaker 2>using fertilizer. So it's an ability to take many parts

0:34:00.076 --> 0:34:02.996
<v Speaker 2>of the world and have access to the nutrients that

0:34:03.036 --> 0:34:05.956
<v Speaker 2>are needed to fuel a crop in a way that

0:34:06.156 --> 0:34:11.236
<v Speaker 2>can decouple many of the limitations of the traditional supply chains.

0:34:11.676 --> 0:34:13.276
<v Speaker 2>So I think those are the three big areas that

0:34:13.316 --> 0:34:17.636
<v Speaker 2>I see some really exciting opportunity in the decades ahead.

0:34:21.596 --> 0:34:23.756
<v Speaker 1>We'll be back in a minute with the lightning round

0:34:36.556 --> 0:34:39.316
<v Speaker 1>almost done. We'll just do a lightning round and then

0:34:39.356 --> 0:34:44.396
<v Speaker 1>we'll be done. Do you have a garden, I do.

0:34:45.716 --> 0:34:47.916
<v Speaker 1>What did best for you this year? What was the

0:34:47.956 --> 0:34:48.716
<v Speaker 1>hit of the garden?

0:34:49.796 --> 0:34:52.196
<v Speaker 2>Well, my kids. I've got a seven year old and

0:34:52.196 --> 0:34:55.116
<v Speaker 2>a ten year old, and we love gardening together. I

0:34:55.156 --> 0:35:00.236
<v Speaker 2>think pumpkins are always fun. We grow a lot of

0:35:00.356 --> 0:35:04.196
<v Speaker 2>flowers that my daughter loves to grow, So zinnias and

0:35:04.236 --> 0:35:09.996
<v Speaker 2>dahlia's are the ones that are high on her list.

0:35:10.796 --> 0:35:12.476
<v Speaker 1>What's your second favorite element?

0:35:14.276 --> 0:35:20.116
<v Speaker 2>Well, I will go with oxygen. I think it it

0:35:20.196 --> 0:35:24.396
<v Speaker 2>is both such a fuel for keeping us alive. But

0:35:24.476 --> 0:35:30.556
<v Speaker 2>I also I love wine and everything from viniculture and analogy,

0:35:30.716 --> 0:35:34.076
<v Speaker 2>and oxygen is usually the enemy of wine. So oxygen

0:35:34.156 --> 0:35:38.836
<v Speaker 2>is both powerful and also something that can really be

0:35:39.116 --> 0:35:42.316
<v Speaker 2>a challenge for not just wine but the enzyme of

0:35:42.396 --> 0:35:43.756
<v Speaker 2>nitrogen fixation itself.

0:35:44.836 --> 0:35:46.436
<v Speaker 1>When was the last time you played the trumpet?

0:35:48.276 --> 0:35:52.156
<v Speaker 2>Oh, man, that's a good question. It's been a while.

0:35:52.156 --> 0:35:53.236
<v Speaker 2>It's probably been a decade.

0:35:54.556 --> 0:35:56.996
<v Speaker 1>There was another version where you were like, it's right here.

0:35:57.116 --> 0:36:05.356
<v Speaker 1>That was my dream. What's the best thing about working

0:36:05.356 --> 0:36:06.476
<v Speaker 1>with farmers.

0:36:08.116 --> 0:36:11.636
<v Speaker 2>In a world where so much seems more virtual or

0:36:11.676 --> 0:36:13.716
<v Speaker 2>digital all the time? Being able to get back to

0:36:14.276 --> 0:36:21.196
<v Speaker 2>something physical, something that just requires a lot of hard

0:36:21.236 --> 0:36:27.076
<v Speaker 2>work in person. That makes for some really invigorating conversations

0:36:27.116 --> 0:36:30.676
<v Speaker 2>and just a lot of times that I shared appreciation

0:36:30.876 --> 0:36:32.676
<v Speaker 2>at the end of a day, end of hard work,

0:36:33.276 --> 0:36:35.596
<v Speaker 2>to sit down together and spend time together.

0:36:36.396 --> 0:36:39.036
<v Speaker 1>What's a hard thing about working with farmers?

0:36:39.396 --> 0:36:43.916
<v Speaker 2>Well, on one hand, a farmer needs to be risk averse.

0:36:44.436 --> 0:36:47.476
<v Speaker 2>So any new technology, any new innovation, it's not like

0:36:47.556 --> 0:36:49.316
<v Speaker 2>you can just download a new app, try it out

0:36:49.356 --> 0:36:50.036
<v Speaker 2>and delete it right.

0:36:50.156 --> 0:36:52.116
<v Speaker 1>There's a huge downside if it's not.

0:36:52.236 --> 0:36:54.316
<v Speaker 2>You might go out of business and lose that family

0:36:54.356 --> 0:36:56.836
<v Speaker 2>farm that's been around for generations if you make the

0:36:56.876 --> 0:36:59.676
<v Speaker 2>wrong bet. So the hardest part about trying to bring

0:36:59.716 --> 0:37:02.276
<v Speaker 2>new technology on the farm is figuring out the risk

0:37:02.796 --> 0:37:06.676
<v Speaker 2>portion of trying something out. So farmers want to experiment,

0:37:06.876 --> 0:37:10.556
<v Speaker 2>but just do it in a way that is risk averse.

0:37:11.716 --> 0:37:14.156
<v Speaker 2>And then the challenge with a lot of us that

0:37:14.196 --> 0:37:17.116
<v Speaker 2>don't live on a farm is we don't appreciate just

0:37:17.236 --> 0:37:21.436
<v Speaker 2>how sophisticated that farm is and how sophisticated that ability

0:37:21.436 --> 0:37:25.676
<v Speaker 2>to experiment without risk or without unnecessary risk really is.

0:37:26.196 --> 0:37:28.076
<v Speaker 2>And so how do we talk to each other in

0:37:28.116 --> 0:37:31.436
<v Speaker 2>a way that moves ideas as fast as possible, especially

0:37:31.476 --> 0:37:34.676
<v Speaker 2>when we only grow one crop a year like that

0:37:34.876 --> 0:37:37.916
<v Speaker 2>is the hardest part about this whole thing bringing innovation

0:37:38.036 --> 0:37:41.596
<v Speaker 2>into the world is there's a fundamental slow pace, a

0:37:42.116 --> 0:37:45.836
<v Speaker 2>need to be able to minimize risk to the negative,

0:37:46.436 --> 0:37:49.596
<v Speaker 2>and a real opportunity to work with some of the

0:37:49.636 --> 0:37:54.796
<v Speaker 2>most innovative forward thinking entrepreneurs and business owners that exist

0:37:54.796 --> 0:37:57.556
<v Speaker 2>in this world, if only we can figure out how

0:37:57.556 --> 0:38:01.796
<v Speaker 2>to all communicate in something that isn't common terminology and

0:38:01.836 --> 0:38:04.476
<v Speaker 2>familiar for most of us.

0:38:05.036 --> 0:38:06.756
<v Speaker 1>Thank you, it was great to talk with you.

0:38:07.396 --> 0:38:08.116
<v Speaker 2>Thank you as well.

0:38:12.076 --> 0:38:15.716
<v Speaker 1>Carsten Timmy is the co founder and chief information Officer

0:38:15.876 --> 0:38:20.476
<v Speaker 1>at Pivot Bio. Today's show was produced by Gabriel Hunter Chang.

0:38:20.756 --> 0:38:24.116
<v Speaker 1>It was edited by Lyddy jeene Kott and engineered by

0:38:24.156 --> 0:38:27.756
<v Speaker 1>Sarah Bruguer. You can email us at problem at Pushkin

0:38:27.836 --> 0:38:30.956
<v Speaker 1>dot fm. I'm Jacob Oldstein and we'll be back next

0:38:31.036 --> 0:38:43.236
<v Speaker 1>week with another episode of What's Your Problem.