It’s a vicious cycle that just keeps going, like we’re all stuck in a hamster wheel. There’s still the driver challenge. The overall product shortage—whether ingredients, microchips, or containers—is still creating havoc in the supply chain. Lockdowns overseas force companies to nearshore.
The greatest challenge is the lack of urgency and the lack of capital being deployed into specialized early-stage supply chain funds. The most important innovations are underfunded. That’s because limited partners are injecting capital into the same funds that created many of our planet’s problems.