Why Fusion Energy Makes Me Think Differently About Long-Term Investing
Fusion energy has been discussed for as long as I can remember. For years, it felt distant and theoretical. Lately, that perception has changed. Seeing fusion startups raise more than $7.1 billion tells me that belief has turned into commitment. Investors are no longer watching from the sidelines. They are stepping in with real conviction. Still, I find myself thinking about what happens next. What Concerns Me About Concentrated Funding Most of this funding has gone to a small group of companies. While these leaders deserve support, fusion is too complex to depend on only a few paths forward. Progress in fusion does not come from one breakthrough. It comes from many incremental advances, often made by smaller teams working on very specific challenges. When funding narrows too early, important ideas can be left behind. The Work That Rarely Gets Attention Over time, I have learned that the most critical contributions often come from places that are easy to o...