What does it take to find the next unicorn startup? Venture capitalist Lewis Hong, former executive at SpaceX, shares how he identifies companies with world-changing potential—starting with his latest investment in FP Solution, a materials company set to disrupt the construction industry.

In this episode, Lewis explains the 3R framework, what truly defines a valuable proposal, and how innovative startups like Fiber Global and ATDev are building a better future through materials science and telemedicine.

Video Timeline:
00:00 – Teaser
00:55 – Introduction to FP Solution with Lewis
02:02 – FP Solution’s key strengths
02:30 – Why Lewis believes FP Solution outshines competitors
03:30 – What is the 3R model?
04:05 – What makes a strong startup idea or proposal?
05:33 – The 2 core elements of impactful companies
05:46 – Lewis’s 3 investing principles
05:58 – Defining the real problem worth solving
06:15 – The 3 fields where FP Solution has the most resources
07:06 – Office tour of FP Solution
07:57 – Deep dive into Fiber Global’s synthetic wood innovation
09:54 – Why the founder started Fiber Global
10:34 – How Lewis sees Fiber Global changing the construction industry
11:45 – Intro to ATDev – A startup in telemedicine
13:21 – Next episode preview: Lewis is a Stanford interviewer!?

This episode is a must-watch for startup founders, investors, and anyone curious about the intersection of deep tech, construction innovation, and venture capital.