Ernest Popescu, the founder and CEO of Metrobloks, shares his career trajectory from the worlds of automotive and aerospace to pivotal roles at AWS and Facebook. Ernest's expertise in data center development offers invaluable insights into capacity planning and the drive behind Metrobloks. Metrobloks is on a mission to revolutionize urban, underserved markets by delivering scalable and standardized computing solutions where tech giants like AWS, Google, and Microsoft have yet to venture.
We unpack the strategic intricacies of data center development, from securing prime land and power sources to meeting stringent conditions such as proximity to airports and labor markets. Ernest explains the process involved in land control, permit acquisition, and customer acquisition—steps essential to mitigating investment risks. The discussion also highlights the challenges of remote data center locations versus the thriving potential of urban metro markets, enriched by recent experiences from Metrobloks' seed funding round.
Securing investment for a startup focused on data center development is no small feat. Ernest underscores the resilience required to face investor rejections and the value of finding partners aligned with the nature of real estate investment market. We explore the methodical approach to identifying and securing data center sites, the importance of future-proof design, and assembling a stellar team. The conversation also touches on the shift from initial site acquisition to design, customer engagement, and operational phases.
Chapter Summary
(0:00:50) - Data Center Development and Metrobloks
Founder of Metrobloks shares background in data center development, focus on urban markets, and aim to address gap in market for enterprise customers.
(0:17:08) - Strategic Approach to Data Center Development
Securing land and power for data center development in urban markets, challenges of remote locations, and experiences during seed funding round.
(0:22:16) - Building Resilient Data Center Business
Nature's challenges and strategies for securing investment in data center development, including site selection, future-proof design, and team building.
(0:34:56) - Strategic Challenges in Data Center Investment
Recommended books, long-term nature of data centers, securing institutional capital, connecting on LinkedIn for engagement with Metrobloks.
Books mentioned in this episode
The Name of the Wind Mass Market by Patrick Rothfuss
https://www.amazon.com/Name-Wind-Patrick-Rothfuss/dp/0756404746
The Score Takes Care of Itself: My Philosophy of Leadership by Bill Walsh, Steve Jamison and Craig Walsh
https://www.amazon.com/Score-Takes-Care-Itself-Philosophy/dp/1591843472
Resources:
https://www.linkedin.com/in/ernestpopescu/
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Please note that information provided in the podcast is for informational and educational purposes only and is not a recommendation to take any particular action, nor an offer or solicitation to buy or sell any securities or services presented. It is not investment advice. Brio360 does not provide legal or tax advice.
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