Sujet : Larry Ellison's misadventures in farming
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Groupes : misc.news.internet.discussDate : 24. Feb 2025, 19:21:20
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The lesson of Larry Ellison's misadventures in farming
Larry Ellison's leap into farming with his company, Sensei Farms,
serves up a classic reminder: being a genius in one arena doesn't mean
success in another. As the WSJ reports, the Oracle co-founder set out
to reinvent agriculture on Hawaii's Lana'i Island, which he scooped up
for $300 million back in 2012. Eight years and more than $500 million
later, the project is still floundering.
Ellison dreamed of AI-powered greenhouses and robot harvesters feeding
the world sustainably. Instead, Sensei has been tripped up by tech
snarls -- like Wi-Fi issues and solar panels battered by Lanai's winds
-- and rookie mistakes. Think greenhouses designed for Israel's desert
climate, when Lana'i is typically muggy. The company also mixed mature
and baby plants together, a blueprint for a pest paradise.
Sensei, co-founded by a medical doctor and led currently by a tech
exec who runs Sensei from Boston, has had small wins, reports the WSJ.
Its lettuce and cherry tomatoes now appear at the island's few local
markets and restaurants. But constant delays, leadership shake-ups,
and pricey blunders, including cannabis grow houses that needed to be
gutted and rebuilt, highlight a tough truth: even bottomless funding
is no match for the hard lessons of a specialized industry.
https://techcrunch.com/2025/02/23/the-lesson-of-larry-ellisons-misadventures-in-farming/