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Innovation Isn’t Just Technical

Navin Chaddha, Mayfield

In the early years of the home solar panel market, systems cost upwards of $30,000 and took 15 years to pay for themselves. Navin Chaddha, managing director of Mayfield, explains that SolarCity’s innovative financing solution had nothing to do with technology. He encourages entrepreneurs to think about gaining market advantage through nontechnical means.