Just over five years and about 30 engagements into his Prospect Innovation journey, founder and managing director Vivek Salgaocar believes the private investment firm, and the mining/metals technology space in which it mostly plays, are on the cusp of something big. “We’ve been scratching the surface,” he told InvestMETS.com.
“We started this as an experiment. We didn’t know where it was going to go. We had a strong belief that there was a need for it and that there would be success.
“But we didn’t really fully fathom the size of the opportunity.
“And I think we’ve gotten lucky in the sense that we were in the right place at the right time, where what’s happened in the last five years to actually promote this [mining tech space] has been more than has happened in maybe the preceding 25 years.
“Suddenly everyone now is very, very interested.
“I look at it now and I think the opportunity set is so much wider.”
