
Fayl Tales
Deep dives into the stories behind failed ventures - because every setback comes with lessons worth sharing.
Fayl Tales
When a breakthrough polymer meets market reality?
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Fayl Tales
In this episode, entrepreneur and technologist Dietmar Gombotz shares the story of founding UGP Materials, a spin-out built around a novel high-performance polymer with a greener, water-based production process. Early traction with aerospace partners and major corporates suggested a clear path forward - until COVID hit, timelines stretched, and co-founder dynamics shifted.
Dietmar opens up about:
- How to test co-founder fit (and why it’s tougher than marriage)
- The dangers of betting everything on one “perfect” partner
- Why controllers and gatekeepers can stall the best technical sales
- What a thoughtful shutdown looks like - and the emotions behind it
A candid, practical conversation for founders, spin-outs, and anyone navigating the messy middle of deep-tech entrepreneurship.