Why Two Ex-IBMers Are Building Tractors in Cuba

The video discusses Baerenthal's initiative to address Cuba's outdated agricultural machinery by proposing a low-tech tractor solution. The collaboration between Cuba and the US is highlighted, focusing on setting up a manufacturing facility in Cuba. Challenges include sourcing parts, navigating bureaucracy, and securing funding. The video also covers a pitch meeting with investors, emphasizing the project's integrity and community focus.

What problem did the founders of Baerenthal identify in Cuba's agricultural sector?

• Lack of skilled labor

• Outdated tractors from the 1950s

• Insufficient land for farming

• High cost of fertilizers

Why did Baerenthal propose setting up a manufacturing facility in Cuba?

• To access better technology

• To employ local Cuban workers

• To avoid US taxes

• To reduce shipping costs

What is one of the main challenges Baerenthal faces in executing their plan?

• Finding skilled engineers

• Competing with local tractor manufacturers

• Sourcing parts from the USA

• Dealing with Cuban government regulations

What financial hurdle is mentioned regarding the sale of tractors in Cuba?

• High production costs

• Currency exchange issues

• Lack of investor interest

• Funding for Cuban farmers to purchase tractors

How did investors react to Baerenthal's pitch meeting?

• They were skeptical about the idea

• They were concerned about who would fund the purchases

• They were uninterested in the Cuban market

• They questioned the project's integrity