Legendary Turkish-American entrepreneur Kerim Baran, the founder of Yonja—Turkey’s pioneering social network—and co-founder of CivicSolar, a U.S.-based solar distribution company that scaled to $60M in revenue without raising venture capital.
Kerim opens up about his early years growing up in Turkey, his move to the U.S. for college, and his experiences working in the tech industry during the original dot-com boom. He discusses his time at major tech firms like Sybase and Siebel Systems, and shares the origin story of Yonja.com—a social network that briefly outpaced Facebook in Turkey before ultimately being acquired by Tiger Global.
After Yonja, Kerim took time off to explore and reflect, which led him to angel investing and eventually into the solar industry. He shares how he co-founded CivicSolar, initially envisioned as an eBay-like marketplace for solar equipment, but which evolved into a highly efficient drop-shipping distributor serving thousands of installers across the U.S. With deep insight, Kerim explains the economics of solar energy, including Swanson’s Law, the declining cost of solar panels, and the transformative power of distributed energy systems.
The conversation then turns to his investment thesis in clean tech. Kerim reveals his unique three-pronged model:
- SolarAcademy.com – a social knowledge platform where founders, thought leaders, and innovators in solar share their ideas and solutions.
- Seed investments in solar SaaS and platform companies—such as Ivy Energy, which enables solar for multi-tenant buildings by solving the "split incentive" problem.
- Infrastructure capital - deploying capital into solar and storage assets that offer attractive returns while decarbonizing the grid.
Kerim also shares his vision for the future of clean energy, his critique of traditional utilities, and why he believes distributed solar plus battery systems will ultimately outcompete centralized solutions like nuclear for mainstream users. He closes the episode reflecting on Turkey’s solar journey, where he once advocated for solar adoption at the highest levels of government—and shares why he remains optimistic about Turkey’s future energy transition.
This is an inspiring deep dive into entrepreneurship, impact investing, and the future of solar energy—from a founder who’s been ahead of the curve in every wave.
Chapters:
00:00 – Intro & Early Career
06:00 – Founding Yonja.com
13:00 – Yonja’s Exit & Reflections
17:00 – Discovery of Solar & CivicSolar’s Growth
26:00 – Distributed Solar vs. Utility Power
32:00 – SolarAcademy, Ivy Energy & Investment Strategy
38:00 – Clean Tech in Turkey & Vision for the Future,
