3 ms·
The NIH budget is about $40B. Between NCI, ACS, etc, on the order of $10B+ on cancer research. I don’t know how much YC invests per year, but back of envelope
by breck 7y ago
The NIH budget is about $40B. Between NCI, ACS, etc, on the order of $10B+ on cancer research.
I don’t know how much YC invests per year, but back of envelope seems like $75-200m.
Or not even 1% of the NIH budget.
Having worked with both YC and NIH processes, I would say the former is 100x more capital efficient, and if NIH were to give YC 1% of its budget to distribute, you would see blockbuster returns. As it is NIH wastes billions a year on overhead of its application processes alone.