4 ms·
In terms of COVID-19, I'm skeptical there's any real need for VC style funding: 1. Existing biotech companies are probably perfectly capable of addressing this
by marcell 7y ago
In terms of COVID-19, I'm skeptical there's any real need for VC style funding:
1. Existing biotech companies are probably perfectly capable of addressing this with usual means. Vaccines are a known quantity, not novel disruption.
2. By the time any startup gets off the ground (6 months at least), the crisis will likely have passed
- comicjk 7y agoExisting vaccine efforts will probably succeed, but the possibility that they fail is real and quite scary (to me, anyway). So I'm glad we have a bunch of longer-term speculative projects as backup.