4 ms·
Thats not how this works. Extra money goes to investors who then choose to do what they want with it. Rather, seek subsidies and use the success to chase gover
by anakaine 5y ago
Thats not how this works. Extra money goes to investors who then choose to do what they want with it.
Rather, seek subsidies and use the success to chase government grants and reinvest that money for the greater good.
- refurb 5y agoSure that’s how it works. Average R&D spend is ~20%, so 20% of the price paid goes back into R&D right now. And yes, money goes back to investors who often reinvest it into biotech.
- bpodgursky 5y agoIt amuses me to imagine, how grandparent imagines investors cash out of biotech: buying a large pool of gold and swimming in it? If you make a billion dollars on biotech... it has to go somewhere (banks are for chumps!), so it's going back into either the public market, or venture capital. And if you made a billion on biotech once....
- refurb 5y agoSimilar to tech, the founders who walk away with billions start their own funds as well.