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> What would the business model look like for doing this? What would the business model look like for going fishing with your friends? Some people want to wea

> What would the business model look like for doing this? What would the business model look like for going fishing with your friends? Some people want to wear diamonds and dine at posh restaurants, some want to do gardening and write books on it, some want to revive extinct birds; it's not a means, it's an end.

folio 4y ago
I hope you are right, but this is a for-profit company that has just received a new round of funding. From an Austin American-Statesman article[1], "Colossal Biosciences, which this week announced a new $150 million funding round, is led by Austin-based entrepreneur Ben Lamm..." And from a Yahoo! Finance article[2], "Colossal’s use of various gene editing technologies will make waves across sectors – in agriculture...as well as in human health through improved gene therapy and vaccine development." I think it is reasonable to assume that there is a "business model" here. [1]: https://www.statesman.com/story/business/technology/2023/01/31/texas-company-colossal-biosciences-bring-back-extinct-dodo-bird-woolly-mammoth/69855986007/ https://www.statesman.com/story/business/technology/2023/01/... [2]: https://finance.yahoo.com/news/colossal-biosciences-secures-150m-series-140000458.html https://finance.yahoo.com/news/colossal-biosciences-secures-...
- UncleEntity 4y ago
  > I think it is reasonable to assume that there is a "business model" here. Maybe the plan is to make money off the technology they create to do this and let the dodos do whatever dodos do?
- abruzzi 4y ago
  I have no idea, but I would assume the Dodos are just a good PR stunt.* There are many many many extinct animals, why Dodo? because they seem to be almost universally known. So i they are successful, it will help them move on to the next stage of profitibility, but along the way they will gain knowledge, skill, etc. I don't know how they intend to make that knowledge/skill the basis for a business though. * To be clear, I don't think the idea of a "PR stunt" is a bad thing, just that they are unlikely to consider the Dodo the profitability endpoint. Maybe they intend to build a park of extinct animals on an island somewhere and charge people huge fees to visit....
usefulcat 4y ago
> What would the business model look like for going fishing with your friends? Well for one thing it would definitely not involve $20M+ in up front costs..
- jalk 4y ago
  [flagged]
- micromacrofoot 4y ago
  Jeff Bezos commissioned a $500m yacht
bawolff 4y ago
> What would the business model look like for going fishing with your friends? I'm not sure what your point is. Guided fishing trips is a pretty well established business model. It is a very different business model from de-extinction. (To be clear i don't agree with the grand parent either, i think its plausible albeit hard to get a succesful business model around ultra rare items).

folio 4y ago

I hope you are right, but this is a for-profit company that has just received a new round of funding. From an Austin American-Statesman article[1], "Colossal Biosciences, which this week announced a new $150 million funding round, is led by Austin-based entrepreneur Ben Lamm..." And from a Yahoo! Finance article[2], "Colossal’s use of various gene editing technologies will make waves across sectors – in agriculture...as well as in human health through improved gene therapy and vaccine development." I think it is reasonable to assume that there is a "business model" here. [1]: https://www.statesman.com/story/business/technology/2023/01/31/texas-company-colossal-biosciences-bring-back-extinct-dodo-bird-woolly-mammoth/69855986007/ https://www.statesman.com/story/business/technology/2023/01/... [2]: https://finance.yahoo.com/news/colossal-biosciences-secures-150m-series-140000458.html https://finance.yahoo.com/news/colossal-biosciences-secures-...

UncleEntity 4y ago
> I think it is reasonable to assume that there is a "business model" here. Maybe the plan is to make money off the technology they create to do this and let the dodos do whatever dodos do?
abruzzi 4y ago
I have no idea, but I would assume the Dodos are just a good PR stunt.* There are many many many extinct animals, why Dodo? because they seem to be almost universally known. So i they are successful, it will help them move on to the next stage of profitibility, but along the way they will gain knowledge, skill, etc. I don't know how they intend to make that knowledge/skill the basis for a business though. * To be clear, I don't think the idea of a "PR stunt" is a bad thing, just that they are unlikely to consider the Dodo the profitability endpoint. Maybe they intend to build a park of extinct animals on an island somewhere and charge people huge fees to visit....

usefulcat 4y ago

> What would the business model look like for going fishing with your friends? Well for one thing it would definitely not involve $20M+ in up front costs..

jalk 4y ago
[flagged]
micromacrofoot 4y ago
Jeff Bezos commissioned a $500m yacht

bawolff 4y ago

> What would the business model look like for going fishing with your friends? I'm not sure what your point is. Guided fishing trips is a pretty well established business model. It is a very different business model from de-extinction. (To be clear i don't agree with the grand parent either, i think its plausible albeit hard to get a succesful business model around ultra rare items).