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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 Bi
by 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 agoI 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....