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Edit: Seriously, I really want to know what people think about the question at the end. I worked with someone who works at cd2, and on a selfish note I'm just c
by kevinalexbrown 14y ago
Edit: Seriously, I really want to know what people think about the question at the end. I worked with someone who works at cd2, and on a selfish note I'm just curious.
I'm a "pasty scientist" paid by DARPA, in biotech. I work for someone who previously founded a brain-machine-interface company that had a small IPO (cyberkinetics). I would love nothing more than to see things I work on get turned into viable products. This seems to require two things: a) public investment in vague-but-cool-sounding-what-if projects, and b) easy ways to translate them into usable products.
For (a), someone should be funding things that might be valuable "platforms" for society: the human genome project, ARPANet, basic mathematics research (Fourier analysis, instrumental in many, many commercial products, was one such basic mathematical result for a long time). The value of these platforms may take a long time to pan out (if ever), so it makes sense to fund them as a society. Perhaps government per se isn't required - it could be done by some collection of nonprofits - but the funding won't come from many private firms. Further, if we want these platforms to be of use to many companies, perhaps they shouldn't come from private firms.
I think about it like I think about LAPACK. LAPACK is used by almost every scientific computing library for matrix multiplication. Now if Intel and AMD want to come along and make proprietary versions of it (e.g. Intel's Math Kernel Library), or if Matlab or Mathematica want to wrap them into an easy-to-use product, or someone needs it for a robot controller for a factory, that's awesome! The point is that there is some value in public research the market can draw on to make nice things (the ROI on LAPACK must be HUGE for whatever nominal cost + non-nominal man-hours it takes).
(b) is difficult, but there have been some efforts. One such is INVO[0], an effort at Northwestern that helps researchers develop their ideas without losing too much control in the process. They just founded cd2[1], the center for device development, that helps clinicians and engineers navigate the bureaucratic and regulatory hoops, and ultimately pitch. The key is that like YC, they have a strong network of people who understand this process, who to talk to, what you're really signing when you sign a piece of paper, etc. They pay you (for a year!) to work on your project.
My question (updated for clarity): What do potential founders of not-widget-startups want to be able to pursue the kind of innovation mentioned in the article? In particular, what would help translate academic proof-of-concept ideas into viable, fundable, products?
It would seem that asking VC's to fund cooler projects at the expense of profits is not the right way to go. Maybe a better strategy is to ease the link between cutting-edge research and consumer-facing products. What would help with that?
[0](http://invo.northwestern.edu/about http://invo.northwestern.edu/about)
[1](http://cd2.northwestern.edu/ http://cd2.northwestern.edu/)
- philwelch 14y agoThere are no more tech startups. There are startups that use technology, but writing CRUD apps to manage house cleaners and town cars isn't developing new technology.
- zaidf 14y agoDefine "tech startups".
- deleted 14y ago[deleted]
- nostrademons 14y agoThat's no more true now than it was 15 years ago. There're startups doing amazing things with depth cameras, motion capture, computer vision, robotics, large-scale databases, multimedia processing, collaborative filtering, and so on. They are, of course, a tiny minority of all startups, but that's because it will always be easier to write CRUD apps to manage house cleaners and town cars than to develop genuinely new technology. I remember a quote from Larry or Sergey back in the early days of Google (before the dot-com implosion) that was to the effect of "Do any of those other tech startups have any actual technology?" It's always been like this - wannabes hoping to get rich quickly outnumber the genuine innovators. It doesn't mean the latter group doesn't exist, only that you have to work to find them.
- ephermata 14y agoWhat optimization tasks do Exec and Uber solve to provide the quality of service their customers expect?
- redwood 14y agoI'll be honest: I'm not clear on what the question at the end is. Are you saying: it's not easy to turn academic research concepts into commercial products? Well this is precisely what Silicon Valley has learned to do better than anywhere else. If you're asking how we can make the process better, doesn't it boil down to having investors who see the value of these ideas? You need to frame the business case to them in their lingo. If they don't want to invest in you because they think the can make more money on BS web investments, then we're all losing. But ultimately there will be a shakeout in web investments...and then there will be a shift back.