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Agreed about the money and time, but I do think biotech ideas are harder to evaluate, if only because the basic knowledge required is far more specialized. You
by timr 13y ago
Agreed about the money and time, but I do think biotech ideas are harder to evaluate, if only because the basic knowledge required is far more specialized.
Your average CS undergrad can understand the technical risks of most software startup ideas, but you need at least a graduate degree or equivalent industry experience to be able to evaluate the technical feasibility of lab research. Moreover, life science research depends on sophisticated intuition that can't really be taught in a classroom.
- danieltillett 13y agoI agree the barrier to entry in biotech is higher than software - in the area of bioinformatics it is usually easier to train someone with a life sciences PhD how to write software (bad software usually) than it is to try to train a CS graduate in the required life sciences. However once you have skills in both area the biotech ideas are easier to evaluate. I think this might be due to there being more good biotech ideas around because far fewer can be exploited because of the cost.