Morin: Biotech and Software Intersection Starts 30-Year Shift Like PCs
Dave Morin · 20VC: Dave Morin on Why Building A Fund Is Like A Company, Why Venture Is A Craft & The Journey To Establish Slow Ventures · Sep 28, 2016 · at 24:53
Dave Morin, co-founder of Slow Ventures, outlines his long-term investment thesis surrounding biotechnology and software.
0:00 / 0:11exact quote · 11.4s
720p mp4 · rendered on demand · StarZero watermark
“I really think that we're on, we're at the beginning of a thirty-year journey that's similar to the personal computer that is going to Be based on genomics, technology, and software.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Dave Morin
Morin: Slow Ventures Targets 2% to 5% Ownership Over Traditional 20%
“At the size of funds that, that we are at today you know, we think we can create performance at the two to five percent level of ownership. Do that across many companies rather than needing to just be at the 20, 30% your traditional fund might target along wit…”
Morin: Entrepreneurial Drive Is Innate and Instantly Identifiable
“If you're an entrepreneur. It's just innate. Like, it's really clear to me. Like, I can tell that you're a purebred entrepreneur from, like, across the ocean and having never talked to you on the phone. Like, it's just, like, super clear. You know, when you ha…”
Morin: Silicon Valley Culture Is Workaholic and Transactional
“I think in Silicon Valley, we have a workaholic culture is really sort of transactional.”
Morin: Venture Partnerships Are Like Marriages Requiring Collective Decision-Making
“I think of it as building out a marriage more than anything, you know, it requires really honest and open communication and, An eye towards the collective rather than, you know, a single person benevolent dictatorship.”