Tech Bio Startups

topic on 1 show · 2 statements across 1 episodes

the a16z Podcast

2 statements about Tech Bio Startups, every show

a16z Insight
Lowe: Tech-bio service pilot models fail to generate sustainable economics
“And they start as a service company. They start by saying, hey, I'm gonna go to big pharma. I have a new techno, technological breakthrough. I'm gonna sell that as a pilot to, as a service to big pharma companies. And then they can't generate the economics tha…”
Jeffrey Lowe Apr 30, 2018 ▶ 4:31 Shifting Risk Mindsets, from Tech to Bio
a16z Insight
Pande: Small tech-bio pilot deals sound much more impressive than they are
“You could get early proof of concept deals, and that will look good. You might have, like, five deals, and it'll be, like, a couple hundred K each. But in reality, those are so easy to get that it's, maybe it sounds more impressive than it is.”
Vijay Pande Apr 30, 2018 ▶ 1:52 Shifting Risk Mindsets, from Tech to Bio

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