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20VC Assertion Partly supported
Bannon: Othellis blood diagnostic hardware costs $250 and $5 per test
“The Ethelus device cost 250 bucks, and each test Costs five dollars, and it gives you results in minutes, and it works.”
Seth Bannon Aug 7, 2017 ▶ 29:06 20VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
20VC Assertion Supported
Bannon: 83% of MBAs would take a pay cut for societal impact
“Net Impact did a study of MBA students and found that 83% would take a 15% pay cut to work for a company that had positive societal or environmental ends.”
Seth Bannon Aug 7, 2017 ▶ 11:42 20VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
20VC Assertion Supported
Bannon: 87% of millennials measure business success beyond financial performance
“Deloitte, for example, did a study of 7700 millennials across 29 countries. And 87% of the millennials they surveyed said that the success of a business should be measured in terms of more than just its financial performance.”
Seth Bannon Aug 7, 2017 ▶ 9:49 20VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
20VC Assertion Supported
Bannon: Y Combinator has heavily shifted focus to biotech since 2013
“Even if you look at something early stage like Y Combinator, right, they have invested way more attention and resources into attracting and helping synthetic biology and biotech companies than they did four years ago. Four years ago, they weren't doing it at a…”
Seth Bannon Aug 7, 2017 ▶ 18:53 20VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years
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