Activate

“We've supported roughly 300 founders, scientific founders. That's led to about 230 companies, and here's a stat that I think is really worth knowing, that those companies after Activate Have raised collectively five billion dollars and fall on funding.”

“We see about a thousand applicants a year in the U.S., and we're able to support anywhere between 40 and 50 fellows across the country”

“For any scientist or engineer who wants to be the CEO to actually run the business, that is why Activate exists as well, because we are, you know, we firmly believe if you are trying to retire risk in these hard tech ventures in the very early days, there is a…”

“One of the best insertion moments in a person's career trajectory is really right after that PhD or like during or right after the postdoc, because at that moment in time, They're making a career decision, right?”

“We don't do software. We don't do AI. Like we're in the business of the physical world. So steel in the ground, that's who we are.”

“So a 100,000 a year in basic salary on top of that, they get health benefits and then an additional a 100,000 over the fellowship as a recoverable grant. And that means if they end up hitting milestones, they raise funds, they can return those funds to activat…”