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Transcend Therapeutics

3 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Sep 14, 2023 by Kevin Ryan · across every show →

Everything said about Transcend Therapeutics, oldest first

Sep 14, 2023 bullish
Assertion Supported
Transcend Therapeutics secured a patent for mental health compound methylone
“If you follow this industry, you know that you can't patent MDMA or mushrooms because those have been around for a long time, but we actually did get a patent for methylone, which is the compound that we're working on.”
Kevin Ryan Sep 14, 2023 ▶ 21:45 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
Sep 14, 2023 bullish
Disclosure
Transcend Therapeutics raised $40 million at an $80 million pre-money valuation
“Because we started off with a million and a half dollars, but we raised forty million dollars about a year to a year and a half later in two tranches at eighty million free.”
Kevin Ryan Sep 14, 2023 ▶ 21:15 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
Sep 14, 2023 bullish
Disclosure
AlleyCorp holds a $50 million position in Transcend off $5 million invested
“Now there's still risk, but that company is, you know, we currently have a fifty million dollar position based on our five million that we've invested so far, and we think it has a lot of potential.”
Kevin Ryan Sep 14, 2023 ▶ 21:58 How This Billionaire Founder Finds +$20B Business Ideas | Kevin Ryan Interview (#495)
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