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How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co

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Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co

#11

Why was gender chosen as one of the key attributes that makes you stand out? Why not where you went to school, which country/state you're from? Your family income while growing up? Your college degree? There are plenty of things that make you more unique than your gender.

Sure, knowing that OP went to Whatever County in State Foo would be so much more valuable to her target audience... smh

Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co

#12
post #7

Earlier quoted context omitted.

[flagged]

Why is that disastrous, given that you have to be obsessed and highly risk tolerant to found a new moonshot company? That's why men are more common here. It's not some conspiracy. They are simply more likely to be obsessed, unbalanced and take on risk. Crazy, if you like. See also the most dangerous jobs, and a curious lack of concern about those being dominated by men. VCs don't care about gender or any other irrele…

I think you should start thinking more like an ally and embrace Total Equality: https://www.youtube.com/watch?v=MzpMRCeTHYE

Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co

#13
Honestly i'd be more interested in how she managed to make them cough up 11M for dogs vitamins.

I mean, if they had solid science why wouldn't they work on human? Or would that sounds to much like theranos?

She is ok with taking money from people who are know sexual predators, but can't find a female investor interested in the project. "female investors were harder to find, slower to reply, ghosted me more often, did much more diligence, and were harder to convert."

Weird

Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co

#14
Despite the sex-baiting in the title, really good article with tons of actionable, non-obvious advice! I like that the founder/writer is so technically oriented, she clearly strategizes & structures her thoughts very well and I think that probably helped her with such an amazing deal (well, it looks amazing, given her starting point - though I don’t know how much of her company she gave up for that...)

Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co

#16
Congrats, also for being honest and mentioning you previously worked in VC and had ivy-league connections.

Myself and my co-founder never had time to go network or sell to investors, building a product just took 200% of our time. Having a moonshot idea and big market didn't matter. We just didn't have the connections or the time to build them. Looking back that is all that mattered. They didn't care we had customers and revenue and a good deck or market.

Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co

#19
post #14

Despite the sex-baiting in the title, really good article with tons of actionable, non-obvious advice! I like that the founder/writer is so technically oriented, she clearly strategizes & structures her thoughts very well and I think that probably helped her with such an amazing deal (well, it looks amazing, given her starting point - though I don’t know how much of her company she gave up for that...)

The title isn't sex-baiting. The fact that the founder is female is extremely relevant to raising money. I wish that weren't the case.

The problem ranges from light sexism (skepticism over whether she can "lead" and "be tough") to blatant misogyny (trying to exchange money for sex and blackballing her from deals if she refuses or talks about it). Those are things that men mostly do not have to deal with when raising money.

Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co

#20

Why was gender chosen as one of the key attributes that makes you stand out? Why not where you went to school, which country/state you're from? Your family income while growing up? Your college degree? There are plenty of things that make you more unique than your gender.

In her case, her gender clearly makes her stand out because men are statistically the overwhelming majority in the field. Someone who came from a trade school or an underrepresented state might choose to bring these points forward instead, to share their insights with fellow working class founders.
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