I would estimate the chance of this startup actually finding a way to increase life span below 1%.
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
#72I would estimate the chance of this startup actually finding a way to increase life span below 1%.
"Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something."
Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co
#73Interesting that she had a much easier time raising from men than women. She mentions having a CRM with 150+ investors, so presumably this isn't just random chance based on a small number of interactions. One possible reason is that men may have been actively looking to invest in female founders for diversity reasons. Female investors wouldn't feel the same pressure for gender diversity among their portfolio companie…
Women and Minorities Are Penalized for Promoting Diversity
https://hbr.org/2016/03/women-and-minorities-are-penalized-f...
Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co
#74What is the best food to feed my pupper?
Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co
#75I would estimate the chance of this startup actually finding a way to increase life span below 1%.
You can’t win a lottery without a ticket
Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co
#76What is the best food to feed my pupper?
Any of the mainstream brands like Purina. They have excellent science behind their food and it will keep your pet healthy. They have a brand to defend, after all. If they made pets sick, they’d be done for.
Source: a vet friend
Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co
#77>Loyal is developing drugs to extend dog lifespan and healthspan. Wow this is a huge undertaking. I wish you luck and I don't mean that sarcastically! If you can do that to a dog, it seems trivial to extend to humans. Have any drugs or supplements extended dog lifespan in the literature? Rapamycin I guess?
It's extremely expensive and complex to try to do this for humans, due to huge regulatory and ethical costs.
So solving the problem for dogs first might be a clever way round much of that!
Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co
#78>It’s a VC’s job to keep the door open. Many were ‘blown away’, then passed before the second meeting. This is normal.
I'm sometimes working with US-Americans and not being US-American myself, I feel like this is also a US-cultural thing? In important meetings with US stakeholders I struggle to read the room because everything is always 'awesome' and 'amazing', there's rarely upfront criticism. Honest feedback has to be pried out of people later at the bar.
I think this is valuable knowledge for non-US people trying to get into US-style work and funding.
Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co
#79This article got a lot of user flags. That's bad—it's obviously a substantive article, squarely on topic for HN and not sensational, ideological, or predictable. Even a quick skim is enough to see that it doesn't break down along any of the obvious faultlines for this general topic. That not only means it shouldn't have been flagged, it makes it HN gold. If you've been wielding the flag club that indiscriminately...p…
> Can a platitude be nasty? or do I need a different word?
It works. Nasty banalities could be used too. Slightly different meaning but both reflect what is happening.
Re: How I raised a $5.1M seed as a first-time, female, solo founder for a biotech co
#80I had two thoughts on this: 1. Is it even possible to bootstrap a biotech fund if you’re not rich (min 10mil net worth)? The author doesn’t really say why they even need funding but I imagine biotech has a lot of up front costs. 2. Given how you can “game” your pitches - from the VCs perspective isn’t this bad? Wouldn’t that mean potentially bad companies could “con” you into funding them? I wonder what the downside…
"Given how you can “game” your pitches - from the VCs perspective isn’t this bad? Wouldn’t that mean potentially bad companies could “con” you into funding them?"
It's pretty similar to gaming job interviews. But in my experience, VCs are very good at reading between the lines, to the point that they sometimes understand the pitch better than the person making it. I don't see anything here as gaming it though. Some VCs even recommend you do something similar.
"I wonder what the downside is of being strictly objective is (if possible)."
The best investments often have a lot of strengths and a lot of weaknesses. Being strictly objective usually emphasizes the weaknesses more. A lot of VCs look for strengths, but these are often unique and poorly defined.