Investor sentiment towards techbio platform companies today matches investor sentiment towards internet companies in 2002. Investors were wrong then and they're wrong now.
Strongly agree.
Dylan Reid
3w
💯
Amen
So very true!
Bill Bedell
3w
Netscape ftw
Peter Morse
3w
@unicornbiotechnologies to the rescue! 🔥
Co-founder, CEO & CSO of ENZIDIA
3w👍 Investment sentiments tend to go boom or bust toward given areas. It helps to look at the big picture: 1. What has to happen has to happen. At the turn of the century, digitization was bound to happen, just like any other technology revolution. For the near future, de-fossilization has to happen, and no other area has nearly as much potential as synbio/techbio for providing alternative solutions to fossil-based ways of production. 2. Startups don’t succeed because they fit into a category or hit certain buzz words. They succeed because they have unique advantages and get things right. So investing indiscriminately just because of concept fit (a boom phase, e.g., for internet, AI, synbio) will lead to a bust phase, because most will fail. Hot topics would become burnt topics, with the fall of a few investment darlings. The bust phase don’t change point #1. There will be winners that materialize the revolution that’s bound to come. The real deals will move forward regardless of where the sentiments are. They think through first principles, and focus on doing things right, not flashing concepts that sell.