Building a biotech company in Silicon Valley is amazing, but I quickly learned to not take common startup-isms at face value & to validate for myself that they translate over to building in bio. Many don't. Here's some differences I've noticed so far: celinehh.com/tech-vs-biotech
& a few faves:
TECH: Rolling derisking, early signs of product-market fit
BIOTECH: Derisking comes in bursts over years (biological milestones), early signals less reliable
TECH: Outsourcing product development or engineering unadvisable
BIOTECH: Common to use contractors
TECH: Rolling derisking, early signs of product-market fit
BIOTECH: Derisking comes in bursts over years (biological milestones), early signals less reliable
TECH: Outsourcing product development or engineering unadvisable
BIOTECH: Common to use contractors
TECH: Can create a new market
BIOTECH: Markets are diseases and therefore public domain
TECH: Markets are winner-take-all
BIOTECH: Many winners
BIOTECH: Markets are diseases and therefore public domain
TECH: Markets are winner-take-all
BIOTECH: Many winners
TECH: Milestones center around selling the product, revenue, and other customer-centric metrics
BIOTECH: Milestones center around biological de-risking
Of course, I've never built a tech co - LMK if you disagree or you notice any misconceptions!
BIOTECH: Milestones center around biological de-risking
Of course, I've never built a tech co - LMK if you disagree or you notice any misconceptions!
