1/ As a parent, I often wonder whether there is a way for technology to be part of the solution to our country’s growing concerns around mental health.
2/ @AkiliLabs is creating a new class of medicine. Their first product is a first-of-its-kind FDA-cleared prescription video game to treat pediatric ADHD in 8-12 year-olds.
3/ Their technology targets the fronto-parietal attention control networks of the brain to improve attention function (e.g., focus, multitasking).
4/ Akili's lead product – EndeavorRx – has been clinically validated and shown similar outcomes to prescription drugs. This breakthrough therapy is powered by technology that directly targets cognitive function vs. current treatments which focus on symptoms and coping strategies.
5/ Importantly, while Akili's patented technology is used to treat ADHD today, they have the opportunity to eventually treat a whole host of other cognitive issues like major depressive disorder, multiple sclerosis, and autism spectrum disorder.
6/ We’re excited our biotech SPAC platform is able to partner with another company that is rethinking how we approach some of America’s most pressing healthcare issues, in this case our cognitive health.
Read more in our investment thesis. Disclaimer: bit.ly/dnaa-info
• • •
Missing some Tweet in this thread? You can try to
force a refresh
1/ Chronic kidney disease (CKD) is one of the most prevalent medical conditions, affecting more than 1 in 7 U.S. adults (as well as my late father). We spend up to $500B/yr to treat CKD with drugs and dialysis, which may incrementally slow down the disease but not reverse it
2/ Today we partnered with ProKidney, which is changing how we treat CKD. Their clinical data shows its treatment can not only significantly slow the onset of CKD compared to existing therapies, but even REVERSE the loss of kidney function, a first for CKD patients
3/ By taking ProKidney public, they will have the capital to continue Phase 3 clinical trials which have already commenced this month. We are excited to work with a company that has the opportunity to change how millions of people worldwide cope with this terrible disease
1/ $CLOV - upgraded MA PPO rating of 3.5 Stars (vs prior 3.0 Stars) - Proud of the @CloverHealth team and excited to see what the future holds 💪
2/ Shows CLOVs ability to execute and validates their wide-open network approach to access a larger TAM compared with narrow-network plans offered by competitors
3/ Around 50% of $CLOV's membership who self-identify are those of minority background vs only 34% average for the industry
1/ People misunderstand space and its implications. Since the Apollo project, focusing on space has allowed engineers and scientists to push the boundaries of the possible.
2/ Those advances would then find their way into our day to day lives - because when things are engineered for microscopic tolerances in space, they enable seemingly magical things on earth.
3/ We are now on the verge of a global expansion of space - from pervasive internet connectivity and interplanetary travel to space tourism.
We wrapped up our climate change competition and are pleased to announce our winners.
-1k+ applications
-180 were excellent
-35+ teams interviewed
-8 proposals stood out as particularly innovative
So we have 8 winning teams vs 3 as planned, and each will receive a $25k award.
I’m not an investor in @coinbase. I totally missed it. That said, I also got really lucky because many years earlier, I invested as an LP with an investor who owns a large stake.
They were investors in BTC with me but I didn’t get his incremental decision. I remember them talking to me about it and I was skeptical. My logic was that there was better convexity in Bitcoin itself.
“Why own the exchange when you can own the currency itself?”
As it turned out, there was an important secret hiding in plain sight:
Bitcoin was the first asset where you could own the protocol AND the companies built on top of it.
This unique feature is still poorly understood in crypto-land.