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#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
My First Million
How to Make Biota Financing More Viable
Andrew low created a new financing mechanism for the biota industry, which has now led to a company thats worth over eight billion dollars. He ran the numbers and said, if on this fund, there is a 90 % chance that you ill be able to get five block parsing drugs out of it. So he went and said, what if we got a hundred and 50 start ups to get 200 million dollars each? And that's a 30 billion dollar fund.
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