2min chapter

BIOS cover image

42. Pharma BD to TechBio VC w/ Becky Pferdehirt - Partner @ Andreessen Horowitz (a16z Bio + Health Fund) & Seth Lieblich - Principal @ 8VC (Bio Team)

BIOS

CHAPTER

Early Stage Venture Capital

Early stage deals on truly new and innovative technologies can be the most challenging partnerships to execute. The transition from b d to v c is a really natural one, if you are comfortable with quickly picking up new areas of science. One of the big differences, particularly for early stage v c, is that the level of risk tolerance is different. So ultimately, you know whether or not this will actually be interesting to the downstream buyer.

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