a16z Podcast

a16z Podcast: Breaking Into Bio

May 2, 2018
Atul Butte, a distinguished professor at UCSF, and Daphne Koller, founder and CEO of insitro and a former Stanford professor, dive into the world of biotech entrepreneurship. They discuss transitioning from academia to industry and highlight the importance of understanding real-world challenges in healthcare. The duo shares insights on building a brand, choosing the right co-founder, and the value of resilience in startups. They also address the evolution of machine learning in biology and the necessity of scientific trust in the biotech landscape.
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ADVICE

Go Deep in Biomed

  • Go deeper than superficial tech solutions in bio and medicine.
  • Learn the specific vocabulary and spend time with experts to understand true pain points.
INSIGHT

Healthcare's Complexity

  • The healthcare system's complexity hinders adoption, even for simple solutions.
  • Bureaucracies, approvals, and entrenched practices create barriers.
ADVICE

Gain Healthcare Knowledge

  • Gain knowledge of hospital systems, payers, and providers.
  • Healthcare is the hardest go-to-market; consider a co-founder with experience.
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