A backend platform was developed to address the lack of advanced biomanufacturing capacity in the US, allowing biotech companies to raise funds more efficiently and focus on innovation. This platform enabled companies to reduce the amount of capital needed for the first round of funding and allowed for the manufacturing of MRNA and cell therapies. The emergence of companies like Gingikigos highlights the growing need for platforms to support biotech companies in manufacturing without requiring each company to develop their manufacturing capabilities.
First Jason covers the $19M Bored Ape Yacht Club bid on Sotheby's & the Loot NFT collection launched by a Vine co-founder (1:42), and briefly covers Tether being banned from Canadian exchanges (11:07). Then serial founder and investor Joe Lonsdale joins (19:53) to discuss his companies (Palantir, Addepar, OpenGov), his new podcast "American Optimist," what regulations need to be fixed in the US, China's bold moves & more.