AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
Elad Gil on Conviction, AI, Biotech, Ambition, Speed of Execution, and Non-Obvious Startup Advice
The Peel with Turner Novak
Challenges in Building Large Biotech Companies
The biotech industry has not seen the founding of $50 billion plus companies recently, unlike the tech industry which has seen companies like Stripe and Shopify. The highest recent market cap in biotech is Moderna at about 40 billion due to the COVID response. Vertex and Regeneron, worth tens to 100 billion, were founded in the 80s. The biotech sector faces challenges in building large companies, possibly due to systemic distortions, industry structure, regulation, founder models, and the time required for drug development.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode