bridging science and business
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The Minneapolis Star Tribune reported yesterday that Steven Burrill, a California venture capitalist, is close to raising a $1 billion venture fund to promote biotechnology startups in Minnesota. Burrill is also building a biotech research park near the Mayo Clinic in Rochester.
This is huge news for Minnesota, especially in this time of dried up biotech [...]
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Here’s a quick rant.
One of the most common and inexcusable errors we see on Texas Emerging Technology Fund applications is an unbalanced balance sheet. Assets are always equal to liabilities plus equity. Always. It’s also inexcusable to have items that don’t add up on income statements or statements of cash flow. This is basic accounting, and [...]
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Over the last couple of weeks, I’ve had the chance to see and critique a lot of early-stage company presentations. One criticism that comes up again and again is that scientist-entrepreneurs waste too much time talking about the details of their discovery and not enough time on the business opportunity.
When you’re pitching to investors, [...]
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Here are four early-stage biomed-related online startups that have been in the news recently:
MedPedia — This is exactly what it sounds like, Wikipedia for medical information. They’ve enlisted top medical schools from the US, Canada, and the UK to seed the initial content, and will open the site up to MDs and PhDs to keep [...]
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Houston lags the major biotech clusters
A lot of energy has been spent in the last 10 years trying to figure out why Houston, with all the research conducted in its world-class medical center, hadn’t spawned more biotech startups. Houston lagged behind the major biotech clusters–San Francisco, San Diego, and Boston–in the number of biotech employees [...]
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Underwinding DNA Disrupts Its Structure
I am available to help early stage biotech and medical device companies commercialize technologies in Houston. If you need assistance developing a business plan or raising money, please .
