BIOPUNK//NEWS
  1. Ask BN: What killed your first startup — the science or the burn rate? Ask BNFunding & Startups 25 points | ferment_or_die | | 6 comments

    What killed your first startup — the science or the burn rate?

    Context, constraints and what I have already tried are below — replies with concrete numbers appreciated over general encouragement.

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6 comments in thread
[–] lysate23 | 5 points | link

True, and said so in the README. The Rust part was mostly so contributors stop segfaulting the pH loop.

[–] micron24 | 2 points | link

This is the most honest write-up of seed terms I have read. The part about pro-rata rights is the part founders always skip.

[–] lysate51 | 1 point | link

Every time gene therapy pricing comes up someone says "manufacturing" and then nobody funds manufacturing. It is the least glamorous line item in every deck I have seen.

[–] garage_genome | 5 points | link

Teaching teenagers: use non-pathogenic yeast, keep everything on plates, and let them design the experiment. The safety risk is boredom-driven improvisation, not the enzyme.

[–] ferment47 | 3 points | link

We got a term sheet last year that explicitly cut the CMC budget to make the burn look better. Declined.

[–] incubate14 | 2 points | link

We run exactly this curriculum. Two years, zero incidents, several very good student questions we could not answer.