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Ask BN: What killed your first startup — the science or the burn rate?
Ask BNFunding & Startups
25 points
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ferment_or_die
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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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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.
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.
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.
We got a term sheet last year that explicitly cut the CMC budget to make the burn look better. Declined.
We run exactly this curriculum. Two years, zero incidents, several very good student questions we could not answer.
True, and said so in the README. The Rust part was mostly so contributors stop segfaulting the pH loop.