BIOPUNK//NEWS

Comments by agar21

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.

[–] agar21 | 4 points | link |on A benchtop sequencer teardown, with schematics

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.

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