Re: [DIYbio] Looking to collaborate on a potential biotech business

I'm starting a biotech biz myself, been working on things for a few
years, probably won't be up and running for another 1-2 years. The way
you set up the business depends what you're going for,
self-sustenance, organic growth, investor funded growth etc. I'm
finding that some suppliers I want to deal with are being quite
structured with where they'll ship items to, meaning they want to see
a commercially zoned space with my name on the lease before shipping
to me. This is a lot of overhead to deal with in the early stages, but
I'm banding together with local folks who might also share some space
with me, and if we can get more than a single room somewhere this will
likely also be a teaching diybio workshop space.

I recently heard a lot of Silicon Valley startups (not just biotech)
incorporate then simply ignore the lawyer bill (not even filing
bankruptcy, just simply not paying). This seems really
dirty/slimy/grimy and I wonder how many successful or semi-successful
companies started on such nasty foundations. These practices are
completely disgraceful in my opinion, I guess it's just another thing
making honest efforts harder.

On Mon, Jul 29, 2013 at 12:53 PM, LawrenceHI <wisco_cheese@yahoo.com> wrote:
> I have an undergraduate bachelor's of science degree in agriculture with a
> focus on micropropagation (tissue culture) and am interested in starting a
> business. I would appreciate any help or advice in doing so. I live in the
> US and our industry has no specific regulations other than general labor
> laws.
>
> I understand this area isn't much of the discussion on the DIYbio board,
> cloning exceptional individuals rather than cutting DNA. I am throwing it
> out there because there is a lot of congruence with lab equipment and
> thought it could be a nice segue into other biotech endeavors or fund a more
> public lab.
>
> Legal advice and anecdotal evidence would be valued replies.
>
> Lawrence
>
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--
-Nathan

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