John has a necessary but one dimensional view of biotech start ups. The venture capital / professional money comes in quite late. About 5-7 years after formation. Most biotechs will have operated on Phase I / Phase II SBIR research grants for the first 3-7 years. These are very fun companies to work for. They are so flat there is no hierarchy ... everything is a problem that needs to be solved. Will you ask and answer your own research question? No. Will you contribute meaningfully to the team and the project? Yes. Plus if you're smart you can get equity options that will be valuable once the finance guys show up.
Chowe ... I note that you're at Bowling Green. You really should connect with me - I'm in Cleveland area ......
>matt
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Chowe <chowe@bgsu.edu> wrote:
John - For those reasons would you not recommend working for a startup? What kind of path could you recommend for someone who is young in the biotech field?
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