Re: [DIYbio] YCombinator for Biotech Open now in SF (Indie Bio prev SynBioAxlr8r)

I think it's just a simplicity thing, not a power thing, I've signed probably several hundred NDA's in my corporate life (and worked with companies like Pfizer, Amgen, Genentech, Sanofi and etc), I've also pitched to several dozen angels and vc's with my biotech startup hat on and even light NDA's are a pain to execute and track. Imagine having to sign an NDA for anything that anyone wants to discuss with you and then tracking that for 5, 10 years or indefinitely, it's just not a pragmatic way to operate. NDA's do make sense for deep technology dives and some venture firms will sign them during due diligence but those are usually cases where there's trade secrets, patents pending or patents. Not usually idea stage startups (with little to no built technology).

One lesson I've learnt having worked with and also starting biotech startups is that talk is cheap. Everyone has an idea but few actually try to make it a reality, the making part is hard. Many people say they have brilliant ideas and never prove they can build those ideas or sell to those markets. Being an entrepreneur isn't an easy path but for some of us the idea of riding that dragon to make your mind's eye vision a reality is worth it, even though there's a good chance you'll fail, what if you don't

On Saturday, October 18, 2014 1:21:44 PM UTC-7, Yuriy Fazylov wrote:

What are the advantages to SF? Why is it biannually in SF?

Why not do it in NYC once in a blue moon? It's the other place where you can find a ton of VCs?

NY is becoming BioTech friendly. There are even meetups for VCs for BioTech. I am not sure how start-up friendly bureaucrats are.

Find out more at http://startup.ny.gov/. Having just revisited that site after not being there for a long time, I see a lot less detail than I did before, but there is still a features such as taxfree (virtually all tax forms) operations and company employee living.

On Tuesday, October 7, 2014 12:58:18 PM UTC-4, Cathal (Phone) wrote:

Yep! Now a bi-yearly SF/Cork phenomenon. Yay Cork!

On 7 October 2014 17:39:12 GMT+01:00, Nathan McCorkle <nmz...@gmail.com> wrote:

Ahh so this is what SynBioAxlr8r became?

On Tue, Oct 7, 2014 at 9:05 AM, Cathal (Phone) <cathal...@cathalgarvey.me> wrote:

That's right, thanks Dakota. Speaking from direct involvement, there's a lot of intangible goodness involved, in terms of access to skilled mentorship (beyond those listed on the site) and contacts who can help with a project. This year's run in Cork was the first ever, and despite that and all the attached teething issues, it was great fun and very successful. Can't wait for next Summer's programme!

On 7 October 2014 16:21:34 GMT+01:00, Dakota Hamill <dko...@gmail.com> wrote:

$35,000 for 8% is what I read on the site

On Tue, Oct 7, 2014 at 11:17 AM, Nathan McCorkle <nmz...@gmail.com> wrote:

I can't tell from the web site if and what their cut of profits or equity may be. Can you post that number or those terms here?

On Oct 6, 2014 8:19 PM, "Biotech Ryan" <ryan.bet...@gmail.com> wrote:

Hi All, we (Berkeley Biolabs) are helping the team at SOS ventures and they've just launched their new DIY Bio accelerator in Downtown SF and they're accepting global applications. 

It's super exciting to finally see a real accelerator for DIY Bio in SF, the first class starts this Jan and applications are due soon, so if you have an idea that you're working on and want to get funding SOS ventures is definitely worth applying to. The first batch of companies out of Indie Bio (previously synbioaxlr8r) have been really successful, 4 out of 6 raised their first rounds (between $500k - $2M in the case of Muufri). Congrats to all the teams and apply :)

I talked to Arvind and he said the he'll be looking at applications as they come in so earlier applications have a better chance of getting funded

http://indieb.io/apply-to-sf/

--
-- You received this message because you are subscribed to the Google Groups DIYbio group. To post to this group, send email to diy...@googlegroups.com. To unsubscribe from this group, send email to diybio+un...@googlegroups.com. For more options, visit this group at https://groups.google.com/d/forum/diybio?hl=en
Learn more at www.diybio.org
---
You received this message because you are subscribed to the Google Groups "DIYbio" group.
To unsubscribe from this group and stop receiving emails from it, send an email to diybio+un...@googlegroups.com.
To post to this group, send email to diy...@googlegroups.com.
Visit this group at http://groups.google.com/group/diybio.
To view this discussion on the web visit https://groups.google.com/d/msgid/diybio/28a8c0ba-e6fd-43f5-9217-2e2cbbbc5a5d%40googlegroups.com.
For more options, visit https://groups.google.com/d/optout.

--
-- You received this message because you are subscribed to the Google Groups DIYbio group. To post to this group, send email to diy...@googlegroups.com. To unsubscribe from this group, send email to diybio+un...@googlegroups.com. For more options, visit this group at https://groups.google.com/d/forum/diybio?hl=en
Learn more at www.diybio.org
---
You received this message because you are subscribed to the Google Groups "DIYbio" group.
To unsubscribe from this group and stop receiving emails from it, send an email to diybio+un...@googlegroups.com.
To post to this group, send email to diy...@googlegroups.com.
Visit this group at http://groups.google.com/group/diybio.

To view this discussion on the web visit https://groups.google.com/d/msgid/diybio/CA%2B82U9JB3EyWx7c_8vvTnXzPB-2HHRoS14W-k58D0x9vAHwrJA%40mail.gmail.com.

For more options, visit https://groups.google.com/d/optout.

--

Sent from my Android device with K-9 Mail. Please excuse my brevity.

--
-- You received this message because you are subscribed to the Google Groups DIYbio group. To post to this group, send email to diy...@googlegroups.com. To unsubscribe from this group, send email to diybio+un...@googlegroups.com. For more options, visit this group at https://groups.google.com/d/forum/diybio?hl=en
Learn more at www.diybio.org
---
You received this message because you are subscribed to the Google Groups "DIYbio" group.
To unsubscribe from this group and stop receiving emails from it, send an email to diybio+un...@googlegroups.com.
To post to this group, send email to diy...@googlegroups.com.
Visit this group at http://groups.google.com/group/diybio.
To view this discussion on the web visit https://groups.google.com/d/msgid/diybio/9164E4FB-0383-4C2B-9043-17DD8E523815%40cathalgarvey.me.

For more options, visit https://groups.google.com/d/optout.

--
-Nathan

--
Sent from my Android device with K-9 Mail. Please excuse my brevity.