Startup School by Y Combinator Advice for Hard-tech and Biotech Founders by Jared Friedman
Sep 20, 2019
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YC Is Big On Hard-Tech And Biotech
- YC funds many hard-tech and biotech startups and sees higher acceptance rates from them.
- This suggests investor appetite and institutional support for ambitious technical founders is strong.
Rax Launched With Existing Devices
- Rax avoided a long FDA path by launching a basic service using an existing approved medical device plus software.
- That allowed them to go live within YC in under three months without new approvals.
Notable Labs Sold Services First
- Notable Labs sold tumor-screening services to pharma to generate revenue and data before developing their own drugs.
- The early services funded and informed their drug discovery efforts.