I’ve also seen it with biotech companies like Genentech. They are making money hand over fist, more and more each year, so they can try for moonshots and give researchers a lot more leeway to do things their way.
But once the money dried up, it was mostly gone. Got bills to pay and need to show returns on R&D in the near term.
I’ve also seen it with biotech companies like Genentech. They are making money hand over fist, more and more each year, so they can try for moonshots and give researchers a lot more leeway to do things their way.
But once the money dried up, it was mostly gone. Got bills to pay and need to show returns on R&D in the near term.