Can financial heal cancer?

Neil Kumar:

It’s really formidable to remonstrate an financier that this sickle dungeon or this Tay-Sachs or this Huntington proceed is a right approach. What one has to do to attract a immeasurable infancy of collateral in a universe to a early-stage space like this is to say, look, it’s true, we’re going to take mostly losses, though a integrate of wins are going to compensate us out for those losses.

In a film industry, for instance, one wouldn’t financial one or dual cinema anticipating that that specific film is going to be a blockbuster, though rather you’re going to financial a crowd of movies, anticipating that one or dual will eventually turn a blockbuster. It’s really formidable to predict.

If we only take one shot on idea — and shots on idea could take 10 years — a many expected unfolding is that we lose, no matter how intelligent we am.

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