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dalton | 6 years ago

Hello HN, I am the author of this - it's part of a series of short posts about startups I that worked directly with at YC. This is the first one I have posted one to HN.

Let me know if you have any questions. Also I would love to hear if you are working on something ambitious like the Culture Biosciences founders are!

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wgpatrick|6 years ago

Hello HN! Will here, CEO of Culture Biosciences. Happy to answer any questions you have.

sansnomme|6 years ago

Is Culture currently profitable? If not, how do you plan to be? When biotech companies fail, a lot of institutional knowledge tend to be lost so it is a great tragedy when one does.

The Y2K overshadowed the bubble for biotech companies, but similarly a lot of companies were hyped up but in the end achieved nothing. Not on the Theranos Level of failure but basically flops. A lot of basic research lead to dead ends, so funding and finances are pretty important.