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leverage resources such as practical data rooms and partake labs makes it easier for biotech startups to grow . This is good intelligence : We need more companies attacking cancer from novel angle , including AI - enabled early detection . And who sleep together , mayhap one of these will become a trillion - dollar ship’s company ? — Anna
Scaling early cancer detection
Y Combinator ’s newestrequest for startups(RFS ) is well deserving reading , and not just because it ’s been a while since the brooder shared the ideas and class its partners “ would like to see more people working on . ” As my co-worker Sarah Perez noted , YC had n’t update its full listsince 2018 .
take as a whole , YC ’s RFS is a great way to feel the zeitgeist ; the list includes AI of course , as well as clime technical school , defense tech and more . But zooming in on item-by-item asking is also a worthwhile exercise .
One of the requests that fascinate my interestingness calls for “ a way to finish Cancer the Crab . ” Written by YC group mate Surbhi Sarna , a former medical gadget ship’s company chief operating officer , it focuses on MRI . “ Since most genus Cancer are now treatable if caught early enough , ” she write , “ this technology would dramatically cut cancer death if rolled out wide and affordably . ”
My first idea was that MRI startups already survive . Just a few days earlier , New York – based Ezra raised a fresh round of$21 million — and we are spill about a team that TechCrunch first coveredin 2018 . It has competition , too , such asNeko , back by Spotify ’s Daniel Ek , andPrenuvo , which has a $ 2,500 full - body scan that waspromoted by Kim Kardashian .
For Sarna , that price point is part of the trouble , as it inherently throttle scale , but it ’s not the only one . “ There is backlash from the medical community as magnetic resonance imaging also make incidental findings ( or fake positives ) that cost our health care arrangement valuable clip and money to enquire . ” The jury isstillouton whether they are beneficial or individuals , have alone guild . But YC still hopes startups can help .
“ For this to operate , the world would require to descale up the number of MRI scans it does by at least 100x . Doing that will require innovations in the MRI hardware , the AI algorithms to interpret CAT scan and reduce off-key positives , and the stage business model and consumer merchandising to make it a viable business . ”
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Of of course , companies like Ezra are also go for to do some of this in - house . In its latestpitch deck , the inauguration boasted it “ leverages Al at every footfall of the viewing unconscious process . ” But if others can contribute from other angles , I can see why YC would be interested — I am .
Co-working for biotech
portion out lab spaces have been a biz changer for biotech startup , Naturereported . Of course , co - cultivate is n’t new , but co - operative lab ply their client with much more than situation space , economise them both time and money .
This remind me of Startup Battlefield alumParallel Health — its chief scientist officer Nathan Brown had mentioned share labs in pass when we chatted at Disrupt . I noticed he hadlikeda repost of Nature ’s article , so I asked him for his thought process . He confirmed that the skin care startup he co - set up had been usingBioLabs ‘ shared facilities in Los Angeles , and he play up some of the benefits of this concept :
BioLabs has enabled us to cost - effectively construct a consumer biotech product . They make the research laboratory infrastructure available to us without having to spend our entire seed round on Das Kapital disbursal like DNA sequence machines , laminar flow exhaust hood , and lab - grade freezer . We also save immense amount of time at BioLabs , because they get by all aspect of environmental wellness and base hit as well as infrastructure direction . Maybe most importantly , they create a thriving acculturation of innovation where startups can collaborate easily and learn from each other .
While this may take as a local endorsement , startups do n’t have to be based in California to leverage this trend . BioLabs itself is a dealership that has expanded to a dozen locating , and similar thing could likely be said of many competing facility around the domain . However , a founder interviewed by Nature , Accure HealthCEO Jessica Sang , partake a word of carefulness : Some laboratory are better furnished and wider - run than others . “ If you ’re think about starting a society , essay to visit a few just to see which one is the best . ”
Virtual data rooms
Virtual data room are another crucial resource for biotech startups . call them “ the unappreciated hero of biotech financing , ” and noting that they can also be helpful in concern developing talk , a16z published aguideon what biotech squad should and should n’t put in their data rooms .
Apple and peers
Sam Altman may not beraising trillionsfor AI check after all , but it still got me thinking : How much money is a trillion with a T ? When call for , Perplexity.ai surfaced an older CNBC article tell me that $1 trillion in $ 100 billswould fill up 4.5 Olympic - sized swimming pools — visually compelling , but not that helpful , pitiful .
Much more relevant is looking at a tilt of things that latterly go up or passed the $ 1 billion door . Not home GDPs ; we can just flummox to technical school and still have mess of anchor points . The total amountinvested in bitcoin . wry powderavailable for clime tech . Theliquidity gapfor U.S. inauguration . And Nvidia ’s market capin May of last year .
AI tailwind have n’t faltered for the microchip giant since then . Indeed , Nvidia ’s market value brieflysurpassedAmazon ’s earlier this workweek when it reached $ 1.82 trillion .
This says a lot about AI ’s power and the leg up it gives ship’s company that are intimately pose to benefit from its rise . But it should n’t dominate the spacious story about the grouping of tech companies that have become known as “ the Magnificent Seven ” and their unbelievable cumulated food market ceiling of some$13 trillion .
As CNBC noted , “ The last time Nvidia was more valuable than Amazon was in 2002 , when they were each deserving under $ 6 billion . ” Billion , with a small b. Fast - forward to today , and both are n’t that far from Apple ’s $ 2.81 trillion food market pileus . Two - third of an Apple is much more telling than dollar - fill Olympic pools , is n’t it ?
