Sramana Mitra: What is the situation vis-a-vis startup biotech companies that want to use a platform like Atomwise? Is Atomwise seeing startup biotech companies build on their platform?
>>>As you know, I categorically support bootstrapped entrepreneurs.
There are numerous startups now that have achieved some revenue without any external funding.
However, it has taken time. Sometimes, it has taken 5-7 years to get there.
VCs, however, are looking for velocity.
Their goal is to achieve $100M in 5-7 years.
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Sramana Mitra: Could you talk a little bit about the financing journey of a company that has a 10-15 year lifecycle?
>>>MongoDB (NASDAQ: MDB) reported stellar third quarter results last week. However, sudden leadership changes and worries about a weak sequential growth sent the stock falling 8% in the after-hours session.
>>>Sramana Mitra: So let’s double click down on drug discovery. It’s something that I’ve been spending time on as well. What have you invested in and how are you thinking about AI-enabled drug discovery?
What’s the criteria of what you want to invest in and what have you invested in?
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