article thumbnail

Out of the Crisis #13: Alpha Lee on remembering the 2003 SARS epidemic and his opensource COVID-19 Moonshot

Startup Lessons Learned

We're very fortunate that the YCombinator program took us on and is our incubator company, all of that. The main proteinase of SARS-CoV-1 and SARS-CoV-2 shares a 96% similarity, which means that if the world had persisted in discovering a proteinase inhibitor against the 2003 version of SARS, COVID-19 might not even be a pandemic.

article thumbnail

30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

The sales helped them raise $30K and the attention of a startup incubator, which offered them training and another $20K in funding. The company didn’t turn a profit until 2003, but by 2005 business was booming – Netflix was shipping out a million DVDs daily. 4- Netflix. Photo Credit: Jen Wan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Evolution of Entrepreneurial Education and Corporate Innovation

Steve Blank

The easy part is, “Let’s have an incubator.” Philip Bouchard : You’ve started teaching at Berkeley since 2002, Columbia in 2003 and at Stanford since 2011. A third is incubators and makers’ spaces. By contrast, an incubator and accelerator is a point activity.

Incubator 331
article thumbnail

A Bright Future for Bioscience in Temple, Texas

Austin Startup

These are achievable dreams, and our goal as a bioscience incubator is to help make those dreams reality through education, mentorship, and access to technology.”?—?Tami We want to inspire children by showing them that biotech careers are thriving right here in their own home town. Tami Annable, THBD Executive Director.

Texas 63
article thumbnail

How to Get Superior Returns in Venture Capital

David Teten

Incubating companies. My experience has been this lever brings three benefits: it lowers origination costs because more founders want to raise capital from you; it enhances your leverage in negotiating with the CEO; and it lowers your failure rate. . They get in early and cheap with very attractive economics.

article thumbnail

How to Get Superior Returns in Venture Capital

David Teten

Incubating companies. My experience has been this lever brings three benefits: it lowers origination costs because more founders want to raise capital from you; it enhances your leverage in negotiating with the CEO; and it lowers your failure rate. . They get in early and cheap with very attractive economics.

article thumbnail

30 Compelling Reasons to Start a Business

Up and Running

The amount of free or affordable resources available online or at startup incubators has never been greater,” he says. I ventured into entrepreneurship in 2003, when I fell victim to my third layoff within a six year time span,” she says. “I Connect on Twitter: @SeniorCareBox. Reason #15: Turn your vision into reality.

Cofounder 165