Xconomy: Chicken Little is History, Now Its Time for Old School VC
Summary
Chicken Little is History, Now It’s Time for Old School VC Opinion (Page 2 of 2) of continuing the search for the cutting edge, we need to re-think the numbers of biotech investment.The true cost of biotech capital must embrace the realities that it is time-consuming and expensive to back a raw, but promising idea.Remakes abound and traditionally bring in abysmal returns, as well as leaving the consumer dissatisfied: “The Women” (1939, 2008); “Invasion of the Body Snatchers” (1956, 1978, 2003, and 2007); “Godzilla” (Japanese original to American spin off generated 28 total films).Going solo or working in teams, we are offered the opportunity to ideate, create or validate any idea we believe salient to VC.Audacious, ambitious, heartfelt and passionate – these projects are a chance to tilt at a few windmills and maybe even bag a few giants.