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!
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.
The story of how AWS started is a common misconception. Yes, it began with S3, but it’s just not true that Amazon externalized its internal application hosting technology.
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!