Who to recruit? Flaws? Nayeem: Companies wait too long to resource manufacturing side (COO). Details need clarity #BHCRForum17
10:16am April 20th 2017 via Hootsuite
Nayeem: If you are a scientist starting a company, remember your audience is different, have different goals, interests #BHCRForum17
10:15am April 20th 2017 via Hootsuite
Kohr: Start early, refine the story based on feedback. People will track you, and $8M investors were pitched 9mos earlier #BHCRForum17
10:12am April 20th 2017 via Hootsuite
Wu: Getting feedback for why an investor may not be interested "not a fit" but doesn't help entrepreneur at all. #BHCRForum17
10:09am April 20th 2017 via Hootsuite
Johnston: Some may get frustrated at investors, due to their focus on the market. Seek to understand why people say 'no' #BHCRForum17
10:08am April 20th 2017 via Hootsuite
Repositioning? Kohr: Retinopathy from a desktop to mobile. Kosofky: One cmpy went to the family office investors #BHCRForum17
10:05am April 20th 2017 via Hootsuite
Nayeem: Founded Vitesse in G-burg, although tech came out of Boston, due to experience of CEO #BHCRForum17
10:01am April 20th 2017 via Hootsuite
Nayeem: If mgmt in place. In Boston, Flagship, Third Rock will fill in management holes for a while. Unwilling to do elsewhere. #BHCRForum17
9:57am April 20th 2017 via Hootsuite
Kohr: At the Inst A level, do your homework on their focus, their story. Can get funding from overseas 'good ideas travel well' #BHCRForum17
9:56am April 20th 2017 via Hootsuite
Kosofsky: If the team and technology is there. Kohr: Hard at the shoestring/duct tape stage. Angel networks more geography #BHCRForum17
9:55am April 20th 2017 via Hootsuite
Johnston: You should be the best in these communities, and you will get funded. At seed stage, more sympathetic ($100K-200K) #BHCRForum17
9:54am April 20th 2017 via Hootsuite
Johnston: Have invested in MO, ID, NC. They invest there b/c 'we believe they are the best at what they do' #BHCRForum17
9:53am April 20th 2017 via Hootsuite
Staying in this region? Johnston: Doesn't believe that local VC isn't sufficient 'isn't an argument'. A national stage #BHCRForum17
9:52am April 20th 2017 via Hootsuite
Johnston: Many can get to senior people and borrow their expertise and credibility. Also may be great source of referrals #BHCRForum17
9:50am April 20th 2017 via Hootsuite
Nayeem: Others who have been successful don't tie themselves to a particular area; may need to talk with people all over #BHCRForum17
9:48am April 20th 2017 via Hootsuite
What's a new entrepreneur to do w/o experience? Nayeem: Founders may have a exec chairman who can recruit. Others network #BHCRForum17
9:47am April 20th 2017 via Hootsuite
Kosofsky: An A team could not get interest in a burn product; bought a small asset to reposition and move from there #BHCRForum17
9:45am April 20th 2017 via Hootsuite
Johnston: Da Vinci health for billing individuals. EVP didn't understand billing; so he did receivables in Boise ID for 1y #BHCRForum17
9:43am April 20th 2017 via Hootsuite
Kohr: You fix what can be fixed, and you want an A management team and a B business plan rather than the opposite #BHCRForum17
9:41am April 20th 2017 via Hootsuite
Early-stage startup input? Kohr: It's exciting, you see the holes. You see loans on buildings, need for restructuring #BHCRForum17
9:40am April 20th 2017 via Hootsuite
Wu: His big question is reimbursement: who will pay for your product? #BHCRForum17
9:39am April 20th 2017 via Hootsuite
Kosofsky: Looking at it from the debt side, does every role need a body? First 12-18 months, wearing multiple hats = good thing #BHCRForum17
Nayeem: You need to know the market size, what the market need and landscape is, and the clin trial design, costs #BHCRForum17
9:38am April 20th 2017 via Hootsuite
Kohr: What's the problem, how to you solve it, what's the revenue model? Be disciplined and focused on that #BHCRForum17
9:36am April 20th 2017 via Hootsuite
Kohr: Co's that at the first meeting it's the science or software (that's due diligence); take what you do and tell a story #BHCRForum17
Pet Peeve? Johnston: Series A, going to the moon. Series A is an experiment. You haven't figured it all out - makes me nervous #BHCRForum17
9:35am April 20th 2017 via Hootsuite
Panelists: Kristen Kosofsky (Hercules) Hook Johnson (Inova Strategic) Rick Kohr (Evergreen) Sara Nayeem (New Enterprise) #BHCRForum17
9:34am April 20th 2017 via Hootsuite
Raising Venture Capital Financing: how to succeed Bigly (Big League) #BHCRForum17 Moderator - Sam Wu Acuris Partners.
9:32am April 20th 2017 via Hootsuite
Will you be on the Mall on Sat? Van Hollen: The short answer is Yes. (applause) A very serious issue. #BHCRForum17
9:31am April 20th 2017 via Hootsuite
Messaging on SBIR funding (a % of NIH funding)? Van Hollen: Investments in R&D that cuts across agencies, agreed #BHCRForum17
9:11am April 20th 2017 via Hootsuite
SBIR admin pilot killed? Direct effect on NIH Entrepreneur in Residence Van Hollen: Happy to work on it #BHCRForum17
9:09am April 20th 2017 via Hootsuite
How to better present the value of life sci investment? Van Hollen: The work you do directly impacts people; powerful change #BHCRForum17
9:08am April 20th 2017 via Hootsuite
How to reduce barriers to collab regarding conflict of interest? Van Hollen: A case of the pendulum swinging too far. Will help #BHCRForum17
9:05am April 20th 2017 via Hootsuite
Longer-term biotech returns? Van Hollen: In software it can be so much shorter; it is harder for life sciences; stability impt #BHCRForum17
9:01am April 20th 2017 via Hootsuite
Van Hollen: Private/public partnerships: open to suggestions - federal incentives, academia, and private entities all together #BHCRForum17
8:59am April 20th 2017 via Hootsuite
Van Hollen: People can be brought in to help with the marketing part; would like to partner with that. #BHCRForum17
8:56am April 20th 2017 via Hootsuite
How to work better? Van Hollen: Progress is being made but it 'hasn't caught fire'. His youngest works at Instagram... #BHCRForum17
8:55am April 20th 2017 via Hootsuite
Van Hollen: From work done about the Olympics: perceptions of the DC area, politics have a spillover effect. #BHCRForum17
8:54am April 20th 2017 via Hootsuite
Regional working together? Van Hollen:One of his goals is exactly that- bringing regional resources together #BHCRForum17
8:52am April 20th 2017 via Hootsuite
Van Hollen: NIH, USM, Hopkins: through CRADAs and other methods - we need to maximize their potential. #BHCRForum17
8:50am April 20th 2017 via Hootsuite
Innovation in MD? Van Hollen:Hopkins and USM is where the innovation is; impt to emphasize STEM at the middle-school level #BHCRForum17
Van Hollen: Would have hoped to be in the 'expansion mode, not in a defensive one' regarding NIH budget #BHCRForum17
8:49am April 20th 2017 via Hootsuite
Van Hollen: @NIHDirector # of meritorious grants approved are declining; and the message it sends, keeps him up at night #BHCRForum17
8:48am April 20th 2017 via Hootsuite
Van Hollen: NIH purchasing power has eroded; bump to $32B; Cures Act passed. A 'bipartisan shock' to see a $6B cut to NIH #BHCRForum17
8:47am April 20th 2017 via Hootsuite
About the budget? @ChrisVanHollen Draconian cuts is not an overstatement. We need 'all hands on deck' for early-stg science #BHCRForum17
8:46am April 20th 2017 via Hootsuite
Van Hollen: Rule of 60% for legislation hasn't changed; more input, more opp for bipartisan cooperation #BHCRForum17
8:44am April 20th 2017 via Hootsuite
What about Jan 20th? Van Hollen: Moving from the House to the Senate: going from the 8th dist (home to NIH, FDA) to the state #BHCRForum17
Senator Chris Van Hollen (MD) and Mark Walsh (US SBA) at #BHCRForum17 https://t.co/wldLPZAbG9
8:42am April 20th 2017 via Hootsuite
Bahija Jallal EVP AstraZeneca with her opening remarks at #BHCRForum17 https://t.co/IU5Oxry6lY
8:39am April 20th 2017 via Hootsuite
Which Patients Will Be Helped By Immune Cancer Drugs? This Foundation Medicine Test May Tell | Forbes https://t.co/d83R2kiq5D #AACR17
8:10am April 20th 2017 via Hootsuite
