Always the same warning signs
Is it possible that computer tech was just weirdly susceptible to startup funding, and it is a really poor fit for biotech?<p>Computers mostly are<p>* well understood at every step (well, at least it was all designed by humans and the bits and bobs do what they say on the tin).<p>* mostly involve producing some kind of output for everyday normal people to use, in the end.<p>So they are easy to understand and evaluate. Even some investors can manage it.<p>Biotech stuff seems to mostly involve making tools for other technicians and scientists. And the process by which is works is some ridiculous, quirk-laden byzantine madness that evolution happened to throw together. At least from an outsider point of view it seems like an absolute nightmare.