[aaavl2821]

Biopharma startups are about as different from tech startups as you can get. The traditional tech incubator approach doesn't really work for biopharma. It can work for some life sci stuff but not pure biopharma (which is where most of the opportunity is)

That said, they said they've learned some lessons and they are providing more capital, and I'm sure if any organization can fix the biopharma seed exosystem it's them

The most important thing for them will be to get the right group of mentors. If you go off on the wrong scientific direction at the start of the company, it's much harder to salvage things with a pivot, so you need good eyes on all details of your experiments before you deploy capital