Looking to collaborate on a potential biotech business

[LawrenceHI]

I have an undergraduate bachelor's of science degree in agriculture with a focus on micropropagation (tissue culture) and am interested in starting a business. I would appreciate any help or advice in doing so. I live in the US and our industry has no specific regulations other than general labor laws. 

I understand this area isn't much of the discussion on the DIYbio board, cloning exceptional individuals rather than cutting DNA.  I am throwing it out there because there is a lot of congruence with lab equipment and thought it could be a nice segue into other biotech endeavors or fund a more public lab.  

Legal advice and anecdotal evidence would be valued replies. 

Lawrence

[Nathan McCorkle]

I'm starting a biotech biz myself, been working on things for a few
years, probably won't be up and running for another 1-2 years. The way
you set up the business depends what you're going for,
self-sustenance, organic growth, investor funded growth etc. I'm
finding that some suppliers I want to deal with are being quite
structured with where they'll ship items to, meaning they want to see
a commercially zoned space with my name on the lease before shipping
to me. This is a lot of overhead to deal with in the early stages, but
I'm banding together with local folks who might also share some space
with me, and if we can get more than a single room somewhere this will
likely also be a teaching diybio workshop space.

I recently heard a lot of Silicon Valley startups (not just biotech)
incorporate then simply ignore the lawyer bill (not even filing
bankruptcy, just simply not paying). This seems really
dirty/slimy/grimy and I wonder how many successful or semi-successful
companies started on such nasty foundations. These practices are
completely disgraceful in my opinion, I guess it's just another thing
making honest efforts harder.

> --
> -- You received this message because you are subscribed to the Google Groups
> DIYbio group. To post to this group, send email to diy...@googlegroups.com.
> To unsubscribe from this group, send email to
> diybio+un...@googlegroups.com. For more options, visit this group at
> https://groups.google.com/d/forum/diybio?hl=en
> Learn more at www.diybio.org
> ---
> You received this message because you are subscribed to the Google Groups
> "DIYbio" group.
> To unsubscribe from this group and stop receiving emails from it, send an
> email to diybio+un...@googlegroups.com.
> To post to this group, send email to diy...@googlegroups.com.
> Visit this group at http://groups.google.com/group/diybio.
> To view this discussion on the web visit
> https://groups.google.com/d/msgid/diybio/19c8fb5e-eed2-41a9-b822-858968f109b8%40googlegroups.com.
> For more options, visit https://groups.google.com/groups/opt_out.
>
>



--
-Nathan

[LawrenceHI]

Sorry to hear about the rampant corruption in Silicon Valley, but I suppose some is to be expected. 

I don't want a business that is run by the investors but primarily sustenance with some growth to keep the business in perpetuity and benefit the community with gainful employment and mindful ecological practices. 

[Cathal Garvey (Phone)]

Go you! Exactly the mindset one should cultivate.

My own work attracted an investor, and I did accept on strict condition of No-IP, No-Debt. In essence I warned him that I was planning for long term, sustainable growth and my primary motivation was public good. Oddly, it didn't scare him off.. but then he's a Permaculturalist, too.

So, ignore naysayers and make good things!

LawrenceHI <wisco_...@yahoo.com> wrote:

Sorry to hear about the rampant corruption in Silicon Valley, but I suppose some is to be expected. 

I don't want a business that is run by the investors but primarily sustenance with some growth to keep the business in perpetuity and benefit the community with gainful employment and mindful ecological practices. 

--
Sent from my Android device with K-9 Mail. Please excuse my brevity.