In this 1 minute installment of our series on finding and maintaining investor relationships, we focus on the indispensable role of networking, particularly in the specialized field of biotechnology. My guest, Andrew Satz describes how taking a “first principles” approach was crucial when starting his company—mainly because he was an outsider with little to no industry knowledge.
Recognizing the value of connections and support systems, he actively participated in incubators and accelerators like TechStars Boston and Endless Frontier Labs in New York. Through these platforms, he built not just a network but gained access to seasoned advisors, one of whom has been a successful biotech CEO and is now a venture capitalist sitting on multiple boards.
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