If you need to have the possibility of near infinite returns on VC investments how is it possible to invest in higher risk things and expect a return?

# Can you get VC-level returns by funding research?
[[Isaac Barchas]] asserts that the answer is ‘no’ -
[[Laura Deming]] and [[Jason Crawford]] assert yes

Related:
 [[Commercializing non-health research does not produce VC level returns]]



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Can you get VC-level returns by funding research?

Isaac Barchas Conversation 18/3/20

# Commercializing non-health research does not produce VC level returns
## Underlying assumptions
[[Commercialization has very high transaction costs]]

## Counterexamples
- [[Kurion]]

[[Science Business - Book]] asserts that possibly even biotech isn’t producing real returns

If this is true how does [[TandemLaunch]] stay in business? //question for [[Isaac Barchas]]

Asserted by [[Isaac Barchas]] 



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# If you need to have the possibility of near infinite returns on VC investments how is it possible to invest in higher risk things and expect a return?
- [[Is it possible that base rate growth in the market is actually a bad thing for innovation?]]
- [[Can you get VC-level returns by funding research?]]
//Question for [[Jason Crawford]] [[Jerry Neumann]]



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Can you get VC-level returns by funding research?

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