Is that motivated by a clear business/market rationale (bio is the new tech, so better capture a part of the pie)? Are all founders copying David Shaw? Or is it just this gen’s fad: new rich kids buy a LVMH, new rich tech companies start drug discovery teams?
It feels more like: you start a research team in your companies field, hire someone to work on that research but with a chem/bio background, they do well in your fields research so get a budget to start a small team focused on their background.
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Do you know if that was the case here?