Comment on Forget technology: biomeds are Silicon Valley's hottest investmentComments−iamelgringo18yIt's because it takes a lot more money to get through the FDA's approval process. Biomed companies need a lot more money, and VC's are hungry for places to drop a bundle of cash now that Software companies don't need them any more.
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It's because it takes a lot more money to get through the FDA's approval process. Biomed companies need a lot more money, and VC's are hungry for places to drop a bundle of cash now that Software companies don't need them any more.