Exclusive Life Science Feature
Adaptive Funding:
Survival Of The
Fittest In The
Start-Up Evolution
A conversation with veteran VC Art Pappas explores emerging investment options for new life sciences companies.
By Wayne Koberstein, executive editor
E
volution, like democracy, is a
crazy system but it's the best
one we have for its purpose:
adaptation. As living organisms,
we have arrived at our present
adaptive state with a collection of often
wondrous yet imperfect tools of survival.
So you can look at the evolutionary
progress of life sciences start-ups as either
a miracle or an utter mess. But if you focus
on the inevitable contribution of natural
selection over time, you can mainly and
optimistically expect the fittest companies
— those that have a solid concept and are
prepared to prove it — will survive.
September 2013
LifeScienceLeader.com
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