Why do founders have to be very picky about what VCs they approach?
Gerardo Bluske is the Chief Business Officer of ByBug, a biotech startup that creates therapeutics for animals using black soldier flies. In this episode, Gerardo shares his insights about business development and fundraising.
Topics in this episode
0:00 Intro
1:27 Who Is Gerardo Bluske?
2:13 How Was ByBug Founded?
6:47 What Does ByBug Actually Do?
11:57 ByBug's Business Model Explained
18:41 ByBug's Funding Journey
21:29 How to Stand Out to Investors
25:56 Advice for Founders on Data Rooms
32:03 Inside ByBug's Seed Round
35:57 How to Create Commercial Traction
42:16 The Risks of Not Protecting Your IP Properly
44:49 Will the GMO Regulatory Landscape Change?
49:17 Expanding and Managing an International Team
51:55 What Does Company Culture Really Mean?
54:24 What's Next for ByBug?
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