Daughter got sick. He created a DAO
Vibe Bio is a DAO of patients, scientists, and partners committed to identifying, funding and developing promising treatments for rare diseases and empowering patient communities with unprecedented ownership over the process.
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What happened to your daughter that set you on this path? (Timestamp 2:02)
What did you think was missing from the biotech industry? (3:17)
Why did you set up a DAO? (3:17)
How much money have you raised? (5:43)
How does the DAO identify and help scientists? (6:30)
The scientists working on the medications also get a share of the corporation you create, right? (10:00)
Do scientists and patients also get governance tokens? (13:54)
Individual corporations you set up could earn profits. Some of those profits would flow to the DAO. Would the DAO make the equivalent of dividend payments to its token holders? (15:59)
Beyond voting on what to support, what’s the value of the token? (14:58)
Many people I talk with are skeptical that communities can outperform a few smart, focused people. (21:32)
How did you get your DAO’s first members? (25:45)
What did you do to help the community work well together? (28:30)
Can you think of other industries that your approach can help? (36:54)
What did you think was missing from the biotech industry? (3:17)
Why did you set up a DAO? (3:17)
How much money have you raised? (5:43)
How does the DAO identify and help scientists? (6:30)
The scientists working on the medications also get a share of the corporation you create, right? (10:00)
Do scientists and patients also get governance tokens? (13:54)
Individual corporations you set up could earn profits. Some of those profits would flow to the DAO. Would the DAO make the equivalent of dividend payments to its token holders? (15:59)
Beyond voting on what to support, what’s the value of the token? (14:58)
Many people I talk with are skeptical that communities can outperform a few smart, focused people. (21:32)
How did you get your DAO’s first members? (25:45)
What did you do to help the community work well together? (28:30)
Can you think of other industries that your approach can help? (36:54)
