We had a wonderful time celebrating Women's History Month with our annual “Lobster Pot” Pitch event, sponsored by Johnson & Johnson Innovation. Attendees networked and exchanged business cards and ideas over lobster rolls and wine at the Broad Institute of MITHarvard before the main event. The pitch presentations featured impressive women-led startups and their stories: safer gene editing technologies, novel ear tubes for chronic ear infections, placental allografts for animal therapies, and phage technology for Cholera.
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Many thanks to our esteemed VC panelists and CEO presenters.
Marian Nakada, Ph.D., Vice President, Venture Investments, J&J Innovation
Laura Brass, Ph.D., MBA, Partner, Novartis Venture Fund
Michelle Doig, Partner, Omega Funds
Deborah Palestrant, Ph.D., MBA, Partner, Head of 4:59 at 5AM Ventures
Anna Turetsky, Ph.D., Vice President, Lightstone Ventures
Amanda Drobnis, CEO, Founder, Hilltop BioSciences
Ida Pavlichenko, Ph.D., CEO and Co-Founder, PioEar Technologies
Elizabeth Reczek, Ph.D., Founding CEO, Excelsior Genomics
Minmin Yen, Ph.D., Founding CEO PhagePro
The investors had great advice for the pitch companies, including:
1. Keep your slides clear and simple - Important content may be missed if slides are too busy
2. Use visuals to show your technology/device – Capture investors’ interest in the science of how things work
3. Break down your numbers – Help investors understand your ramp to operations
4. What’s the value inflection point? How far does your funding ask take you?
5. Know your exit strategy – All investors are looking for this!
Once again, “Lobster Pot” event was a fabulous display of the Boston women shaping the future of life science. Many thanks to Broad Institute for hosting and for Johnson & Johnson Innovation – JLABs for their sponsorship, which makes this event possible.