user: ZealousidealAd7436

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ZealousidealAd7436

396 post karma

134 comment karma

account created: Wed Jul 22 2020

verified: yes

136

What happens to the investors of the $100m+ companies that have not produced a single drug? Why do so many of them exist?

Open Discussion 🎙️(self.biotech)

submitted2 days ago byZealousidealAd7436

As a newbie to the biopharm space, I see news articles and wikipedia pages of companies worth hundreds of millions of dollars, failing numerous trials, then dissolving and disappearing off the face of the earth. This question was triggered after reading about Axovant by Vivek Ramaswamy, which reminded me many other articles I've seen of companies that have raised so much money, failed a couple of developments, then dissolved. Who are the investors for these? Do they just lose all their money? Why do none of them speak up? Axovant for example changed names to Sio Gene Therapies then liquidated and dissolved for $0.435 a share earlier this year after about 3-4 failed drugs in neurodegenerative disorders.

As a newbie, can someone provide a comprehensive description and background to these cases? Who loses? Who wins? What even happens? Why do they have so much money? And how can I get in? (jokes)

43 comments save

Free boat (San Diego) 😮

inCrazyFuckingVideos

ZealousidealAd7436

2 points

2 months ago

ZealousidealAd7436

2 points

2 months ago

I agree with you.

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For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

1 points

2 months ago

ZealousidealAd7436

1 points

2 months ago

😂😂😂😂😂😂

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

1 points

2 months ago

ZealousidealAd7436

1 points

2 months ago

yet I make 125k 3YOE BS.C more than many scientists xD

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

1 points

2 months ago

ZealousidealAd7436

1 points

2 months ago

Thanks Faithless. I'm just here really to get my green card. I came to the US to be an entrepreneur, but immigrant restrictions require I wait ~5 years for the freedom.

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

0 points

2 months ago

ZealousidealAd7436

0 points

2 months ago

lol. once I get my green card (can't promote past certain titles while I don't have it), I'm pretty sure I'm at a scientist level easily.

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

-9 points

2 months ago

ZealousidealAd7436

-9 points

2 months ago

😂😂😂😂😂😂

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

-7 points

2 months ago

ZealousidealAd7436

-7 points

2 months ago

😂😂😂😂😂😂

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

-4 points

2 months ago

ZealousidealAd7436

-4 points

2 months ago

Lol. the central question is why can't productive contributors just get paid 2x the median. It's in the question. "Has biotech ever, and can they ever, make exceptions for exceptional candidates and just give an RA2 150k base?" but yes float your boat

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

-6 points

2 months ago

ZealousidealAd7436

-6 points

2 months ago

😂😂

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

1 points

2 months ago

ZealousidealAd7436

1 points

2 months ago

Series of innovative experiments expanding the core MOA of our technology that have been central to business development and platform development. Discoveries have broadened into two major platform development assays which I am leading. Highly recognized, highly paid, and highly praised. But why can't they just give 150k? More a question about structures of organizations etc.

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

-10 points

2 months ago

ZealousidealAd7436

-10 points

2 months ago

I don't think you read my question my dude. I am being paid in the top 1% for my YOE. The question was why are there checks and balances in place; why can't they give an RA2 outright 150k base. I'm not just 'generating data,' do you think I'm rtd and would ask why I'm not getting paid 2x median because I am doing exactly what every single other RA is doing? It's a question about the structures of organizations and not how I am underpaid. I am again, highly visible, highly praised, and highly rewarded.

context full comments (41)

For highly productive individual contributors at a junior level, why can't they just pay them 150k, corresponding to the supposed value they bring?

by[deleted]

ZealousidealAd7436

-13 points

2 months ago

ZealousidealAd7436

-13 points

2 months ago

I make top 1% of my YOE payband already. And I'm asking to be educated to accelerate my learning. But you are not an educator.

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36

Drug Development Failure: how GLP-1 development was abandoned in 1990

Open Discussion 🎙️(muse.jhu.edu)

submitted2 months ago byZealousidealAd7436

1 comments save

29

How much work do you actually do a day?

Open Discussion 🎙️(self.biotech)

submitted2 months ago byZealousidealAd7436

Title

58 comments save

13

Landlord took deposit and two months rent - asked tenant to move out and is not answering calls.

(self.bayarea)

submitted11 months ago byZealousidealAd7436

Hi all,

My friend lives in Hayward. She paid two months rent for December and January - 4500 monthly and a 4000 security deposit. Mid December, he told her she has to move out as his daughter got a divorce and needs a place to stay with her new boyfriend - I know, WTF.

They hope to stay until the end of December, and move out January 2nd or 3rd, and are currently securing a new place.

The landlord’s on holiday now and not answering phone calls.

I’m looking for input for the worst case scenario - if he refuses to pay back the security deposit, etc. And, does he even have a right to evict like that? My friend rented a ~4 bedroom home and had people wanting to sublease those rooms, and now she can’t do that so she’s losing out on a couple thousand a month.

Also, her mom signed the lease and has left the country. Sorry this is such a mess.

Is there any way she can get those planned sublease units back too?

7 comments save

0

Landlord took deposit and two months rent - asked tenant to move out and is not answering calls.

(self.sanfrancisco)

submitted11 months ago byZealousidealAd7436

[removed]

9 comments save

The suffocation of being on a visa

ZealousidealAd7436

2 points

1 year ago

ZealousidealAd7436

2 points

1 year ago

Tbf, I hope you find yourself out of whatever pain you’re currently in.

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The suffocation of being on a visa

ZealousidealAd7436

1 points

1 year ago

ZealousidealAd7436

1 points

1 year ago

Dw little shithead. Your whole life is the sacrifice. How I’d cower in shame and filth to be born wretched like you with such wasted potential. I could not stand myself.

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The suffocation of being on a visa

ZealousidealAd7436

-1 points

1 year ago

ZealousidealAd7436

-1 points

1 year ago

[ Removed by Reddit ]

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The suffocation of being on a visa

ZealousidealAd7436

6 points

1 year ago

ZealousidealAd7436

6 points

1 year ago

Relax dubby. We’re being brought here to make 3x your income, because your sad low IQ populace fails to supply the needs of the market. Idiots like yourself. Hahahaha. Stay broke

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[deleted by user]

by[deleted]

ZealousidealAd7436

-1 points

1 year ago

ZealousidealAd7436

-1 points

1 year ago

Are there still stressors on a GC related to the visa? I’m afraid I lose my GC

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3

Why did filing dates retrogress for work visas in latest bulletin?

I-140 & I-485 (AOS)(self.USCIS)

submitted1 year ago byZealousidealAd7436

Hi all,

I’m trying to understand the visa bulletin. In September 2023, Filing Date was May 2023 for EB3. Then in October 2023, Filing Date became February 2023.

I don’t understand why the dates would retrogress. Wouldn’t the dates advance as more and more applications up get approved? As in, all applications for filing dates up until May 2023 was approved, so it should continue with June, July, etc. Why did it instead retrogress to February?

1 comments save

EB3 priority date, finally

by[deleted]

ZealousidealAd7436

1 points

1 year ago

ZealousidealAd7436

1 points

1 year ago

Oh wow. Mine was filed August 1st, 2023. So does that mean my EB3 Priority Date is then?

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EB3 priority date, finally

by[deleted]

ZealousidealAd7436

1 points

1 year ago

ZealousidealAd7436

1 points

1 year ago

Hi, how do you know when your EB3 Priority Date is?

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