STAT+: From a public library whiteboard, a $350 million biotech venture fund
A new biotech VC firm started by veterans of the industry began with talks around a whiteboard in public libraries in Newton and Wellesley, Mass.
A new biotech VC firm started by veterans of the industry began around a whiteboard in two public libraries in suburban Massachusetts.
David Fallace, Richard Lim, and Lou Tartaglia began gathering at the Newton and Wellesley, Mass. libraries in 2021 — locations away from the prying eyes of the Boston biotech ecosystem that also happened to be open during the pandemic — where they could dissect what worked, and what didn’t, in venture capital.
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