Is there a shortcut to success?
#American drama dropout #Second episode, the heroine Elizabeth Holmes chose the blessing of capital in order to achieve rapid entrepreneurial success.
She led Engineering Supervisor Edmond Gu, LaKesh and Chemistry Director Ian Gibbons to develop prototypes of medical devices that could test blood in their own start-ups.
After countless test modifications, although there are occasional successful tests, most of them have failed.
The chip research required for equipment testing is expensive, and the $6 million that the heroine borrowed from her parents is also about to erode.
Faced with a funding crisis, where should this start-up go?
She took the RDX metabolism analyzer to promote PPT to run speeches from various companies, hoping to attract venture capitalists who were interested in it.
There is no product prototype, but want to rely on a clever mouth and fancy PPT to impress investors, this trick can not hide the well-informed, read countless investment big guys.
This can't help but remind me of Jia Yueting, who is good at fooling capital and throwing money, from LeTV TV to automobile manufacturing, through the business strategy of packaging the perfect concept to confuse the scam that is willing to pay money to join his partnership to make money, but in fact, none of it has been successful.
Finding that this road did not work, Elizabeth had to turn to her mentor, Stanford University chemical engineer Channing Robertson, to recommend venture capitalist Don Lucas to her.
Originally, Tang did not want to see her, but was moved by the $7 billion market value of the blood testing industry revealed by her secretary.
Don puts Lairui in charge of matchmaking so that she can sell her blood test equipment to Novartis Pharmaceuticals.
But the premise is that she must have a prototype of the device at hand, proving that what she said is not a lie, but a true and reliable truth-
At this point, Elizabeth considered two paths.
The first is to hope that their R&D team can develop an effective prototype of the equipment in a limited time.
But as chemistry director Ian Gibbons puts it, capital needs a highly efficient business of money, and science is a slow-heating industry.
Trying to make rapid progress in the short term can be said to be an anti-natural behavior, and Elizabeth is well aware of this.
In order to complete the prototype of the product, she suggested that the staff work overtime 24 hours a day, just the night before the meeting with Novartis Pharmaceutical in Switzerland, the prototype still had problems, and she had to contact Gu remotely to fix the product bug, but it still failed.
The second is to take the sword to the side, using the chance of previous accidental success to win the favor of capital and realize the short-term success.
But this kind of short-lived success by falsifying it will not only ruin her reputation, but also send herself to prison.
Human nature has always tended to greedy desires, and Elizabeth ultimately failed to hold her moral and professional bottom line and took a move to test the legal bottom line.
In the end, she received 16.5 million yuan in investment from Novartis Pharmaceuticals, but her deception overshadowed her first venture.
Most scientific explorations end in failure, success is only a small probability event, Elizabeth envisioned the concept of a perfect blood test that sounds beautiful, does not require injections, and can be completed by each patient only needs to be at home. However, in the actual simulation test stage, it encountered many obstacles and difficulties from funds and technology, which is obviously the fatal shortcoming of Elizabeth's entrepreneurship.
Telling a lie needs to be compensated for with a bigger lie, elizabeth has deviated from the real entrepreneurial path and is gradually drifting away from her dream. #春日鉴片官 #
