There is currently more funding available for biotech or hard-tech companies than ever before
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A startup makes money by offering people better technology than they currently have 1 0 2Startups often require funding from investors 1 0 2Raising seed capital is comparatively easy due to the small amounts of money involved 1 0 2An increasing number of companies at Y Combinator have already raised amounts in the hundreds of thousands 1 0 1A high proportion of successful startups raise money 1 0 2A startup will be in a much stronger position if it can make it to profitability without raising any additional money 1 0 2Fundraising usually takes off fast for the startups that are most successful at it 1 0 2A company's success is more likely when someone who contributed to the original research leaves their academic position to start the company 1 0 2Graduate students and postdoctoral researchers have the option to start their own company, in addition to staying in academia or entering industry 1 0 2Tech investors should be aware of the state of the tech ecosystem both locally and nationally 1 0 2