As PhD students near the end of their programs, they often consider whether to pursue a postdoc or explore entrepreneurship opportunities based on their research advancements.

Many PhD students and postdocs lack exposure to entrepreneurship, leading to misconceptions about funding and company formation.

There's a significant opportunity for students to transform their academic discoveries into real-world applications by creating companies.

There is a growing trend of former students starting biotech companies, which encourages others to explore similar entrepreneurial paths.

There's increasing acceptance of transitioning from academia to industry, as innovations often stem from academic research, and pursuing entrepreneurship can be a viable path for scientists. Most drugs on the market originate from discoveries made in academia, which are then commercialized by biotech or pharmaceutical companies.

You don't necessarily need a PhD to be a co-founder in biotech; personal motivation and understanding of the field can be just as valuable.

There's a growing trend of scientists moving into startups, as entrepreneurship has become a viable career path, supported by infrastructure like Y Combinator and AWS.

Staying in academia can be risky due to job uncertainty, making entrepreneurship an appealing alternative for many researchers.

Startups are fantastic vehicles for achieving a lot in a short time and can provide significant resources for scientific research, combining creative and technical ideas effectively.