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May 11, 2024

Understanding science funding in tech, 2011–2021

Posted by in categories: finance, science

An excellent discussion of the history, strategies, and future of new funding models for science wherein we can Ensure that scientific progress can flourish by removing financial and institutional obstacles for the world’s best scientists, so that they can fully pursue their curiosity and produce…


For those who sit between science and tech, it’s hard not to notice the proliferation of new initiatives launched in the last two years, aimed at making major improvements in the life sciences especially.

While I don’t have a science background, nor any personal relationship to the space (other than knowing and liking many of the folks involved), I became interested in learning why the space changed so suddenly, particularly from a philanthropic lens. Figuring out what worked in science can help us tackle other, similarly-shaped problems in the world.

To understand what happened, I looked at examples of science-related efforts in tech over the past ten years (roughly 2011–2021). I looked for patterns that would help me extrapolate the norms and values of the time, as well as inflection points that shifted those attitudes. I also interviewed a number of people in the space to help me fill in the gaps, as well as to understand what they value and what success looks like.

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