How dilution can crush biotech returns

[@tl5160]

As someone who is an early employee of a startup, this video was significantly helpful. Thank you.

[@leenva]

Thanks, working in biotech and still new; this is absolutely fantastic in understanding what's going on in startup biotechs

[@rttube555]

Great summary. Need more videos! 🎉

[@gitsnshiggles]

awesome bro!!!

[@FeynmanX]

Thanks for sharing this!

[@Ozzie12]

Thank you for this. Question... I often use operating cash flow for a non-revenue generating companies like biotech. Would that be a reasonable surrogate? I imagine using the income statement might factor in other non-recurring factors? Thanks!