Fascinating idea. Finding ways to better align the incentives of tech transfer offices with their spin outs is something I have been pondering over the last year. For example, I have seen many startups struggle to explain to tech transfer offices how tight the capital markets are for early-stage investment the past year. The tech transfer officers often have no clue. Some tech transfer office takes an equity stake (e.g., 5%) in spin outs. But it doesn't seem to resonate with the tech transfer officers.
Fascinating idea. Finding ways to better align the incentives of tech transfer offices with their spin outs is something I have been pondering over the last year. For example, I have seen many startups struggle to explain to tech transfer offices how tight the capital markets are for early-stage investment the past year. The tech transfer officers often have no clue. Some tech transfer office takes an equity stake (e.g., 5%) in spin outs. But it doesn't seem to resonate with the tech transfer officers.
Thanks, Jared. There has been some good discussion about this topic on LinkedIn that you might find valuable: https://www.linkedin.com/posts/pmorle_carry-as-alignment-in-tech-transfer-offices-activity-7231736119107670017-9Gih