Robert Nelsen
@rtnarch
Company founder and venture capitalist focused on disruptive innovation, esp. biotechnology. Active angel in tech. Fierce Optimist.
ID:298217736
http://www.archventure.com/team/robert_nelsen.html 13-05-2011 22:49:28
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OK...
1/ First, changing capital gains taxes won't solve our deficit problem, even a bit. FY 2021 we will have $2.3 trillion deficit.
The tax will *optimistically* raise $10 billion a year, or ~0.5% of our deficit, and about 0.2% of our whole budget.
budgetmodel.wharton.upenn.edu/issues/2021/4/…
BREAKING: With over $1 billion & a star-studded cast, a new AI bio called Xaira Therapeutics is launching with massive ambitions to remake R&D, its leaders exclusively tell Ryan Cross the Science Boss and me.
A lot to unpack in this scoop — read it only Endpoints News:
endpts.com/in-biggest-eve…
Kudos to Purdue Boilermakers for the innovative ways it’s serving its community:
1) Has not raised tuition since 2012
2) Created STEM-focused charter high schools to increase # of underrepresented students at Purdue via preferred admission
3) Partnered with comm college Ivy Tech to offer…