The Minutes of David Friedberg on funding https://minutesof.com/david-friedberg/on/funding/ Everything David Friedberg has said on funding: 2 verbatim quotes from February 2023, each with a timestamp and a link to the recording it came from. en Sun, 30 Aug 2026 16:22:44 +0000 Friedberg argues decentralized funding networks suffer from adverse selection where storytellers win over qual https://minutesof.com/q/e8721d10-ad31-416b-b469-43079dac87c1/ https://minutesof.com/q/e8721d10-ad31-416b-b469-43079dac87c1/ “The problem with decentralized networks is often you see adverse selection. You see this in, like, the insurance industry.” — Dr Brian Keating Thu, 09 Feb 2023 18:00:09 +0000 funding Friedberg reports Altos Labs raised $3 billion from Bezos and others to recruit academic research teams. https://minutesof.com/q/d9fd40cc-a4a5-4035-96e3-ef565df50ba4/ https://minutesof.com/q/d9fd40cc-a4a5-4035-96e3-ef565df50ba4/ “And they've been going out and just grabbing some of the best academic and research teams out there that are like, they brought a ton of people out from UCSF.” — Dr Brian Keating Thu, 09 Feb 2023 18:00:09 +0000 funding