Teamwork versus Individualism: Embracing Collaboration over Competition – Insights from Five Deep Tech Financiers
“The need for partnerships for deep tech investments, and the need to work together, it seemed obvious,” Hyuk-Jeen Suh told TechCrunch.
Initially, Greentown’s founders were looking for lab space, but they quickly realized the benefits of the shared space went far beyond lower rent payments.
The fact that the collaborative emerged among deep tech investors isn’t surprising.
The sort of problems deep tech startups face favors cooperation over cutthroat competition.
For investors, there’s so much blue sky in deep tech that Suh doesn’t think secrecy and jealousy gives anyone an edge.