Chapter
Financial Engineering in Biotech Industry.
21:34 - 25:49 (04:15)
Goldman Sachs financial instrument helped a scientist in biotech industry to reduce his debt and invest in a 5% chance of getting a 20 billion dollar blockbuster drug in a revolutionary way that combined financial engineering into biotech industry.
Clips
In this podcast episode, the hosts speak with Trung from The Hustle about his interesting ideas and explore the concept of financial engineering.
21:34 - 22:26 (00:51)
Summary
In this podcast episode, the hosts speak with Trung from The Hustle about his interesting ideas and explore the concept of financial engineering.
ChapterFinancial Engineering in Biotech Industry.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
Financial engineering often conjures negative associations, such as the use of shady tactics to make money, as evidenced by Goldman Sachs' involvement in the mortgage-backed securities crisis in 2008 and their role in lying about Greece's debt to help them enter the EU.
22:26 - 23:12 (00:46)
Summary
Financial engineering often conjures negative associations, such as the use of shady tactics to make money, as evidenced by Goldman Sachs' involvement in the mortgage-backed securities crisis in 2008 and their role in lying about Greece's debt to help them enter the EU.
ChapterFinancial Engineering in Biotech Industry.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
Andrew Lowe, a professor at MIT, developed a new financing mechanism using financial engineering principles for the biotech industry, resulting in a company now worth over 8 billion dollars.
23:12 - 23:59 (00:46)
Summary
Andrew Lowe, a professor at MIT, developed a new financing mechanism using financial engineering principles for the biotech industry, resulting in a company now worth over 8 billion dollars.
ChapterFinancial Engineering in Biotech Industry.
Episode#152 with Trung Phan - Sam Talks About the Hubspot Deal & Ideas With Trung Phan
PodcastMy First Million
A tenured solar expert reassesses his field and looks for ways to apply his expertise.
24:00 - 25:49 (01:49)
Summary
A tenured solar expert reassesses his field and looks for ways to apply his expertise. Despite solar's success a decade ago, he still finds it difficult to fund "longshot" projects with little initial payoffs.