Why do founders have to be very picky about what VCs they approach?Gerardo Bluske is the Chief Business Officer of ByBug, a biotech startup that creates therapeutics for animals using black soldier flies. In this episode, Gerardo shares his insights about business development and fundraising.Topics in this episode0:00 Intro1:27 Who Is Gerardo Bluske?2:13 How Was ByBug Founded?6:47 What Does ByBug Actually Do?11:57 ByBug's Business Model Explained18:41 ByBug's Funding Journey21:29 How to Stand Out to Investors25:56 Advice for Founders on Data Rooms32:03 Inside ByBug's Seed Round35:57 How to Create Commercial Traction42:16 The Risks of Not Protecting Your IP Properly44:49 Will the GMO Regulatory Landscape Change?49:17 Expanding and Managing an International Team51:55 What Does Company Culture Really Mean?54:24 What's Next for ByBug?Connect with Gerardo on LinkedIn https://www.linkedin.com/in/gerardobluske/Follow ByBug on LinkedIn https://www.linkedin.com/company/bybug/Follow ByBug on Instagram https://www.instagram.com/bybug_inc?igsh=Y252ZXU4cWhtNGFmConnect with JP Orlov on LinkedIn https://www.linkedin.com/in/jp-orlov/Follow Science VC on LinkedIn https://www.linkedin.com/company/science-vcFollow Science VC on Instagram https://www.instagram.com/science.vc Subscribe to Science VC on YouTube https://www.youtube.com/@ScienceVCSubscribe to our Newsletter https://substack.com/@jporlovLearn how WeArePalta can help your deeptech company communicate its science and impact https://www.wearepalta.com/

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