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Silicon Valley’s New Obsession: Science Funding - The Atlantic

theatlantic.com · 1,884 words · saved by 1 readers

A group of tech founders, crypto billionaires, and star scientists is launching a fleet of science labs.

Sign up for Derek’s newsletter here . I n April 2020, when the coronavirus first swept across the United States, many of America’s top scientists struggled to get funding to answer basic and urgent questions about the disease it caused. Patrick Collison, the chief executive of the payment-processing company Stripe, spied an opportunity in this market failure. He co-founded a program called Fast Grants, which raised more than $50 million that was quickly distributed to hundreds of projects. In its first 20 months, the program supported research on saliva-based tests and clinical trials for drug

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