Posted Apr 2, 2018, 12:41 AM
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Adoptive Chicagoan
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Join Date: Sep 2007
Location: River North, Chicago, Illinois
Posts: 5,150
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Quote:
Originally Posted by Justin_Chicago
U of C startup that targets migraines gets seed money
A University of Chicago researcher who has developed a new treatment for migraines has raised $750,000 for his startup.
Seurat Therapeutics treats migraines with a nasal spray of an insulin-like hormone called Growth Factor 1. The treatment is based on research by Dr. Richard Kraig, a neurologist. The company is headed by Yuan Zhang, who received her doctorate in molecular medicine from U of C.
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Article: http://www.chicagobusiness.com/artic...s-seed-funding
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Is it good for people dissatisfied with the size of their nose, too?
Quote:
Originally Posted by marothisu
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Also, the amount of startups and home grown companies would easily kick into high gear probably a year later. When you have thousands of workers coming in for something like this, you bet your ass that there will be numerous who leave to start their own companies. Many of which possibly wouldn't have started if those people would have never been lured to Chicago in the first place and been set up around whomever. There's a reason why areas like Boston, Seattle, etc have so much of this at the end of the day - a lot of people were lured by large companies like Amazon, Microsoft, Nintendo, etc and ultimately formed their own stuff. If not for those companies luring them there, they could have formed a company elsewhere.
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I agree, the impact of churn on startups would be positive. I think the heaviest impact would start about 3-5 years after Amazon passed 10,000 jobs here. Their vest schedule is 4 years, so most people they hire here will likely not leave for that time and I'd guess they'll create some sort of 4-year "golden handcuff" for anyone they choose to move here, and I think 10,000 is about the number where we'd see a significant increase in people with business ideas.
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