This was the Bio Europe 2022 in Leipzig
Some notes to recall beautiful memories. Thank you EBD Group for the organisation and to the sponsors for making this event possible.
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The Bio Europe in Leipzig
Have you ever been to the most important life science conference in Europe?
Bio Europe and Bio International in the United States are the two crucial conferences for the early-stage biotech community. The early stages in my world are from translational research up to phase 2 trials.
The convergence of technology is also spreading into the pharma industry, and the digital revolution also conquered the space in the industry. With these developments, the focus of Bio Europe increased over the last few years.
This year in late October, was the first meetup after the Pandemic changed all conference formats to the digital world.
Will the Bio be the same as in Hamburg in 2019, or did it change significantly? Will digital communication still play a role or not?
Questions many participants had in mind when they boarded the plane, train, or car to the Bio.
I took an early flight to Leipzig on Saturday to use the time to meet people in the city before the hectic Conference Days began.
Leipzig is a city worth visiting. It has a beautiful inner city with many small restaurants - especially the abundance of delicious Vietnamese restaurants that stands out.
Sunday evening, the conference started.
The good news:
Almost nothing has changed since 2019. The opening reception was in the Gewandhaus in Leipzig, where over 4,000 life science experts got 2gether to talk about the latest scientific developments.
The only difference:
It felt like a huge reunion since most people haven’t seen each other for over 3 years.
Bio got a lot of support from companies that helped organize the industry. Great innovation can only reach the patient from the lab when people meet up digitally and in real life to exchange ideas and move technology forward.
Sponsorships help to keep the engine going and should be part of the budgetplan of every company that creates revenues from the industry. It keeps your engine flowing.
The industry’s top experts could meet 1:1 to discuss their deals from Monday to Wednesday.
What is new?
Bio got a digital extension for people who live overseas to allow the world to engage with the European community. A week later, over 3 days, people can use the conference system to set up Zoom calls.
For every 30 responded meeting requests, the EBD Group will plant mangroves to make up for the ecological footprint of the conference. A fantastic idea since the LSG2G Group has a similar project based on our revenues.
I love this idea since it motivates people to respond to requests and, at the same time, helps improve the environment. Trees and our Oceans are the two most important resources to keep our home healthy.
Since 2931 mangroves will be planted, the number of meeting requests in the System was close to 90,000.
90,000 answers to meeting requests show how important projects are that help get people in touch.
The third novelty is streaming. My focus at Bio always was maximizing the number of 1:1 meetings and spending time on the conference floor to meet people by chance.
The meeting slots filled up quickly, and I always felt it was a pity to miss out on outstanding speakers from the industry. The problem with time and space is that I can only be in one place at one time. Either it was 1:1 or watching a panel discussion.
One of the changes that came with the digitalisation in the last years
I am looking forward to the Bio Europe Spring in Basel. The first announcement on Twitter is here:
Noteworthy Articles:
Animation: The Largest Public Companies by Market Cap (2000–2022) The 10 largest public companies in the world had a combined market capitalization of nearly $12 trillion as of July 2022. Read more…
How Inflation Swindles the Economy In 1977, Warren Buffett wrote an essay titled ‘How Inflation Swindles The Equity Investor’. It was published in Fortune Magazine. Read more…
The Hype Cycles of Venture Capital Before we had NFTs, the cultural image collecting the world was obsessed with was Pokemon cards. In the early 2000's, I was caught up, like most people my age, collecting them. I had probably spent over $100 (representing a whole lot of mowed lawns and washed cars) to amass a collection of over 500 cards. Read more…
2 Podcasts from this week:
#90: Brian Feroldi - Why Does the Stock Market go up?
MrBeast Reveals His Secret YouTube Formula and How He Plans to be Worth $100 Billion!
1 Youtube Takeaway from this week
Books I am reading this week
NAMED A BEST BOOK OF 2022 BY THE NEW YORKER
National Bestseller * New York Times Editors’ Choice * Financial Times “Books to Read in 2022”
“A gripping account of PayPal’s origins and a vivid portrait of the geeks and contrarians who made its meteoric rise possible” (The Wall Street Journal)—including Elon Musk, Amy Rowe Klement, Peter Thiel, Julie Anderson, Max Levchin, Reid Hoffman, and many others whose stories have never been shared.
Today, PayPal’s founders and earliest employees are considered the technology industry’s most powerful network. Since leaving PayPal, they have formed, funded, and advised the leading companies of our era, including Tesla, Facebook, YouTube, SpaceX, Yelp, Palantir, and LinkedIn, among many others. As a group, they have driven twenty-first-century innovation and entrepreneurship. Their names stir passions; they’re as controversial as they are admired.
Yet for all their influence, the story of where they first started has gone largely untold. Before igniting the commercial space race or jumpstarting social media’s rise, they were the unknown creators of a scrappy online payments start-up called PayPal. In building what became one of the world’s foremost companies, they faced bruising competition, internal strife, the emergence of widespread online fraud, and the devastating dot-com bust of the 2000s. Their success was anything but certain.
In The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley, award-winning author and biographer Jimmy Soni explores PayPal’s turbulent early days. With hundreds of interviews and unprecedented access to thousands of pages of internal material, he shows how the seeds of so much of what shapes our world today—fast-scaling digital start-ups, cashless currency concepts, mobile money transfer—were planted two decades ago. He also reveals the stories of countless individuals who were left out of the front-page features and banner headlines but who were central to PayPal’s success.
Described as “an intensely magnetic chronicle” (The New York Times) and “engrossing” (Business Insider), The Founders is a story of iteration and inventiveness—the products of which have cast a long and powerful shadow over modern life. This narrative illustrates how this rare assemblage of talent came to work together and how their collaboration changed our world forever.
The Founders: The Story of Paypal and the Entrepreneurs Who Shaped Silicon Valley
Best Quote from this week
Never give in - never, never, never, never, in nothing great or small, large or petty, never give in except to convictions of honor and good sense.
Winston Churchill
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