“At the end of the day, [World War II] was won because there was more sophisticated technology in the United States. And the realization that yes, having a technological edge, having a scientific edge is important, had the sort of downstream effect—we should really make this a national security priority of funding science.” — Niklas Rindtorff

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ABOUT THIS EPISODE

On this episode of the Boost VC podcast, Niklas Rindtorff discusses the power of decentralized science, or #DeSci, in providing a space for ambitious scientists who don't fit into academia or startups. DeSci acts as a connective tissue between research organizations and tech ventures, bridging the gap and enabling inventors to pursue their work.

Niklas defined science as a formal process of generating knowledge, pushing the boundaries of what we know. He highlighted the impact of World War II, where advanced US technology played a key role. However, he acknowledged that the current funding system, like NIH grants, doesn't always maximize progress.

LabDAO, Niklas' brainchild, equips scientists with tools for remote work, focusing on computational biology. His inspiration came from facing bureaucratic hurdles with inventions. He emphasizes measuring impact through patient outcomes rather than citations.

NIH grants tend to favor older scientists, lacking market discipline and accountability to the public. Niklas suggests creating more NIH-like organizations or establishing private funding agencies with philanthropic matches to level the playing field.

Investing in a science portfolio can involve higher fees for research-oriented funds or research sponsorships facilitated by online collectives.

LabDAO is a nonprofit governed by a token, allowing private investors to support projects. DeSci acts as a bridge between academia and inventors who don't fit into traditional systems.

For Niklas, success in science means striving for personal values and inventing "cool stuff," leveraging the power of science to improve the world.

Listen in on Niklas’ insights on how decentralized science through DeSci and LabDAO empowers independent-minded scientists, enabling them to break free from academia and startups. By revolutionizing the way science is conducted and valued, DeSci opens doors for inventors to contribute to groundbreaking discoveries.