The Burrill Report
The Burrill Report (April 23, 2012): Funding Early-Stage Companies with Radical Technologies (.MP3,12.69 Mb)
The Thiel Foundation recently announced the first grants awarded through its Breakout Labs, a revolving fund created to help finance early-stage companies pursuing radical goals in science and technology. A total of six companies received grants of up to $350,000 each. We spoke to Hemai Parthasarathy, science director of Breakout Labs, about the goals behind organization, the problem it’s trying to address, and how it goes about deciding a company is worthy of receiving one of its grants.
April 20, 2012
http://www.burrillreport.com/article-funding_early_stage_companies_with_radical_technologies.html