EPISODE · Aug 12, 2020 · 31 MIN
Amanda Drobnis and Jess McLear - Duet for Founder and Board Member
from Angel Invest Boston · host Sal Daher, CFA - Angel Invest Boston Podcast
Sal Daher's Investment Syndicate: Click Here Vets have known for a century that injecting extract from fetal tissue helps wounds heal faster However, the procedures required were arduous. Hilltop Bio is taking the hassles out of this time-tested therapy and creating a new revenue stream for clinics. Amanda Drobnis, founder and Jess McLear, board member update us on the company's progress. Interview highlights include: Sal Daher Introduces Amanda Drobnis and Jessica McLear What Hilltop Biosciences Does and What Pain Points It Addresses How Jess McLear Came to be an Investor in Amanda Drobnis' Company "…they tend to be leaders. If Launchpad signs up for a deal, other angels tend to follow." "But what we can patent is how we collect the tissue, how we process the tissue, the methods that we're going to use the tissue for." "…even through COVID we've had repeat sales." "So, she's right on track with what she said she was going to do again on track on budget. We don't see those very often either." "Our big breakthrough that we've been working towards is having our room temperature regenerative therapies available that are off the shelf and ready for our vets to use." Jess McLear: "I kind of grew up around startups. My father has been investing in startups over 30 years, so I've grown up around startups…" "That's an interesting collection of companies. Hilltop Biosciences, Knip Bio, 99Degrees…" Angel Investor Jess McLear's Advice to Founders Angel Investor Jess McLear's Advice to Founders about Fundraising "Female entrepreneurs, I find it definitely takes much longer for a lot of them, which is a really sad state of affairs." "I can't stress that enough. My board members, Jess, and all my other board members, they really make a difference…" "…you are always fundraising. It never ends. And when you think it's over, it's not over." "You also want to update the people that didn't invest, but might be on the fence because they may invest at some point too. That's one thing that a lot of people don't do." "I salute Amanda as a really stellar founder and she's got a board, she's got a product. She keeps her investors updated. She keeps even the ones that said no updated. Well done."
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Amanda Drobnis and Jess McLear - Duet for Founder and Board Member
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