OREF's Orizon fund protects surgeon-researchers by guaranteeing them a fixed percentage of equity at sale, documented in writing. Most inventors lose their stake through multiple funding rounds, so Orizon locks in ownership upfront to keep innovators from getting diluted out.
Chapters
So my question is, how are you protecting and coaching and nurturing those scientists and physicians that come forward? And, you know, as sort of an, in your role as incubator developer and helper. Well, that was very important to us, uh, as we are willing and wanting and needing to collaborate with everybody in the MSK space. And when we were thinking about this, we know how inventors usually get the short end of the stick, you know, that by the end of, by the time it, you know, industry is interested in purchasing them or they've gone through various rounds of funding, their percentages just get to low single digits of ownership, typically. And we, felt that we wanted to make sure that there was a fixed percentage that they would be guaranteed to get at the time of the sale of their idea. So that's upfront and put in writing for those that we, that we decide that we're going to work with.