“Cheap” biotech. Where yesterday’s billion dollar tools are applied to $10M problems. Starting with food and materials and industrial commodities, but rapidly altering the industrial and commercial and even consumer landscapes once one demonstration ‘works’. And then onto cosmetic, health, aesthetic and other ancillary spaces.

Notice companies like Bolt Threads, Impossible foods, Zymergen, and why they are different. And if/when they actually start winning they’ll dramatically change the entire landscape.