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Flagship's Jim Matheson is Entrepreneur in Residence at Lawrence Berkeley National Laboratory
JULY 26, 2010, by Julie Chao
Science can be a long, slow haul. The road to discovery is usually filled with endless experiments, much trial and error, reformulating of hypotheses, re-experimenting and, sometimes, a very lucky break. Contrast that with venture capitalism, generally a whirlwind of activity, marked with a rush to get a product to market, beat competitors and turn a profit. Can the two work together?
An innovative new program at the Lawrence Berkeley National Laboratory is proving they can, very well.
Since late last year Jim Matheson, a partner at VC firm Flagship Ventures, has been Berkeley Lab’s “entrepreneur in residence.” From his firm’s headquarters in Cambridge, Massachusetts, he travels to Berkeley monthly to meet with scientists and “add some commercialization impulse to the Lab,” as he puts it.
Read the full article, and see photos, on the LBL website.
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