Software had been around for decacdes. But it took a
Netscape IPO to take software and IT to center stage.
Covid-19 might be a similar singular event for biotech. Software will continue to be big, and biotech is nothing new, but now biotech will emerge as a parallel universe of exciting opportunities. Not only that, Covid-19 will have a
9/11 like geopolitical impact. This is a big event that will reverberate for decades, or until another big event of the same scale hits again. It might be yet another pandemic in less than 20 years.