Website Search
ID 15034

The initial investment in Genentech, Herbert Boyere

Interviewee: Herbert Boyer. Herb Boyer reflects on his initial investment in Genentech. (DNAi Location: Manipulation > Production > Players > Herbert Boyer > The investment)
When we were going to incorporate we had to estimate what our investment was, so you know, we had put a lot of time thinking about it, writing proposals, so we had X-number of hours. But in terms of a cash investment Bob said well you know, maybe we'll put up ten, fifteen thousand dollars. I said you're crazy, you know, I don't have a, you know, I'm operating on a shoestring here as it is. And so he finally says well five hundred and a lot of blood, sweat and tears will get us through. So I had to borrow money on my American Express card for my initial investment in the company.
herbert boyer,blood sweat and tears,american express card,writing proposals,sweat and tears,dnai,genentech,initial investment,cash investment,biotech company,american express,interviewee,shoestring,thousand dollars,manipulation,money
Creative Commons License This work by Cold Spring Harbor Laboratory is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.

Related content:

15089. Stock in Genentech, David Goeddel
In 1980, Genentech became the first publicly traded biotech company. David Goeddel talks about his investment.
15032. Naming the first biotech company, Herbert Boyer
Herb Boyer talks about how the first biotech company got its name.
15029. The meeting that started the first biotech company, Herbert Boyer
Herb Boyer talks about the fateful meeting, which led to the establishment of the first biotech company.
15503. Tour of Genentech, David Ebersman
Tour of Genentech by David Ebersman
15075. Challenge of isolating a gene, Stanley Cohen
Stanley Cohen talks about the challenge of isolating and studying individual genes.
15033. Genentech's company policy, Herbert Boyer
Herb Boyer talks about his and Bob Swanson's vision on combining the best of academia, industry and business.
16711. Gallery 34: Herbert Boyer
Herbert Boyer, cofounder of Genentech, Inc.
15087. Genentech's approach to making insulin, David Goeddel
David Goeddel was one of the first scientists Herb Boyer hired for the insulin project. Here, David Goeddel talks about Genentech's general strategy for synthesizing insulin.
15031. Feelings at Asilomar meeting, Herbert Boyer
Biotech pioneer Herb Boyer recounts how he felt at the Asilomar meeting.
16721. Biography 34: Herb W. Boyer (1936 - )
Herb Boyer and Stan Cohen "invented" recombinant DNA technology.
Cold Spring Harbor Laboratory
CSHL HomeAbout CSHLResearchEducationPublic EventsNewsstandPartner With UsGiving