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I was graduated with a double degree in economics & political science from UCSD in 1991. It was the midst of a recession and I was happy to have any job at all let alone what was considered one of the more prestigious business jobs at the time graduating from UCSD. I could become the SaaS guy. I could be International guy.
Let me start with the simplest explanation for anybody who didn’t take economics in university (for my sins I took it for 7 years at UCSD and then University of Chicago). As I’ve pointed out previously, this is perfectly captured by Joe Floyd here tracking SaaS multiples over time.
Scientists, no matter how sexy the research they’re conducting, aren’t immune from the administrative minutiae of office life. Such tasks steal time away from researchers’ main objectives. However, that wasn’t the problem San Diego startup LabFellows was looking to solve when it launched in 2014.
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