Crowdfunding for Blood

If you invest in a crowdfunded company, would you give your blood as well as your money?

Y Combinator Partner Sam Altman has donated $20,000 and pledged to donate his blood for clinical trials to the Immunity Project.

The Immunity Project is attempting to create a vaccine that can prevent healthy people from contracting HIV, an area that has been, to date, fraught with failures. Instead of using the HIV virus, the company plans to study people whose immune system prevents the virus from taking hold.

Because IP wants to provide its product world-wide at a very cheap price (ie,  free), it’s not looking for VC funding, but instead plans to crowdfund $482,000 to take it through animal  trials.

See the WSJ story:

The Immunity Project is here:


About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
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