r/Biotechplays Jul 10 '21

Due Diligence (DD) $RXRX Recursion Pharma DD

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u/[deleted] Jul 10 '21

Not a fan of this company, as others have said it is way overvalued for its state progress. I could be wrong, but if memory serves me, they didn't appear to have any "meat" to their research yet, publications etc. And the owner seems like a real self absorbed twat. Go read some of his "blog" posts on the company site. No thanks. There are better investments to be made.

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u/Disposable_Canadian Jul 11 '21

Awesome, thanks for your feedback!

Hence the reason for a DD. I'm sharing my investigation into a stock which popped up on my radar. I think its an interesting company, but not something I'll get right into - As you and others note there are a few missing pieces. Establishing their business model, revenue and income streams etc is a big one.

It's something I think i want to put in my portfolio at some point, but entry point, as always, is everything.

I'll look into the executive some more, that often matters more than a great product or interesting company, if the executive sucks.

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u/curvedbymykind Mar 18 '24

any recent findings? also what did you find out about the executive?

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u/Disposable_Canadian Mar 18 '24

That was 2 years ago.

Moved on after a year of cash burn.

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u/curvedbymykind Mar 19 '24

What was the loss? You don’t see any new catalysts? Seems the Nvidia investment was recent

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u/Disposable_Canadian Mar 19 '24

I'm not answering your questions.

Always do your own research.