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Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets

First publishedJul 15, 08:59 UTC
Last updatedJul 15, 11:12 UTC · 12m ago
11 outletFortune
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Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets
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Answer

Kevin Ryan knows how to change his mind. Consider psychedelics: Ryan—often called “the Godfather of NYC Tech”—was once skeptical that psychedelics could be viable treatments for depression or PTSD.

Reported by 1 outlet Fortune. See all sources ↓

Kevin Ryan knows how to change his mind. Consider psychedelics: Ryan—often called “the Godfather of NYC Tech”—was once skeptical that psychedelics could be viable treatments for depression or PTSD. But in 2018, he read Michael Pollan’s How to Change Your Mind and encountered a wave of data. Now, he’s a key backer of the Yale Center for Psychedelic Research and cofounded Transcend Therapeutics, a psychoactive drug maker that sold in June for $1.2 billion.

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In brief
What's the story?
Kevin Ryan knows how to change his mind. Consider psychedelics: Ryan—often called “the Godfather of NYC Tech”—was once skeptical that psychedelics could be viable treatments for depression or PTSD.
How widely is it covered?
1 outlet, average source rating 6.0/10.
When was it last updated?
12m ago.
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    Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets

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