How AI Is Helping Solve Extinction w/ Ben Lamm | EP #53

6 Jul 2023 · 1 h 30 min

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Podcast Notes: How AI Is Helping Solve Extinction w/ Ben Lamm | EP #53

Podcast Overview

  • Title: Moonshots with Peter Diamandis
  • Host: Peter H. Diamandis, MD
  • Guest: Ben Lamm, Founder of Colossal
  • Topic: Discussing the potential to bring extinct species back to life through genetic engineering and artificial intelligence.

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Key Sections

  1. De-Extinction: Unveiling Our Future (02:05)
  2. Concept Definition: De-extinction is the process of bringing extinct species back to life using advanced genetic engineering techniques.
  3. Colossal's Mission: Colossal aims to restore iconic species like the woolly mammoth while also developing technologies for healthcare and species conservation.
  1. Gene-Swapping for Species Survival (21:10)
  2. Methodology:
  3. Colossal does not clone living cells; it assembles genomes from fragmented DNA of extinct species, focusing on genes responsible for specific traits.
  4. The Asian elephant is used as a reference for the woolly mammoth genome, which shares 99.6% genetic similarity.
  5. Technologies Used:
  6. Various genetic engineering techniques, including CRISPR, base editing, and synthetic biology to make targeted edits to genomes.
  1. The Return of Extinct Species (59:32)
  2. Species in Focus: Current efforts are primarily on the woolly mammoth, thylacine (Tasmanian tiger), and dodo.
  3. The woolly mammoth is expected to have calves by early 2028.
  4. The thylacine has a shorter gestation and might appear sooner, while the dodo's genome work is ongoing.

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Key Takeaways

  • Visionary Leadership: Ben Lamm emphasizes the importance of leadership and collaboration in achieving ambitious goals. His experience as an entrepreneur in tech and AI enables him to tackle complex biological challenges.
  • Funding Success: Colossal has raised $225 million, achieving a $1.5 billion valuation in two years. This success highlights the potential market interest in de-extinction and advanced genetic techniques.
  • Interdisciplinary Approach: Combining expertise from various fields (biology, AI, environmental science) is crucial for advancing de-extinction efforts.
  • Environmental Impact: De-extinction could play a role in restoring ecological balance, particularly in Arctic regions where large herbivores like mammoths could help mitigate climate change by maintaining the tundra ecosystem.
  • Ethical Considerations: The ethical implications of de-extinction are complex, requiring careful consideration of biodiversity, conservation, and the potential for misuse of genetic technologies.

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Discussion Points

The Role of AI in De-Extinction

  • AI is utilized to analyze genetic data, predict outcomes of genetic edits, and streamline research processes.
  • The intersection of AI and genetic engineering could unlock new possibilities for species restoration and conservation.

Potential Challenges

  • Technical Hurdles: Achieving a viable embryo for extinct species poses significant scientific challenges, particularly with long gestation periods (22 months for mammoths).
  • Funding and Investment: Early skepticism from investors about the feasibility of de-extinction highlights the need for strong storytelling and a proven track record.

Future of Colossal

  • Plans to open-source technology for conservation purposes, enabling broader access to genetic tools for endangered species management.
  • Ben Lamm expresses interest in potentially creating sustainable underwater cities as a future moonshot, emphasizing the need for innovation in environmental sustainability.

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Conclusion This episode provides insight into groundbreaking efforts in genetic engineering aimed at restoring extinct species and highlights the complex interplay between technology, ethics, and environmental conservation. Ben Lamm’s work exemplifies the potential of visionary entrepreneurship to address grand challenges facing humanity today.

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Transcript

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0:00This episode is brought to you by LifeLock. When you visit the doctor, you probably hand over your insurance, your ID, and contact details. It's just one of the many places that has your personal info. And if any of them accidentally expose it, you could be at risk for identity theft. LifeLock monitors millions of data points a second. If you become a victim, they'll fix it, guaranteed, or your money back. Save up to 40 % your first year at LifeLock .com slash podcast, terms apply. A billionaire comes to you and says, listen, I want to bring back the dinosaurs. How the hell do you bring a woolly mammoth back?

0:40What does it mean to de -extinguish a woolly mammoth in the first place? We're not trying to clone these animals. We are de -extinguiting lost genes that produce these physical attributes that no longer exist in that species. You're bringing back an extinct species after having been in AI and software coding and such. We believe we'll have our first calves by early 2028. We are on track for that. This is the technology that can bring back extinct animals. But then you come in as a a for -profit entrepreneur and go from zero to the numbers don't blow me away. The 225 million in a couple of years.

1:22I think I'm insatiably curious, right? And I like to learn. This is the The difference that the right CEO and entrepreneur can make for a moonshot. On this episode of moonshots and mindsets, I'll be speaking with Ben Lamb, an extraordinary CEO whose moonshot it is to bring back animals who are extinct. We'll hear about which animals he's bringing back, what his timeline is, how he raised $225 million at a $1 .5 billion valuation to do this in just two years' time. It's incredible lessons for any moonshot entrepreneur out there. All right, let's jump in everybody welcome to moonshots and mindsets I'm here with an incredible entrepreneur and a dear friend someone who blows my mind and the difference that a single individual can make and taking on a massive moonshot Ben Lam how you doing buddy?

2:15I'm good. Thanks so much for having me. I'm glad to be here. Yeah, no, this is a going to be a fun show. First of all, full disclosure, I'm an advisor to this company. Bold capital is an investor in this company. But then again, I love working with amazing CEOs and those especially taking on great moonshots. Let's begin, Ben Lamb, with what is your moonshot? What is Colossal's moonshot? Because it really is epic. Yeah, it's restoring the past and for a better future, right? And so fundamentally colossals the world's first de -extinction company focused on de -extincting a couple of core iconic charismatic creatures back to the world.

2:57And then also building technologies for human health care and species preservation and conservation. And we'll get into those. But I mean, a moonshot of bringing back extinct animals. You know, years ago, I had this conversation about having an ex -price. like let's have an ex -prize to bring back back then it was the dodo but your moonshot here has bridged three species and I may try and squeeze out of you how many more species you were working on but it's it's pretty awesome I mean you know as they would say what could possibly go wrong but let's get to that a little bit later so a moonshot of bringing back extinct animals let's Let's start with the origin, right?

3:42People who are listening to this, who have their own moonshots, which by definition are crazy ideas before an entrepreneur actually makes them real. I want them, we're going to talk through the story of where this began, how you've gotten this funded, where it is, what the timeline is, what the difficult parts have been. So you've been an entrepreneur over and over again. Actually you haven't been an entrepreneur in the biotech industry, which is this is where he faced him. It's a new category for me, right? But it's a systems problem, right? And so like, whether, you know, my background's been mostly software, some space hardware, but for the most part software, and most software problems are systems problems.

4:24So looking at a challenger in issue, whether it's AI, whether it's in space, or critical infrastructure, or even a video game, and looking at like building a system, and weirdly enough, you know, the extinction is a systems problem. You have to build and take these systems mindset to solving it. So it didn't scare you to go after this even though you had no biological background. I mean, you probably knew what DNA was in RNA, but you're bringing back an extinct species after having been in AI and software coding and such. But let's get to that first. Let's go to the origin story here. So, I mean, you weren't just walking around thinking about bringing back the woolly mammoth, which is your iconic first species.

5:07How did this get going? Well, you know, like, I think I'm insati curious, right? And I like to learn and I've always just done a great job I think of surrounding myself with much smarter women and men than me to work on these projects, right? Like in my last business, like I didn't build the new software that went into satellites, right? Like I had incredible teams to do it. I knew how to help them and help inspire them and direct them on where we should go. But fundamentally, it was then that did the incredible work. And I called George because I was really interested on the intersection. Which George?

5:40George, George, George Shirts, arguably the father of synthetic biology. And I would argue not only one of the smartest people on the planet, but actually one of the funniest. And so you know George, so you get this. But like a lot of people just look up to George as this like incredible industry, Titan, and kind of leader in the field of genomics, and kind of like father of synthetic biology. So the God, God like figure with a beard and the hair to match. It looks like Moses. He looks like what he's also like amazingly funny. And so I reached out to George because I was very curious. And I wanted to know where AI, where automation, where opportunities could lie in the intersection of software and synthetic biology and kind of this next revolution that I thought was coming.

6:29And that conversation lasted maybe 10 minutes. And then I'm curious, and I have George Church on the phone, and I was like, what else are you working on? And he started to tell me all these other things that he was working on, and this incredible labs working on and everything from kind of like neural regeneration, to combating climate change, to food security, and I'm like, oh my gosh, this is like, this is like the chocolate factory of innovation, and amazingness. And then he kind of ended the call with, oh, and I'm working to bring back bully mammoths to restore the degraded ecosystem of the tongue draw and also build technologies to help elephants and maybe other extinct species.

7:12And then he was like, I have to go to my next meeting. And I was like, you just dropped this most amazing thing on me ever. And so I stayed up all night. And then I saw, I was like, it was kind of like, the end of like you know signs or the sixth sense where you have this like M. Night Shyamalan moment where I'm like oh my gosh like every article I'd read about George I didn't see this through line with the man with but then when I went back and started reading and listening to podcasts I just saw how there was this through line no matter what he was talking about the mammoth kept surfacing and a week later I was in his lab and I was like I have to I have to go pursue this.

7:49Amazing. So those who don't know George Church is a professor of which, you know, makes it Harvard, he has probably started 50 plus companies and has a dozen unicorns, number of them public. I mean, he's one of the most prolific entrepreneurs and one of the sweetest, good -hearted individuals on the planet. He's amazing. And I feel insanely lucky to be co -founder with him, but I think I do monopolize probably more of his time because he's so excited. It's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, you know this is an important point for entrepreneurs out there who are looking at their moonshots.

8:27You brought a set of skills to this as a great CEO, as a systems thinker, as an entrepreneur, but not having the biological background didn't scare you off. No, it did scare early investors off. Like I think it was like your text and like a handful of others that inspired me. But like we talked to some folks now that actually, that we have great relationships with, I won't say who, that did not invest early and their early feedback was like, you don't have a postdoc from George's lab. You have zero science people on the team at the time that we put the stick together. And they're like, you actually haven't even signed a research agreement with George's lab or Harvard.

9:09And we're like, yeah, we're here to figure off that now. There was a lot of insert miracle believe in Ben here time stuff early on. I remember that. I want to give people a just to jump ahead a little bit because to understand how Epic you are in this company. So you meet George in 2019? We met first in 2019 and then there was a small, we kept emailing because there was a small pandemic that took up a lot of our 2020. I'll never forget having George was speaking to my abundance platinum group over video during the pandemic And he's like, yeah, I manufactured my own vaccine and I took it myself in the lab He showed up once on zoom because we weren't working colossal during 2020, but he showed up once on zoom with this like helmet on I did it like These like filtration things And he's like, I'm just testing this out, but you should buy one and I think I actually did.

10:12So 2019, you meet with them, you start incubating this conversation. Colossal as a company starts when? 2021, so about May of 2021, I decided, I wanna go do this, I wanna do this full time. I brought in a new CEO, it was hard for me, right? Cause I'd never let go of the reins of a company I was running out of this. You were running what company at that time? I was running HyperGiant, which was an AI company focused on critical infrastructure space and defense. And I brought in, you know, 150, 160 people working with the US government and a couple of other big companies. And I had to hand that over to a new CEO, which was great.

10:55And Mike's did a great job taking over that. And so I had recruited a guy that known for 10 years to take over. And I think everyone thought I was a little nuts because I was like, I'm going to go work on this fully manned company. But it's definitely not competitive. No, it's not. So that's 2021, a couple of years ago. And today, just for people to understand the epic journey that Ben has been on, Ben has raised how much money at what valuation, Ben? So we've raised $225 million to date. The valuation right now poses around a billion five. We have four labs, including one in Australia. and we have 112 full -time people with about 90 % of those people being scientists.

11:43And then we fund 30 post -docs around the world in our advisors labs and we have about 60 scientific advisors. All right. So, you know, that's the right back at you to those who didn't invest early on. No, no, they were there. I mean, in fairness, it's like, it was a great decision. I do believe that animals may be coming sooner than people think, but we don't have a man with the house, for their sake, they're probably like, yeah, we haven't seen a man with yet either. But I just want to know what's extraordinary, because I'm in the venture business through bold, which is one of the investors in the last couple of rounds.

12:22and we, you know, I work on getting my own company's funded. And while you're out there raising your last round, 150 million are there about, so 1 .3, 1 .4 billion pre -money, everybody else is having a hell of, for a de -extinction company. Everybody else is having a hell of a time raising money for a normal company. And I just want to point out this is the extraordinary power of an amazing CEO. And I've said this to you before, Ben, you're and George Greece with you. You're one of the best CEOs I've seen out there. And I don't want to sort of analyze that a little bit of what you think makes you successful in this realm.

13:08But we'll get to that. So the extinction company, you start off with the woolly mammoth. How the hell do you bring a woolly mammoth back? What does it mean to distinguish a woolly mammoth in the first place? Yeah, so we're not trying to clone these animals, which I think is really important, you know, distinction because we don't have living cells. We have frozen cells and we've got, you know, dead cells and we can do the genomic sequencing, but it's massively fragmented DNA. So we actually have to assemble a rep a genome and then compare it to a reference genome to kind of fill in those gaps from its closest living relative in the case of the mammoth, that's the Asian elephant.

13:48So George has been on a multitude of expeditions into the tundra of what it's called. To Siberia, into Siberia, and actually extracted DNA from frozen mammoth issues with area in New Zealand, and had biological sciences here at Boston. So you go and you're digging and you find these giant tusks and you find this Harry large elephant and where's the where's the DNA is it in the Hair follicles in the skin is there like a dead mosquito in amber someplace that you're Yeah, you cannot get that the question comes up quite a bit amber is very porous and it does not preserve The two biggest questions we had we do not we cannot get DNA from mosquitoes or anything an amber or and we can't get anything from the Lebranotarpis because peat and acids also not good for your for ancient DNA preservation.

14:47But you know mostly in in tusk and in teeth, those are two places where the DNA is very well preserved and it's mostly endogenous DNA versus it hasn't been you know corrupted by like on the flesh and what not even that part that's fleshy you know that's been corrupted to buy microbes in bacteria and other things over the last like 5 ,000 years. And so when you go and you grab the DNA from this animal that's now what, typically 10 ,000 years old? Yeah, most are about 10 ,000 years old. Are you able to get a single continuous sequence? You are. So you get fragments. It's kind of like confetti. And then you have to get these short reads.

15:27There's a couple of kind of decent long reads out there. And what's amazing about this is, you know, for us to build our reference genome for the mammoth, We actually had to use 54 mammoth genomes. Some of those we got that were published by other great researchers. Some of those were from George. And then one of those we have a great partnership with Luba Dallin at the University of Stockholm, who's arguably one of the number one, he's not trying to, he's not a geneticist, but he's one of the number one people in the world that just looks at mammoths and studying mammoths and their DNA. And so building this like international coalition of collaborators has been really key to the speed at which we've been able to move.

16:09All right, so you get all of these short -read segments and they sort of overlap and you're putting them to get like a puzzle. Yeah. And at the end of the day, you're comparing it to elephants today. What's the closest living relative to the woolly mammoth? So the Asian elephants, the closest. It's 99 .6 % the woolly mammoth genetically. It's actually closer to a mammoth than an Asian elephant is to an African elephant, which sometimes blows my mind that the mammoths were closer genetically than they are to African elephants. But you know, there's no, even though like, aged elephants and African elephants exist today, there was no reference genome.

16:48So then we had to go separately and go build a reference genome for those. And then you have to go through like sighties and import permits just because these are some of these are endangered animals that you have to then go work with and then build a reference genome that then you can compare to. So it's not like we could just go to this and then compare. So then there's a mountain of work just to put the reference genome to compare it to. So you're taking an Asian elephant and you're sequencing it, right? I mean, you can get the blood samples, you can get the, just like today, you can sequence, you know, a human genome was 3 .2 billion letters from your mother and your father.

17:22And, you know, back when Craig Ventor sequenced his genome, it was a $100 million and nine months to get his genome. And now we have human reference genomes. And I think the numbers down to like seven hours and 200 bucks for human genome pretty amazing. Yeah, but that's not, it is amazing. It's not quite, you know, tell them when we're here and to tell them when we're here. Like the reference genomes that we are used, that we are building for our species are that next level. So, you know, it's more in the, you know, low hundreds of thousands of dollars of work, but, you know, it's not, you know, 50 million or a billion like it was before.

17:57So you've got a reference genome for an Asian elephant that's not yet, I'm 0 .6 % similar to mammoth. And it's that - And we also did African elephant recently. African elephant. We just released. And so your job now is to find that 0 .4 % and do what? Make the edits in the Asian elephant genome. That's a great question, but we're not trying to bridge the 4%. What we're really trying to do is understand what were the genes that differed in that 4%, So not trying to bridge that 4 % or fill it in, like, interacts apart, they're trying to fill in the gaps. We aren't trying to do that. We're just trying to say of that 4 % that's different, or far start to point 4%, that's different.

18:41You know, what were the genes that we get associated with the phenotypes or physical attributes of the woolly mammoth, right? And so because they lost them in some evolutionary path that rose to Asian elephants, right? So that's like the curved tuss, some of the cranial facial morphology, and then obviously the shaggy coat that we think about. And so really identifying which genes do what, in comparison, in what's missing, and also what's present in the mammoth genome that's not in the Asian alpha genome. So how many actual phenotypes are you trying to, is there a list like, you know, the parts, like if we make these changes, we've got a lonely mammoth.

19:23But it's not really a lonely mammoth, It's close to it's a facsimile of a willing amount. It's a new... Some people have different perspectives on this. Like, some people say, well, technically it's a cold -toler and Asian elephant that's been edited with mammoths, alleles to produce phenotypes that were 1 ,16 to the... And a hair transplant. Yeah. Yeah. We're not going to say any of that. We're just going to say, like for us, if it serves the ecological components of why we're doing it. And if we de -extinct the core genes that make a mammoth a mammoth, then we just call it a mammoth. We may call it the colossal mammoth, 2 .0.

20:00We're so working on branding, that would be in pleasure. But to your point, it's not a direct clone. It's not really a hybrid or a kind of... Some people have called it a chimera. It's not a chimera. We are de -extincting lost genes that produce these physical attributes that no longer exist in that species. And so I think that we are, because of the targeted nature of our approach, it does make it easier than making a million changes. But I think it's also a pretty smart way to think about the engineering efforts versus trying to go overboard. So yeah, there's a list. There's about five or six core phenotypes that we think you need not only to resemble a mammoth, but also to make cold tolerance at the level that we want.

20:47Amazing. So you make those edits using CRISPR technology? So what I love right now about the world is that... Everybody knows what CRISPR is. But then it's also become a catch -all, right? So like CRISPR is now like the catch -all for genetic engineering, right? Where people, as you know here, there's a million different tools. You know, there's for combinations, there's talents, there's CRISPR, there's single nucleotide and it's prime editing, base editing, like there's all these things, right? And as you pointed out, I'm not a biologist or geneticist, but what I've learned is - Do you play a damn good one on TV?

21:25Well, I'm very curious about it. So I try to learn, right? George says, the nicest thing anyone's ever said to me, maybe in my life is that George said, I'm one of the best students he's never had. So I'll think that is it. Is it from George? And it was a big compliment. And so what's interesting is like different, we are using different tools, including CRISPR based on the needs. So in some cases, there are knockouts that are needed where CRISPR is a great fit. Other cases we're doing base editing or changing these individual letters on that kind of DNA ladder. And in some cases, when there's a gene with a lot of edits, we'll actually synthesize that entire piece and then just do a complete swap.

22:13So we'll put in a big chunk of DNA swapping out what's there. So different species have different needs. We're doing way more DNA swaps on the Tasmania Tiger or Thylasing project because there's more genetic divergence than there is on the mammoth project. So there's more edits required to make a thylacene that is there so make a mammoth. And so we have kind of this cluster of tools, including CRISPR that we're using. So I find that fascinating. At the end of the day, you're bringing back a woolly mammoth -like species, and you're, but it's new. I want to hit on one point that I want everyone listening to hear because it's really important.

22:59When you're already hit on the point that you didn't have the bio background, but you had great experience as an entrepreneur, as a systems thinker, as a fundraiser, as someone who's able to aggregate an amazing team and focus it, you know, what most people don't know is how long has George been working on bringing back the William Ameth? When did he first start thinking about this? So it's been about, I guess, now it's been about 10 years. So nine or 10 years, he's been working on it. And the only money he was able, you know, And as you pointed out, he's not out there raising capital, he's out there really innovating.

23:35But the only money that went to this was Peter Tio, who's not a colossal investor, but Peter Tio donated $100 ,000 to George's lab. And so can I tell you one weird funny story about this? So when I was on the second college George about the mammoth, and I was talking to George, and I asked the question, which in hindsight, it's really funny now, but you'll notice the frame of mind at the time. I was like, George, so now how much money do you need to bring back a man like, and he said, well, you know, we've raised a hundred, and I literally like, I got sick for my stomach because I was already in love, right?

24:16So I literally sat my phone on my desk in my house, put it on speaker, because I saw, it's your church, you still got to listen. But I'm like, okay, it's, I mean, I guess it would take a hundred million dollars, I could see that like I know how technology works and I was like racking my brain and I was like and then I was like Do you can I raise a hundred million dollars for this? I've raised a hundred million dollars before can I do that? And so so I went through this like while I'm talking to George I'm like having this like existential mini crisis like how do I pull up raising a hundred billion dollars for MAMA and then and then he's like Yeah, and then that's like you know, we're doing it over you know 10 years So that's only ten thousand dollars a year and I was like wait.

24:53I'm so sorry How much money has been devoted to this? And he's like $100 ,000. He's like, how much money do you need to do this? And just to get to it, like in embryo. And he's like, well, there's a lot to it. But he's like, you know, probably, you know, something more like, you know, 20 million, we can make a lot of progress and get really close. And I was like, oh, then I was like, okay, cool. I can get there, right? I give it up my brain. Now, ironically, fast forward to today, We have raised hundreds of billions of dollars and we'll probably raise more money And so I run it. I mean my initial fear became my reality later So I want to point out this has been an idea for nine or ten years 100 ,000 was brought in there was a Non -profit started by some Amazingly good -hearted individuals to try and do this Story of Ryan.

25:48Yeah, Stuart Brand and Ryan. But then you come in as a for -profit entrepreneur and go from zero to the numbers still blowing away the 225 million in a couple of years and the team in place, the technology in place and so forth. And for folks listening, this is the difference that the right CEO and entrepreneur can make for a moonshot. It is, nothing changed. It was an miracle inserted here. It was the right individual telling the right story. When you get to the story, because people say, what the hell is their business model? What are you going to do? A pet will he mad at? I think that, but I do think that passion and conviction is key.

26:37And one of the things that I wrestled with is, is I actually wrestled pretty hard with hypocrisy in this deal, which I wanna explain because I think it's really important. I feel like I can't speak for every entrepreneur, especially a re -technology entrepreneur, but I have said a thousand times probably in fundraising meetings, I wanna change the world, I wanna make an impact. And as you know, most companies, if they're successful, get acquired, or go public, or whatever, and they may create great returns and innovating the field, but not all of them really have a chance to make this lasting impact.

27:15And so I felt like I was going to regret it for the rest of my life, and I was going to be a hypocrite to myself if I didn't pursue this because George Church has served up on a silver platter in opportunity to really build a great, cool business, build advanced, incredible technologists that can help, you know, humankind as well as help conservation and all I had to do was go go try. That's all I had to do as I had to go at least go try and if I didn't do it like I don't feel like I really had a choice because I felt like the rest of my life I'll be like you're in hypocrite you can't ever say again that you want to go really try to change the world or make a difference because you were given the opportunity.

28:02This I had to pursue, I didn't really have a choice. Amazing. I want to hit on a couple of points here. The environmental side of this, we've talked about this. In fact, we've got a $100 million gigaton carbon removal X prize and you were saying, we're gonna enter a colossal instead. So what is the connection between the woolly mammoth and the environment? Can you explain that? Yeah, so George and this, And this I think does a great job of teeing into the business model too right because George's original pitch to me as we kind of like started to peel back the onion was there's more carbon and more methane stored in the Arctic tundra than anywhere else in the planet way more than the rainforest, way more anywhere and it just piles up here if you're it's about 1 .6 trillion metric tons which is about double it's in the atmosphere and even more methane which is about 30 times worse in the atmosphere.

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28:59So George's thesis, which is proven, I've now been to the Arctic and I've been with the Army Corps of Engineers in the Permanfrost tunnels and actually been inside of the Permanfrost not walked above it. And they have shared with me if this all melts humanities in a lot of trouble. And so George's, so this has been a concern of George's for a long time. We talked about this 1 .5 degree tipping point, But what's interesting is George teamed up with some folks, some incredible folks, Nikita in Siberia, outside of Cherchke, and they created something called Pleistestine Park, where they've actually published in 8 or 10 peer -reviewed papers have come up in scientific journals showing that the reintroduction of cold tolerant fauna back at the right biodiversity levels and density levels back into the Arctic tundra and the removal of these low carbon yielding carniferous trees with that, this extremely dark bark.

30:04They're not efficient at carbon sequestration. They actually are almost like heat lightning rods than permaid set. So the removal of the trees, which they've done with bulldozers and tractors and the reintroduction of these muscox and bison and others, they've actually shown that they've been able to lower ground temperatures by up to eight degrees and sustained them, which is incredible. In mammoths, and this is going into Georgia's theory, is that mammoths could be an accelerant to that, because they're also hurting animals, they're also major herbivores. They do a great job of like that nitrogen oxygen cycle in the summer months of permeating out the Arctic grasslands.

30:43But then in the winter months, they also love to knock down elephants or notorious for knocking down trees. There's incredible documentaries and published papers out there showing that they actually know, they actually, African -Forest dolphins in particular, knock down trees that are low carbon yielding. It's so weird. It's, nature is just amazing. It's incredible. And so that combination, you got these natural bulldozers, you got these natural herbivores, and then their migratory patterns actually help to get rid of that insulation layer in the snow, impact the snow so that the winter months that cold winter air can actually help get closer to the ground.

31:25So it starts in a colder temperature going into the summer months, so less actually thaw. So these animals are like 12 feet high, 8 ton. Yeah. Yeah, they're big. Most people think that when they think William Amas, a lot of times I think people think of the straight test elephant or they think of, you know, the Colombian mammoths and a few of these other species that end up being a little bit bigger, but most, most of Wollimamis were about the size of African elephants today, which, which, you know, sounds small, but if you see an African elephant, it's a, it's a massive animal. And they need to be cold tolerant, which is a part of the changes you're making, because you're not going to take an elephant, an African elephant, and move it up there.

32:08So, so what's interesting about that is we're not just doing the shaggy coat, we're also doing this subcutaneous fat layer. And then there's other things that are kind of like what we kind of joke internally, they're like beneath the hood that no one actually sees. Like, TRIB B3 and like, it's, like, they actually, and it's not just mammoths, but like, caribou, polar bears, some wolf species actually have this where they produce hemoglobin at a different rate and a different ability. So they can actually produce oxygen at, you know, sub -freezing temperatures. Like we can't at negative 40, we don't have our blood crystallizes.

32:46We can't, we can't breathe at that temperature. But they actually can because of how their hemoglobin works. And the same thing goes for nerve endings. Our nerve endings would just be fried. Their nerve endings are actually different than ours due to some of these genes. So yeah, so there's under the hood stuff that we're doing. But actually, elephants are more temperate than people think. One of our partners in Canada actually has Asian elephants, which people think are just you know, tropical species. And we've been up there with them, and we have videos of them actually breaking through the ice, swimming in frozen lakes, rolling around in the snow.

33:21You know, those are like, sub -preasing temperatures, but those aren't negative 40. But elephants are pretty tolerant species that people don't think of. So you raised $225 million. A large chunk of it from an amazing investor, entrepreneur, industry, magnet, Thomas Tall. Yeah. Thomas, Thomas Tull, as well as his fund USIT are both our largest investors and we're very grateful to Thomas. And he's in the movie business. So Thomas is actually a technologist and you know Thomas, so you've met Thomas, but he's most known for legendary pictures, which was actually weirdly a movie studio, but it was actually technology -driven.

34:03So they actually built, they actually used a lot of technology in terms of like how the people like how did legendary have so many hits They actually had technology and models around what they wanted to to go produce and so You know Thomas is very passionate not just about you know movies, but also science and and technology and also education and he does feel that like us chronically in this story and sharing it with the world while educating and inspire the next generation of people that you know, could want to grow up and be a scientist. You know, I'm super passionate about longevity and health span and how to add 10, 20 health years onto your life.

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36:13Now back to the episode. I'm going to get back to you. How in the world do you start at a standing start and raise $225 million for the extinction company? Because that in itself is a moonshot. We'll come back to that in a minute. So how far are you from this incredible bringing back the Wolliamameth? Where are we on this journey? What's your time frame, what can you say? Yeah, so we have successfully achieved induced pluripotent stem cells in elephants, which is a feat in itself, which I can explain why it's interesting. We have narrowed down our gene list to about 60, 65 genes that we're editing.

36:57We've established satellites and we're in the editing process. So we've already edited about 20 different genes and we're doing functional assays, ensuring and testing and whatnot. And then the big key thing that we've done from a systems approach perspective is that we've parallel path all the different components, right? So, you know, I think a lot of people would have done the computational analysis, then done the gene editing, then wanted to work on creating induced port button stem cells, then worked on somatic cell nucleotransfer. We actually have an an entire embryology lab that's just working on cloning in a lot of other non -model organisms, non -model organisms out there other than mice and pigs, so that we are the most proficient at it, so that when we have those embryos, we can do that cloning staff.

37:46And we have an entire animal husbandry team that's working with elephants in Africa and here in the States. And so for us, we're well on our way. We believe we'll have our first calves by early 2028. We are on track for that The biggest hurdle is it's a 22 month gestation. So I mean what we'll have embryos before mom's who are listening to this You know imagine carrying your Your embryo for 22 months, you know Three times the length of a typical But if I was saying it's only 13 and a half days is that crazy? So that is insane 13 You can barely do anything in 13 and a half days. Yeah, but it's crazy is that a a file scene which is a wolf size mark.

38:32Let's come back to that. I'm just going to get excited about the just. So I'm going to put a pin in the woolly mammoth here and we're going to come back to more of this conversation. But it's not just the woolly mammoth you're bringing back. And I think that's important. This began as a single dream, a single moon shot from George. But once the technology exists and the mindset and now the capital and the team, there's a lot of extinct animals out there. And people have been aggregating genomes. So I know there's a lot you can't speak about. How many can you speak about? So we publicly announce we're working on the MAMF, the Philoseean, and the Dodo.

39:15The Dodo's our first avian species. We get a lot of people pinging us about all kinds of extinct species. you know, you know, we have the dinosaur question, we get it all, right? And so, so for us, you know, those are three massive teams that are focused. And then, you know, we are doing exploratory research on other species, but the biggest thing for us is, you know, really kind of combining the which species we should do with why we should do it, right? And so there's some cool species that have brought up to us and we're like, but why would we do that? And so what's the impact of that? And there's other people pursuing the extinction on species that are great, but they don't have the same kind of impact that we think they should have, so we are not pursuing them.

40:02All right, let's hit the policy in first. We can only hit the three, but there may be more of the works. All right, there are more of the works. You just have to talk about that. And look at possibly go wrong. OK, so the thylacene. So what is a thylacene and 12 and a half -day gestation period? Yeah, the thylacene is an extinct marsupial that almost... It's also referred to as the Tasmanian tiger, even the Tasmanian wolf. It's a marsupial, but it looks like a wolf. It's an absolutely beautiful animal that went extinct in 1936 in Tasmania. And it was the top, it was the apex predator of the food chain.

40:43It was incredible. And the Australian government actually put bounties on the heads of the phylocines and eradicated them. So they were paid to eradicate the species. But unfortunately enough some of them were preserved in ethanol and Dr. Andrew Paz, like George, where it was really his man with was the phylocine. and he's worked for the last 15 years on collecting samples in DNA. And now the tools are making it easier in him to kind of assemble that genome. And the dodo similar story? So dodo's, okay, so biocene is another mammal, makes a lot of sense, it's a very similar process. It has easier challenges, 13 -1 -2 -2 -2 -2 -2 -2 months.

41:34we actually even have to assemble that, the front end of the genome because they got about 92 % long -wean gene, like incredibly well -preserved genome, which is amazing. But a lot of that. It went extinct so recently. Yeah, and they got well -preserved. It's so well -preserved, yeah. And so it's almost inverse of the mammoth, right? It's like harder, more editing, more computational analysis, easier genome assembly, and easier gestation, right? And so we loved the phylasene as a bolt as our second species, because the mammalian same team, same structure, but it was exactly inverse problem set.

42:12So we thought we could learn a lot, complimentary looking at it from kind of that system's lens. The dodo. So the dodo, we didn't pursue that. Like this is where you've got to believe that everything happens on some level for a reason. And what was crazy about the dodo was Beshipiro, who's incredible. She's our lead paleogenesis. She's one of the top ancient DNA experts in the world. She wrote the book. You're that kid? One of your future career options is an ancient paleogeneticist. Yeah. God. Crazy. It's crazy. It's amazing. It's crazy. And she actually has a Dodo tattoo and she had been working for over 10 years on the Dodo genome.

42:57been to Mauritius, had worked on with museum samples, had been assembling it, but once again massively underfunded. She's very well known and a lot of her stuff has incredible funding, but this was not a project that was super well -funded, but something that's really passionate to her. And what was interesting was our investors kind of led the Dotto project, where Thomas and Gibri are, and a few others said, listen, if you are the Dixtingtree company, The dodo is the face of human -caused extinction right or wrong. Why are we not doing that? So I talked to Beth. It's a little, it's very similar in many ways, easier and some harder and others.

43:37It forced us to develop new tools around like primordial germ cells and other things that we didn't have that we don't need for other projects. And we told our investor base that you guys support us with the financing, we will pursue it. and we have the subject matter expert in death. And so that was one that we're very fortunate for them that it kind of came from the general public and our investors that really kind of drive that decision. Amazing, and just note here, the last widely accepted citing of the Dodo was in 1662. Yeah. Been a while. A few hundred years. Yeah, been a while. And so, what you're going to think of this, the pictures you see of the Dodo's, a lot of those are like chicken and turkey feathers.

44:24So we're actually doing computational analysis. Like people just think that Dodos were like brown or white and they may have been, but we're actually verifying that the gene, what you see in museums has been assembled. Yeah, human bias comes in there. So people say to me last year, when I was bragging about you and bragging about the company and saying, you know, in the middle of the worst investment meltdown here comes. The Dictiontion company raising money at a $1 .4 billion pre -money and their mouth just drops. And it's like, what in the world is their business model? So let's jump into that because to raise capital and you need something exciting, you need a massive transformative purpose, you need a great team, and you need a good business model or a great business model.

45:13So what is it? Yes, we kind of have like two parts of the business model. One is all about, we're huge believers in option value, right? And so we believe that very similar to the Apollo program on the path to the, you know, the de -extinction of mammoths and dialysis and dead -os and maybe other PCs, we will build technologies that have an application not just for conservation, but for human health care. And so that innovation creates a massive kind of option value for our investors, right? Because like bold and all our incredible investors out there, you know, when we create those technologies and we spend them out of the company, you know, all of our shareholders give those, give their appropriate shares in that spinout.

45:59We did that last year with Ford Bio, which is our first computational biology software platform. We didn't have all the tools we really needed to do this. who wouldn't build them. And then we realized that as application other places, we raised an over -subscribed 30 million dollar round for that business, which was amazing. And that Kentway privacy, that's just actually crushing it. And you know, Kent's as well. And they're doing quite well. They're doing mid -seven figures in ARR already, which is just, I mean, in this market, first off, our company that just started is incredible. They just announced a major partnership with Google.

46:34And so the first part of our business model is really in the technologies, right? Like how do we build, you know, we've got about 36 patents in process and, you know, we've got another spinout on the horizon. Probably this year, probably early next year, but we've got what we think is our next really strong advancement. But any of these advancements, any of these spinouts and this option value could be multi -billion dollar companies in themselves, right? I think that we'll probably have 10 plus spin outs, or potentially more over the life of our company. Which by the way, as an entrepreneur, sort of stunning this, it's an interesting approach that a lot of individuals don't take.

47:18Typically, you retain that inside the company, make it a division of your company, hire a president to run it. And it's great, right? The investors love you for this because it allows you to focus on the primary purpose of what you built colossal for and gives this incredible optionality adjacency for everybody else and doesn't take your eye off the ball. So great idea for other entrepreneurs to be. No, we need to this tech anyway, right? Now there's another tech that we've built that's amazing that we don't think has a marketability outside of what we're using it for. So we're not going to go spin those out, right?

47:58like what I just did not everything we make. So there's a lot of intentionality to creating that option value that's meaningful. And then the second part of our business is around education and partnerships. And so we mentioned, obviously Thomas and others, we're working on a big entertainment partnership around the docu -series, letting educational content around that docu -series. We want to chronicle this for the world. And media and entertainment does make money. And what's interesting about that aspect of the business is that it's starting to lead us into conversations with governments where governments where, you know, we're in the middle of, I can't say who yet, you know who, but we're in the middle of closing a very large eight figure and a separate nine figure.

48:54country. They are not planet Earth. Yeah, it is. It is on planet Earth. Where governments are, you know, while we want to open source all of the technologies for conservation, some governments have some critically endangered issues and need us to help them preserve their keystone species that's very important to their cultures. And so, you know, we are working on two very large deals that have very large price tags to them are still massively, they are a massive accelerant to these countries

49:33biodiversity restoration programs. In one case, we're cutting down a country's work by 20 years and saving them hundreds of millions of dollars. And so when you can show that you can create that value for countries and allow them to preserve their animals on that scale, as well as they can save their conservation, the budgets of conservation hundreds of millions of dollars that can be then applied in other and potentially better ways and cut decades off their rewilding timelines. It's a value prop that one of the negative criticisms we've got at launch was you're taking money away from conservation.

50:15It's like, first of all, we're reading new money and new technologies to conservation. And we're going to show the world that you can actually do really smart innovative ways of using technology in select cases of conservation that shortens timelines by decades and saves hundreds of millions of dollars. So you can actually help governments take a number of their species that are on the edge of coin extinct and to help bring back those populations. You know, one of the things I find amazing when we first discussed it, I said, well, okay, I understand how you go to get a embryo or a single cell of a phylasene or a dodo, but how do you grow it into the whole animal?

51:01Where do you incubate it? And I have to say, you don't consider this an independent moonshot, but I think the The idea of the endpoint here of ultimately an artificial room is an amazing moonshot into itself. So, what are you doing in the New York terms? Where do you incubate the embryo for 22 months for a woolly mammoth? So it's weird. I'm so close to the science and the teams I live and breathe in stand -alabs. Most days what I'm not traveling. And so what's weird to me, and I love that you brought this up, is that the extinction no longer to me seems like a moonshot. Because I'm just so close, I know where we are and I know how fast some things are coming.

51:47And so it just doesn't seem like a moonshot anymore based on where we are, right? And what the tangible progress that we see on a quarter of a quarter basis. What's interesting to me is what I do see think as well as a moonshot is our artificial or more X -Euter development. And I met with the X -U -DRO development teams. We found that people resonated better with that than artificial wounds, but they're the same. And I'm actually sitting in my office at the X -U -DRO development lab. So I'm spending a lot of time now on that, given that the de -extinction side of the business is very, I feel like, has all the right people in rolling.

52:27I'm sitting a lot of time on X -U -DRO development systems now for the artificial womb. And what's interesting is all of the animals, our first generation of animals will all be born through serocacy. So that's why the big animal has been drew group. So we don't need artificial wounds to be successful in thousands. So slow that down. Slow it down a second. So for a woolly mammoth, you're going to have made these edits in some 60 or 70 low -sci, whether it's a gene replacement or a CRISPR edit or whatever it might be. and you've got a single effectively fertilized cell of a woolly mammoth -like species.

53:07And you probably have a number of these, right? You've probably done this in vitro hundreds of them. Like when you have a surrogate child and you do in vitro fertilization, and in this case, who is the surrogate? So two things that you brought up, I think you're really shing. I think that we will shock people in the next year with some of our successful IVF and cloning numbers Cloning historically in that that's the somatic sonica transfer part and then the acceptance through somatic cell nuclear transfer. So this is a somatic cell body cell versus your gametes versus your Exactly. And nuclear transfer is taking the nucleus out, putting it into a different cell.

54:01Into one of those eggs cells, right? And we've had a couple really interesting breakthroughs that we will be announcing in the not too distant future that increase the efficiency of that over 25X of what's out there, which is incredible. And so to that process, we are going to be using Asian elephants as our seriots for the mammoth. We'll be using, this is interesting about the thylacene and we'll come back to our official wounds here in a second. But with the thylacene, we're using the closest phylogenetic relative in that desiureate family is actually the fat tailed dynart. It's like a marsupial mouse.

54:45It's like this big. And so it's funny people are like, wait, you're telling me a wolf -sized animal is going to come up from this, but they're younger at the same size. They're both this, when they're born after that 13 -apdays gestation, they're about the size of a great surprise. And most marsupials gestate mostly outside of the womb so that leads to other challenges that we're working on, like exopods, isn't it? Yeah. Exactly. But our goal, though, is long -term. We want our system, we want exuter development or artificial wounds that we can grow a thousand mammoths, right? Because we won't be able to grow a thousand mammoths, you know, the old fashioned way, right?

55:22And so being able to do that for not just mammoths, but imagine a world peter where, you know, we're down, we have 100x, we're down 100x right now on a number of species or a number of blue whale individuals in the ocean. Imagine a world where we can work with governments to grow where you have these football size systems where you can grow 100 blue whales for reintroduction. So we can get the... For the rhino for lions. For the rhino. For anything, right? It's like, let's let conservationists and rewilding partners work to do the hard work of reintroducing the species and socializing and hurt dynamics, and all that incredible work that they do, but the gestation, let's grow them all ex -utero.

56:15I actually believe that the artificial womb has a more potential for impact in the world, even than our de -extinction work. We have a 17 -person team working on the ex -utero development systems here. We also have a partnership with the University of Melbourne outside of our dialysis and partnership that's working on it. We fund people in George's lab that's working on it. So it's a combined team of probably about 25, 26 people that are working on artificial wounds here at Colossal that we want to be able to grow everything in. Is this an artificial wound that will take a embryo from single cell through to surviving on its own?

56:57So it really is the work of the science fiction stories of a real... It's a true artificial wound. And so like Alan Flake, for example, who's in an incredible mind, he doesn't work with Colossus, he's amazing. He's done, he did the BioBag lamb work back in like 2015. I remember that. He's very focused on later stage, you know, for premiums, exactly. And they do a micro surgery in the ambelicus and whatnot. And that's great for that use case, it's incredible. And he is the world's best at it. But what we really want to do is we don't want to be doing, if you want to grow a thousand of animals, we don't want to be doing a lot of microsurgery in that in that in that in that in Billicus.

57:40So really being able to build a artificial placenta or sorry artificial kind of this endometrial layer of the uterine wall that a placenta can can connect to. Yeah. Now the beautiful thing for us. Well, here's the beautiful thing about it though, is that while there's varying different placental types, I didn't know that I thought everything just threw in a bag inside of another bag, right? Before I started this, but there's actually different placental types, right? And what's interesting is that that comes from the embryo. And so the embryo basically makes the organ that invades this uterine wall.

58:20So we really have to get right the gas exchange and the, as well as nutrient and extra exchange through kind of this like, you know, system. I know you know, Doris Taylor, we're working with her on, you know, desalularized membranes. So it's really kind of interesting because we're bringing all these different people like Doris together to think through how you could build these membranes through synthetic biology that a embryo would want to placenta to invade into, right? So that it's as natural as possible. Everybody, this is Peter, a quick break from the episode. I'm a firm believer that science and technology and how entrepreneurs can change the world is the only real news out there worth consuming.

59:08I don't watch the Crisis News Network. I call CNN or Fox and hear every devastating piece of news on the planet. I spend my time training my neural net the way I see the world by looking at the incredible breakthroughs in science and technology. How entrepreneurs are solving the world's grand challenges, what the breakthroughs are in longevity, how exponential technologies are transforming our world. So twice a week I put out a blog. One blog is looking at the future of longevity, age reversal, biotech, increasing your health span. The other blog looks at exponential technologies, AI, 3D printing, synthetic biology, AR, VR, blockchain, and these technologies are transforming what you as an entrepreneur can do.

59:54If this is the kind of you use you want to learn about and shape your neural nets with, go to demandis .com, backslashblog, and learn more. Now back to the episode. You know, I can't help but ask some timelines here. you said that the Wolley Mammoth is 2028. We're recording this in mid, you know, their, entering third quarter of 2023. So five years out, can you give us timelines on the Dodo and the Thelousine? Yeah, so the Thelousine, I would assume that you would see it sooner, given that it's a, a, 12, 14 and a half day gestation. So there's a higher probability of that. In the Dodo, what's really interesting about the Dodo is, It's about a 30 -day gestation, right?

1:00:39And we're using these sterile chickens. This to me is crazy about, this is the kind of stuff that you've learned about biology that you're like, wait, what? That to me sounds like science fiction. But they've actually, you can actually take edited primordial germ cells of it, and they've done this experiment, where they've taken, edited these, these things called primordial germ cells that are found in birds, and they take these primordial germ cells of ducks. in certain, insert them into that of a sterile chicken. The sterile chicken's mate and egg is laid, it hatches and it's a duck. Like that to me, I know that sounds like, we talk about de -extinction, I can't help it.

1:01:22Oh yeah, that's fine, we got that. That to me is the stuff that just seems like, wait, I still have a hard time doing it. So we have an entire avian genomics curve now that's focused on cultivating these primordial germ cells. which is very, very difficult. And the closest living relative to the dodo is the actually nick of our pigeon, which is beautiful. It's nothing like what we think the dodo look like. And so if we can get those primordial germ cells completed in a stable and growing in culture at the right scale fast, then I think the dodo could be in the next couple of years. That's really the rate limiting factor is, Now, if it takes us two years to do that, then I think it'd be, you know, 2020.

1:02:08So, you bet on the Tasmanian Tiger before the Dodo? It's, you just have this variable, you have this massive variable in the primordial germ cells. If that, if the PGC step works, I bet on the Dodo first. All right, all right. Okay, so I'm not gonna ask you to tell me what's next, but I am gonna ask you to tell me. You're gonna told you about me and the style. Yeah. Order of magnitude, how many species have you been dreaming about? Are there dozens or hundreds of species that could be on the de -extinction list? I think for us, you know, there will be a handful, I think, over time for us. When you open source of technology for others to play with.

1:02:49Yeah, absolutely. I think that for conservation purposes, right? Like, I do think that the extinction is something that needs to be measured and thought thought out well of like what's the intention of it and where are you doing it. And remember, all the species that we're working on, we want to be wild. So we're working with local governments, in some cases, foreign governments. We're working with indigenous people groups. We're working with private landowners. So there's a lot of people that go into this outside of just the colossal team, right? So you really need to collaborate in what not.

1:03:22So we are going to open source all the technologies for Comps that have an application to conservation, for conservation purposes. There will be some de -extinction tech that we just don't open source, because we just think that maybe not everyone should have that. Okay, now let's get to the top secret part of this episode. A billionaire comes to you and says, listen, Ben, I want to bring back the dinosaurs, or at least a dinosaur. You know, this is something I truly want to do, I want to demonstrate it's possible for scientific purposes. We're not going to be wild with these guys. And you say to them, no, you say it's impossible.

1:04:00Come on, give up here. What's possible here? I mean, a chicken is kind of a dinosaur in one sense. Yeah, Burt's virtue is generally scary. So the, like, I don't know, I think that Burt's are dinosaurs like Kenneth Lackavara, arguably number one palantinoves in the He's like dinosaurs are rondes and so they're birds. They're the dinosaurs that made it. And so I had been asked that question, not once, that the theme that we get, it was just a 30th anniversary of Jurassic Park. So you can believe the number of calls, press, everything that asks us about dinosaurs. So it is impossible to bring back a dinosaur.

1:04:46I was a great people's heart, one. I say that because right now for a technology perspective, we can go back, you know, a million or so years in terms of like that, that ancient DNA. But the problem is unless you find some frozen dinosaur or some dinosaur that was just so well -reserved in a cave that hasn't fossilized, you're not going to get any DNA. And now what you could do, which I think is interesting, is you, I do think that you can do ancestral reconstructions through computational analysis of early dinosaur -like birds. I think that is a possibility in terms of computational analysis.

1:05:28It's also possible to demeneralize dinosaur bones to get amino acids, but you're not going to get even small fragments of DNA, right? So I mean, so I do think that from a technological perspective, humanity will have the ability to do ancestral state reconstructions of like early birds or early mammals, but we will not be able to de -extinct the dinosaur. And I think those technologies could be applied in better ways. Like how do we you know, more drought, you know, how do we make more drought resistant animals or crops? How do we, you know, I think growing 100 blue whales at the same time or a thousand will have more meaningful impact.

1:06:16And I think it's as hard as engineering a precursor to birds. Okay, well, I'll have to break the news to my 12 year olds, but we'll be right back. Let's go back, my friend. So we're talking to entrepreneurs here about moonshots. And I want to hit on two points for those who are dreaming big dreams and want to go and make a dent in the universe and go and do something. Because I think you said it really beautifully in the beginning. This is my shot of doing something significant in life. And if I don't take it, I'll never be able to look at myself in the mirror and say, you could have. And you didn't.

1:06:57So let's talk about that. And let's talk about the importance of having, what is it that allows you to feel the confidence to take it on in a field that isn't yours? And then the third thing I want to talk about is how in the world do you raise money for something like this? Like when I want to talk about those early conversations because no bucks, no buck Rogers. So take it from there. Yeah, I think that, you know, I'll start with the raising capital side and we'll go from there. You know, we were very mindful in terms of who we approach, right? Now, after we started raising capital and we went public with the news that we're working on this, we did have a lot of conversations because people were like, super interested.

1:07:49And look, we got a lot of nose. in any deal that I've ever done, I have yet to have the experience where you just walk in and someone's like, I love that idea. Here's a term sheet that's blank, as much money as you want it, whatever prize and whatever terms, I get to see that deal. I hear stories in the movies of those deals, like the Silicon Valley napkin on a Sunday night before the partner meeting. Yeah, I've heard those stories too. I've never experienced them. So maybe I'm just not good. But the but but but but but really being intentional that we had to Align This project with people like you with people like Tom's toll people like you know Jim Briar and Tim Draper These are all people that that think it like you know to use your words that think in abundance that that want to advance humanity that have all made a ton of money and they're not just doing it for the money, they want to make money and return money to their shareholders, but at the same time they want to push all of humanity forward, right?

1:08:53And so we were very thoughtful on who we went to and why. And who is who? Who is who in the early days? I mean George is on as the scientific advisor, What term did you use for George in the early days? Well, I said co -founder and then it's better enough. Yeah, and so I said co -founder. But what's interesting is that because George, to your point, has done a lot of companies, people are like, oh, but he's not working on too many things. He's like, yeah, but ask him. If you know him, ask him. And when people, several people reach out to him, he's like, oh, yeah, he's like, he's like, I love all the projects that work here.

1:09:30But this one, you could hear in his voice how he felt. I mean, you've talked about this. It's like you could hear the difference in his voice on this one. And so it was me. It was Andrew who we'd started a handful of companies together. He's been a great product guy. And he's been part of your team over years, for years. And really leading product. You guys have a great track record together. Great, great track record. Kent Wakeford, right? And Kent moved across country to help me get this thing started. But of course, Andrew and Kent neither either of them had sort of this biological background?

1:10:06I know. I know. We had zero. I reached out to, I was fortunate to win Ernst and Young on for the year a few years ago. I met Jody Simone, who's incredible, who did carbon 3D. He's an amazing entrepreneur. If you haven't talked to him, you should talk to him. He's amazing. I love Joe. I was connected to the EY network. I was like, I'll talk to him. So I started having a couple of these like individual science conversations and I and they were like we would love to work with George on this We'd love to advise you on who you should hire and we'd love to be on our scientific advisory board So we had very early success on the even though we had zero people internally on On the science team we had very early success on the He saw on the Scientific Advisory Board to help guide us.

1:10:57And then George said, hey, one of my post -docs has been poached to go do venture capital. I think that she would do much, this is what she wants to do, this area on who you've met has been time with. And he's like, this is what she wants to do more than anything. And if she really has the opportunity, I think she'll succeed and be the bridge between Harvard and Colossal. And so I had one meeting with her, you know, and I don't think I've ever told Ariana that I should tell her this about how amazing it was. I remember like hanging up the phone or the Zoom with her, and I was in Omaha, Nebraska, what I zoomed, and I call our other scientists, Sarah Ord, who'd worked with me before it, and it consults with me at Hybergenne, or whatnot, and choose our only other scientists, and I was like, oh my gosh, we have to went from the church lab, and we have two scientists now.

1:11:48And I was like so ecstatic, right? Because we had one from Harvard, one from Johns Hopkins, I was like, those are good, like we got this, right? And Ariona was a really great moment when we were like, oh my gosh, we can recruit scientists this. We knew we could get advisors to it, but could we recruit actual scientists that wouldn't go pursue a drug? And it was like eight people. I remember when Kent moved to Dallas to help us get started and we were in one of my other company's offices and we're sitting there at Dave Cops from Worlds. We were sitting there at Dave's in Worlds offices and kids and I were looking around and it was like, so it's us.

1:12:34But those are the fun days when you have a blank piece of art. I remember those days. I think I came on as an advisor or just about that point and then it could just you to bold and a few other funds. What was the first capital you brought in? Was it convertible note? Was it your own money? Was it a foreign investor? Yeah, so I spent, and I do this with all of the companies that I could work on. And I never asked for terms on it. I knew a lot of people asked for terms on it. I don't though. So I spent a little over, I spent low seven figures on this from my pocket. Just for, you know, before we started in 2021, talking to people, traveling, hiring, external, social, scientists, like, I am a somewhat trustable verify guy.

1:13:19And so, you know, trusted George, but I was like, is it as close as he says and whatnot. So I want to, so I spent that capital on my own dime. And then, and then like kind of doing that research. And then, you know, some of the first money in was, you know, Thomas Tall, Bold, Jazz Ventures, Tim Draper, you know, what's interesting, and then Tom Chi. Like, I remember Tom Chi was the biggest check in the seed, and Tom Chi got it. And I was like, you know, you have these pivotal moments in your journey where, you know, my conversation, our first conversation where you're like, you need to go do this.

1:14:01like you you were very inspiring to me like and this is before you even introduced me to the bolting you're like you need to go do this how can I help and so you were a major inflection point which I really appreciate when I talked to animal capital I was laying I'd been told no handful times I was exhausted there's like a 9 p .m. call talked to Marshall and Marshall's like yes we're in we're in right now a lot of you 250 ,000 dollars tomorrow and I was like that was an inflection point because that was very early before we had Aryon or whatnot. And then Tim Draper, which he came on and he came and wrote a million dollars, and then when I talked to Tom Chi, Tom was like, he totally got it.

1:14:46His fund at one is so focused on impact. But to impact the way a co -founder of Google X with Astro on the team there. And just amazing and thoughtful. He understood the science and he was like, you know, we'll take the rest of the round. And I was like, amazing, right? And so, you know, because I felt like we were too early almost for the big traditional funds. And so we raised all of it on a convertible note with a cap. So we raised at the time $8 million with Thomas kind of rounding that out. And then Thomas was, and then Thomas was, we then raised another eight on a uncap note, which, you know, if you can get it.

1:15:34And Thomas was the one that said, you need to go, you need more money. And so, he was, so, they, Thomas would have put more money in. We filled out that remaining, we launched with 16 million. And within a week, we were getting term sheets from funds that wanted to put in 40 million in in D &A. And so that happened very quickly. I called Tom Chi, called you, called Thomas Tallah and Thomas, and like none of us got the consistent message we got generally, none of us got as much as we wanted in the seed. And so they're like, we'll give you a term sheet. And so we ended up raising 60 versus 40. And we brought in new partners, which is great, but a lot of obviously our early team.

1:16:21What's your, it's a beautiful, beautiful start -up story, and I love the fact that you made the commitment yourself with your own capital, which if you're able to do it as an entrepreneur, it's a show of success, a show of commitment beyond just your time, that your team from previous ventures continue to join you, that George's right -hand person joined the team, so there's the formulation, the scientific advisory board. You know, and but it was doing this also at a very difficult time to raise capital just for contextual period. What's your advice for entrepreneurs looking at take on a moonshot?

1:16:59Any any take any big takeaways A couple big takeaways for me are you will I Did have a little bit of you know, I have a proven track record I did get more notes that I anticipated because I was like, how can you guys not want to do this? This is incredibly valuable for the world. It's like, if you could go back to the 60s, but you could offer someone a time machine and go back to the 60s and be like, hey, would you want to invest in NASA, which I would argue is the regardless of how you feel about America, worldwide, or politics, or the side, or whatever, NASA is the number one brand that came out of America.

1:17:40Okay, everyone supports NASA. Like it is the brand. And it's like, if you could invest in NASA, why would you invest in NASA? Like it's crazy. It's an absolutely no -brainer. And so I will say that it was a little bit struggling that we did get knows, because I was shocked. I mean, not surprised, I'm pretty, it's so very little at the beginning. But so I was like, you know, really smart team, you can't get sold, you take companies, public sold companies for billions of dollars, you know, me and Andrew had done quite well. So I was like, I feel like we had stuff that like people would get behind.

1:18:15But you, I'd say if you're going to do a moonshot, you have to be even thicker skinned. And I think going through the process, not of successfully building startups, but I've been told no so many more times before I started colossal, that I was so used to being told no, that it just didn't really affect me. I was, I had the conviction. And so you have to like you can't go talk to two people or five people and be told no four times I'm like, I can't do this, you know, I mean I've been told probably no a thousand times team tech or capital So I mean, you know if you have all three girls said You look sounds like you came in first with team.

1:18:57Yeah, and and then capital and then then then on George of the tech Yeah, and is that what you would recommend for moonshots? I just think it's I think it's team and conviction is just so important, right? Like George has a saying where he doesn't let anyone in his lab use the word impossible He's like we may not understand how to do it yet, but I won't use the word impossible And he doesn't allow it in his lab and and I think that that it was inspiring just to start to start the company with George because I mean George was so happy when we lay in when when we raised $8 million. I know. I mean, come on, it was like orders of magnitude more than even WFR.

1:19:39Yeah, he was ecstatic. He's like, are you serious? Like, he was so excited. Are you guys playing with, you know, large language models or what's coming in AI in the work that we're playing? Yeah, so we are, so on the large language model piece, we have an outside of form bio, we have a genotype to phenotype team. And it's really helpful for a literature review, right? Because there's a lot of stuff that comes out. Obviously, you know, some of these things are gated in time. So it doesn't help with some of the most recent articles that have come out. But it does help with reviewing peer reviewed papers, making summaries for onboarding and whatnot.

1:20:20So we are using chat GPTA and several of the other large language models out there. We're also using some of the generative AI tools out there to talk about, like, you know, we have an idea for this educational experience that we're working on. And, you know, instead of going and copying up, we're using some of the generative tools there. So, yeah. Outside of the models that we're building for, like, we have a tool that's pretty cool internally that actually makes recommendations of what tool sets that will create to use for each edit that has the least likelihood of off -targets. And like that's insanely valuable, right?

1:21:06All right, last subject I wanna get into here before I ask you what your ex -price should be. Let's go ahead, the morals and ethics. I have to imagine you get a lot of people sort of raising their hands and saying, you know, come on, I mean, you're playing God. How can you find this morally acceptable? What's the ethics involved here? Aren't people going to use this technology? Not to bring back extinct species, but to sort of like come up with, you know, low -end and dark cats and, you know, cats with horns and a whole slew of mix -and -match. You know, and it's a lot of, I remember when I was in, at the Whitehead Institute at MIT as an undergrad, you know, the early days of genetic engineering and the conversation was all around these restriction enzymes that are going to allow us to reinvent species and come up with things and a lot of debate and discussion about the ethics and morality.

1:22:07Now, it's calm down, it's come back now with AI, but have you reignited that? Are you getting a lot of people concerned about this going out of bounds? Well, you know, AI, you know, synthetic biology is hard to put, you know, CRISPR, it's hard to put the genie back in the bottle on some of these things, right? And so we work very closely with the federal government and we've been public about our investment from Inkyu -Tell and whatnot. And so we want to be part of the teams and helps think through like what should be used and why and where do we draw boundaries around it. You know, I think that we've been very We fortunate with people like Alta Charo and others, which is also one of the world's leading biologists as we joined our team.

1:22:52And we've been very fortunate to pull together not just scientists and biologists, but also conservation groups. And we partnered with all the top conservation groups, because we've really listened in. I think I have a different perspective now than I did maybe 10 years ago on critics, and kind of like including ethical critics. And you know, I think you can learn a lot from an informed critic, right? Like they are the subject matter expert. They don't have to share your belief. And we've taken this attitude that it's not our job to persuade anyone. It's our job to educate people and be transparent about what we're doing.

1:23:26And so that's what we strive to do. And then we really try to listen to those feedback. And some of our earliest critics have become our most valuable assets. And like Lou Vidal, he was pretty negative when we came out. And now we could not be where we are on the mammoth project without it. Yeah, you know, I have to point out the human brain is incredible at imagining all of the terrible things that can happen as a result of some technologies. I mean, we have been trained by Hollywood and the Crisis News Network to always go dystopian all the time. And it's just, you know, it makes a billion dollar blockbusters.

1:24:09But we don't think about what would happen if the technology didn't come into existence, right? I mean, this is the technology that can bring back extinct animals and maintain, you know, large breeding herds for animals on the bridge on the on the precipice of extinction. You brought up a good point there. You know me and I don't I'm an eternal optimist So I don't think as much about. By the way, Optimus live an average of 15 years longer than pessimists so go. We get, so that's going to take me from like 400 to 415s. So that's great. So I'm excited about that. That's great. That's great data.

1:24:51And so what's interesting is that, but fourth, dystopian, because we, outs, even if you talk through it and you understand the ethical applications, because I would argue we play God every day. We eradicated the dodo. We eradicated the thylacene. And we had a hand in our early, and I didn't have a hand in eradicating the mammoths, right? And when we chopped down a forest or polluted our rivers or take medicines, you know, we played God every day with our own bodies. So I think that this is an opportunity to not only undo the sins of the past, but fundamentally for that dystopian crowd, I believe that hopefully it doesn't get to this point, but wouldn't we want a de -extinction toolkit and wouldn't we want the capabilities to bring back at least keystone species that are fundamental to ecosystems, which are fundamental to things like food security.

1:25:38So in the event that we do lose all species, isn't it better? We can all say that we just want to preserve life, which is great. But in the event that we had to bring stuff back, isn't it better that we have that capability set for those, just I don't believe in that world, but for the dystopians of the world, I think it is better that we have that tool, that those capabilities in that knowledge because we are losing species at an alarming rate and in the event having the tools to bring them back is better than not. Beautifully said. Alright Ben, here we go. It's a few years from now. I'm done so incredibly well on my colossal investment and I'm like, you know, I want to say thank you Ben.

1:26:22I want to fund a Ben Lamb ex -prize. What is an ex -prize that you want to inspire entrepreneurs around the world to go morning through night to go and solve? Do you have one? Yes, I do. And I don't, you know, I don't think I'll get to it, but hopefully, and hopefully, you know, I would love it. If someone does, I'd love to advise it. But, you know, I think that Elon is doing an incredible job of recognizing that we have to extend consciousness into the universe and become an interplanetary species. And I think that's amazing. And I'm holding this glow -drevoid space that's an investor, I'm a huge fan, supporter.

1:27:01But interestingly enough, most of the world is covered by water, right? And I think that there's an opportunity when we start to think about like sustainability and these closed ecosystems that we are gonna have to do for off -world, I'd love to see that happen here also in parallel to extending live interplanetary is I'd like to see that happen here in the oceans, right? I would like you've got these like little, you know, hotels that have like the rooms underwater, but it's like we should have the technologies where we can colonize which will force us to build closed systems, right? Where we have to go.

1:27:44Yeah, Yeah, yeah, like life support systems. Also, we have to be more thoughtful about food, sustainability. So I'd love to build sustainable underwater cities. I think that, you know, I think that will make us appreciate our oceans more. You know, if you have reefs and fish outside and kelp outside versus plastic. So I would love to see an ex -price on building not in underwater hotel, but a sustainable underwater city city. How big a population? You know, I mean, we don't have to be... We have to be numbers on this. Yeah, that's fair. I mean, I think you need a small town. I think you need like 10 ,000 people.

1:28:24Wow. I mean, I mean, I mean, real cities. Like, you know, like real, like, eventually metropolitan cities. But yeah, I know that's not going to start there. But I mean, that would be the goal. It's like, how do you get to a 5 ,000 person sustainable city? Not like 50 or 100, like a real city. Ben, I can honestly say it is always an incredible pleasure when I get your phone calls and Peter, do you have a second? And updates I get from you are amazing. Where on the planet you are when you call me, you know, it's sort of Russian roulette. You are an example of what an amazing CEO can do. I just want to say thank you on behalf of bold myself, George Church, and humanity as you bring these technologies to bear.

1:29:11I mean, everything from the artificial womb to hoping, rewild, extinct species to actually bring species back from the press -specific extinction. That's amazing work. Thank you. Thank you, buddy. Appreciate you. Take care.

From the publisher

In this episode, Peter and Ben discuss the possibility of bringing extinct species back to life through Ben’s startup, Colossal. 

02:05 | De Extinction: Unveiling Our Future

21:10 | Gene-Swapping for Species Survival

59:32 | The Return of Extinct Species

Ben Lamm is a renowned entrepreneur and visionary in technology and AI. With successful startups like Chaotic Moon Studios and Conversable, he has made significant contributions to the industry. As the founder of Hypergiant Industries and Colossal, a venture capital-backed startup focused on genetic engineering and reproductive technology in support of George Church's de-extinction efforts, Lamm continues to push the boundaries of innovation, focusing on AI solutions and genetic engineering.

Learn about Colossal.

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