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Why the focus on drugs for the fund? Preventative medicine, lifestyle change and medical devices are also in this arena.
I disagree with you that you cant get funded with tech and no metrics. For the right tech solving the right problems you will find investors. Look at openwater.cc (one of my personal favorite deep tech co's). Their dev timeline is probably somewhere in the 4-5 year range before commercialization and they have a pile of investors on board and more looking to join. I do agree that this platform favors quick, demonstrable progress, but perhaps there is a way to show progress on your deep tech that is engaging and demonstrable? I'm just spitballing here but maybe a few new lines of code you can share or rendering or something like that. I've worked in med device robotics in the past and I know how much effort and progress that can be!
check yussef too
How will things change now that Paul Graham, Sam Altman is on doing other things?