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Can a Patient-Led Nonprofit Change Tinnitus Research Forever? — Transcript

by Tinnitus Quest · 12,979 words · 1,389 segments · language en · Watch on YouTube

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  1. 0:00The first time the three of us were together in person was in Oslo.
  2. 0:06And that's, I think, roughly two years ago.
  3. 0:10And that was really at the very early stages, right?
  4. 0:13We were kind of...
  5. 0:15Tinnitus Quest didn't even formally exist 'cause the legal entity was formed in July, 2024.
  6. 0:20So we were fantasizing, brainstorming, thinking about what could be,
  7. 0:26what could we achieve? And now we are here in Copenhagen.
  8. 0:32And Sven, how would you reflect on the past two years?
  9. 0:36Oof.
  10. 0:38It was a wild journey.
  11. 0:40I think we,
  12. 0:43you know how it always ends up, if you make a plan, nothing will
  13. 0:48work out the way you have planned it.
  14. 0:50And, I think we... but in general
  15. 0:56our main idea on how we want to create Tinnitus Quest and how we
  16. 1:01want to evolve Tinnitus Quest,
  17. 1:05I think turned out to be true.
  18. 1:07I think we were hitting the right spot for the tinnitus community.
  19. 1:15I think we really did our best to find a common ground that
  20. 1:27includes the science, the patient community, and
  21. 1:33let's say it as it is, the marketing around it.
  22. 1:37And I think we learned a lot of stuff.
  23. 1:40We tried out things, some things didn't work out the way
  24. 1:45we liked it.
  25. 1:46I think a big step for us was our grants program and creating
  26. 1:51the design of the grants program.
  27. 1:53And I think we learned so much out of the first design of the grants program
  28. 1:59that this will now keep on developing.
  29. 2:02And I think I'm, personally, I'm super proud of how this idea under
  30. 2:09the shower developed into a little, but multinational NGO to this point.
  31. 2:17Yeah, a hundred percent.
  32. 2:19Yeah
  33. 2:19You said plans never work out the way you think,
  34. 2:23right?
  35. 2:23Is there one thing that surprised you or that you didn't expect that happened?
  36. 2:31I think... I don't think it's the one thing.
  37. 2:37I think in the beginning when we were fantasizing about potential
  38. 2:44celebrities that would support us, I don't think I would've ended up
  39. 2:49saying that William Shatner would be, let's say, a part of Tinnitus Quest.
  40. 2:58I think that was a big thing.
  41. 3:00I thought we have to start, let's say, way more simple and work our way up.
  42. 3:06And I think that was one big thing. And I think it's still a tough,
  43. 3:15it's tough circumstances where you try to get people involved and it's
  44. 3:20still, as you have very often talked about it, a stigma in the industry
  45. 3:26not to talk about it.
  46. 3:29But yeah, I think that was the one big thing.
  47. 3:32And then the second was, I think I underestimated all the legal challenges
  48. 3:38also ahead of us, from starting accounting, setting up the legal entity
  49. 3:45that we decided to be in Germany.
  50. 3:47In the end, we ended up having now two entities in the US and in Germany.
  51. 3:52And this always adds up to so many things.
  52. 3:56And yeah, I think especially, you, Hazel...
  53. 3:59The admin burden is less fun.
  54. 4:01Yeah,
  55. 4:01but I don't think our audience would be very interested in me describing what
  56. 4:04that looks like. No, hopefully not.
  57. 4:07It's less fun and it takes up always more time than you think.
  58. 4:10Yeah.
  59. 4:10Yeah.
  60. 4:10Yeah.
  61. 4:11What surprised you, Jack?
  62. 4:15What surprised me is the speed that we've gone at.
  63. 4:19You mentioned that we were in Oslo two years ago, and I'm thinking, "where
  64. 4:22are we gonna be in two years time?"
  65. 4:24Because if you think about what we've achieved, a group of people, a
  66. 4:29handful of people, what we've achieved in two years, to me, in my mind, is
  67. 4:34incredible. Incredibly proud of it.
  68. 4:36It's not been easy, like you said, the admin, the work, the
  69. 4:40struggles with getting people to talk.
  70. 4:42But I think it's been an incredible journey personally to be part of this.
  71. 4:48And I think we've achieved things very, very quickly and that gives me hope for what
  72. 4:53we can achieve in the next two years.
  73. 4:55I think the dedication of the people was crazy in this project.
  74. 5:00It's not just you, Hazel, it's also Markku. Of course.
  75. 5:04And everybody who supported us and, sorry to add one thing that
  76. 5:09surprised me, I think how our
  77. 5:12board structure developed, from who were the first ones supporting us, then
  78. 5:19how new people came in, how everything shaped so quickly and then you
  79. 5:27learn that maybe the one person is not so dedicated to the mission as we thought
  80. 5:34they would be as somebody else comes up.
  81. 5:37And that is, I think, was also a very interesting development.
  82. 5:42Getting the right people is always so crucial,
  83. 5:45right?
  84. 5:45I remember, Sven, you talked at the beginning about how that's
  85. 5:49your talent as a businessman.
  86. 5:52It's always about getting the right people together.
  87. 5:55And I think you saw that at the beginning and, yeah, you have to
  88. 5:59be lucky to an extent as well.
  89. 6:00But, that worked out really well.
  90. 6:03I think we were lucky as well.
  91. 6:04Yeah.
  92. 6:04To find the right people.
  93. 6:06Yeah.
  94. 6:06I definitely think there was an element of luck in this because
  95. 6:09you just don't know, do you? Until you start working with it.
  96. 6:12Yeah, absolutely.
  97. 6:13But you can enforce luck, as I always say,
  98. 6:16always say it's possible.
  99. 6:17Exactly.
  100. 6:17And, yeah.
  101. 6:19With Markku and Hazel they already knew that they had a lot of competence in the field.
  102. 6:27Always when you start a project like that and you start talking to people,
  103. 6:32in my experience, also business wise, always something good comes up.
  104. 6:36Of course,
  105. 6:37you have to speak to a lot of people.
  106. 6:39If you don't, if you just speak to a very small amount of people, the chances
  107. 6:44that you get the right one is quite low.
  108. 6:47But if you start speaking to so many people as we did, or being on
  109. 6:52so many podcasts and platforms and whatever it was, I think turned out
  110. 6:58to be the right strategy. I think that's a hundred percent like
  111. 7:00Jack has to talk to probably 10 people before we get one video interview,
  112. 7:04right?
  113. 7:05I'm just making up the number 10
  114. 7:08but there's a lot of conversations before you get a specific output.
  115. 7:11Like I'm doing a lot of fundraising.
  116. 7:12You probably have to have 10 conversations before someone
  117. 7:15like writes you a bigger check,
  118. 7:17right?
  119. 7:17And that's a good ratio.
  120. 7:18Yeah.
  121. 7:19And that's probably a good ratio.
  122. 7:20Yeah.
  123. 7:21We get all the time people wanting to volunteer and actually most of the time
  124. 7:25put into Tinnitus Quest is volunteer time.
  125. 7:27And then it's the same thing,
  126. 7:29I talk to volunteers all the time and they're super enthusiastic, but
  127. 7:32probably one in 10 works out because people have life circumstances,
  128. 7:37other things going on, whatever,
  129. 7:38right?
  130. 7:39So it is that ratio, it's a lot of work behind the scenes to get
  131. 7:43the, get the success that you want.
  132. 7:47Anyway, let's talk a bit about the tinnitus community, because I think that's
  133. 7:54from the very beginning everything we've done has been rooted in
  134. 7:58the patient community,
  135. 8:00right?
  136. 8:00Even the very fact that Tinnitus Quest was founded by tinnitus
  137. 8:05sufferers I think is already unique.
  138. 8:09Most patient organizations aren't
  139. 8:12necessarily run by patients.
  140. 8:15I think that's already an advantage that we have.
  141. 8:17And of course, Markku and I were for years running Tinnitus Talk, so we
  142. 8:22always, like, had our ear to the ground with what patients want and heard all
  143. 8:26the frustration for years and years.
  144. 8:28And,
  145. 8:31how did you come into this, Sven?
  146. 8:32Like, for sure, you've suffered from tinnitus since age 15.
  147. 8:36You probably had your own frustrations about what was happening
  148. 8:39or not happening and probably listening to other people as well.
  149. 8:43Like, why is it so important to you
  150. 8:47that we are patient driven?
  151. 8:51Well, I think
  152. 8:53the most important thing about tinnitus and tinnitus research,
  153. 8:57as I always say, is the hope.
  154. 9:03But hope is something you can influence and it's something
  155. 9:08you can start to create.
  156. 9:11And, as most tinnitus patients around the world experience a contact to a
  157. 9:20physician, or an ENT, or whoever as an audiologist, and mostly with the answer
  158. 9:25that nothing can be done is something that is super critical to this condition.
  159. 9:32It's almost... I don't know of any condition
  160. 9:39that is so widespread around the world,
  161. 9:45considered a world health problem, where this answer is
  162. 9:48the only answer you're getting.
  163. 9:52So that is insane.
  164. 9:56So I think it was very important to create Tinnitus Quest as the light at
  165. 10:04the end of the tunnel where people can refer to, where people get the information
  166. 10:09that they want, but not being a classic patient organization like they already
  167. 10:16exist in different countries such as German Tinnitus League or
  168. 10:23even ATA and so on.
  169. 10:25And I think to focus on what matters the most in the end, the research,
  170. 10:35was the right thing to do.
  171. 10:36And I think we tried to balance that out over time.
  172. 10:40Sometimes we were more focused on research and our daily doing
  173. 10:46sometimes, creating more the patient perspective, such as the videos and
  174. 10:52all social media campaigns and so on.
  175. 10:55But yeah, in the end it has become also an NGO business
  176. 11:01operation, which is the reality.
  177. 11:04We're doing this to collect money, and to spend that money on high
  178. 11:10impact research to find a solution.
  179. 11:14And then also what was super intense and interesting is to work or not work
  180. 11:22with other organizations and see how that landscape is working
  181. 11:28and I think what we can proudly say is that Tinnitus Quest for
  182. 11:32sure reshaped that landscape a bit.
  183. 11:35I think from us starting being patients, it was key, because there's
  184. 11:42been so much, how can I put it?
  185. 11:46Disbelief.
  186. 11:47There's been so much people being scammed and there's been so much worry that a
  187. 11:53new organization might not be legitimate.
  188. 11:56Whereas we are coming from it saying that we are in this with
  189. 12:00you because we're patients.
  190. 12:02So I think that's been key.
  191. 12:03It's been key with talking to outreach, trying to get patients and
  192. 12:09trying to get people, artists, to talk.
  193. 12:12Because often they'd say, "I know you know what I'm talking about" because
  194. 12:17they know that we're tinnitus patients.
  195. 12:19So I think it's been key because it's given us legitimacy, which
  196. 12:24is, it's an ongoing battle that we still face, we know that.
  197. 12:28But for me to be able to talk to people knowing that we can relate to
  198. 12:32each other has been, yeah, a big thing for me trying to get people to talk.
  199. 12:39So something that I personally feel doesn't get spoken about much, and
  200. 12:44I'm not quite sure why, is the mental health aspect that comes with tinnitus.
  201. 12:50So we have various degrees of tinnitus, we know that. But there's also a large
  202. 12:55spectrum of people that have severe tinnitus. And that brings
  203. 13:00with it mental health issues, sleep disturbances, all that sort of stuff.
  204. 13:05So 45% of people with tinnitus experience clinical depression and anxiety.
  205. 13:1150 to 70% of tinnitus patients report sleep disturbances,
  206. 13:15and that brings a whole world of fragility and can
  207. 13:20wreck your mental health.
  208. 13:22You put on top of that, that it's an invisible condition.
  209. 13:26You put on top of that, that when you go to the doctors, they
  210. 13:28tell you to just get on with it.
  211. 13:29You put all this mental stress on yourself and no one can understand you.
  212. 13:35And I feel that the mental health aspect of severe tinnitus is something
  213. 13:39that is just not spoken about enough.
  214. 13:42And the reason why I say this is because when you do these interviews,
  215. 13:47you get these people to talk to you about how it's affected them and you put it
  216. 13:53together with what's available to them,
  217. 13:56there's a massive disconnect.
  218. 13:57There's so many things to me that don't make sense in tinnitus.
  219. 14:02This whole world does not make sense.
  220. 14:04It's just not logical in any way.
  221. 14:06So that's something that I feel is something that we brought out with
  222. 14:12Tinnitus Quest, with the interviews, sharing stories, sharing real stories.
  223. 14:17I think the mental health aspect has really been a big thing for us.
  224. 14:21I'll give you another statistic, actually.
  225. 14:25Like I said, Markku and I have been running the Tinnitus Talk support forum
  226. 14:28for many years. Markku much longer,
  227. 14:29he started in 2011.
  228. 14:32We've used it also to gather data from the community and some of that data has been
  229. 14:38turned into academic papers, et cetera.
  230. 14:40But there's a survey statistic that, I don't think we ever
  231. 14:44published it,
  232. 14:45but we ask people, "have you ever had suicidal thoughts
  233. 14:49because of your tinnitus?"
  234. 14:50And 30% answered yes.
  235. 14:52And that's a very scary statistic.
  236. 14:56Okay,
  237. 14:56now we must realize that this is not a random sample of people with tinnitus.
  238. 15:01This is a sample of people with tinnitus who are distressed enough about it to
  239. 15:04go online and seek help from others,
  240. 15:06right?
  241. 15:09Still, that is a scary statistic.
  242. 15:11And I remember even, like, back then, years ago, when I got involved and
  243. 15:17we would have conversations with other tinnitus organizations, and I
  244. 15:21won't name them because I'm gonna criticize them now a bit as well,
  245. 15:25but we would bring up statistics like this and they would say, "but
  246. 15:28we can't talk about that because we'd be scaremongering,
  247. 15:31right?
  248. 15:32We'd be making people afraid that they're gonna end
  249. 15:36up like that and they can't get better and they can't habituate."
  250. 15:39I'm like, but how can we sweep that
  251. 15:41under the rug as well, right?
  252. 15:44We should be talking about that.
  253. 15:46And there's always this tension where in the more like traditional
  254. 15:50organizations are like, "no, we're not gonna talk about that."
  255. 15:53Because to me it felt patronizing in a way. It was like,
  256. 15:58"well, we have to protect people from scary messages, so we're
  257. 16:01not gonna put out scary messages."
  258. 16:05That always frustrated me.
  259. 16:07Yeah.
  260. 16:07The problem is with that, again, the whole world
  261. 16:11of tinnitus is upside down.
  262. 16:12It's lopsided.
  263. 16:13It makes no sense to me.
  264. 16:14Because if you do that, if you keep saying, "no, don't talk about that.
  265. 16:18Don't talk about that."
  266. 16:19So what happens is that tinnitus remains classified as a minor problem
  267. 16:24because nobody's talking about suicide, nobody's talking about
  268. 16:27clinical depression, 45%, et cetera,
  269. 16:30all those figures I just mentioned. If we're not talking about it, it remains
  270. 16:34that little noise in your head that the doctor tells you to get on with.
  271. 16:37Now, of course, talking about suicide is...
  272. 16:40we've had this come up in our interviews. And when you are interviewing someone
  273. 16:45who is telling you, a young person is telling you that they have been suicidal,
  274. 16:50it affects you because, you know, it just does.
  275. 16:52How can it not?
  276. 16:54But again, as I'm hearing this and I'm interviewing this person, I'm like,
  277. 16:58"okay, this is what this person's data is."
  278. 17:00And then I go online and see what the data is regarding general
  279. 17:05tinnitus and, "oh, cope with it."
  280. 17:06And coping strategies have their role.
  281. 17:09Of course they do.
  282. 17:11We need coping strategies, right?
  283. 17:12We need to learn how to deal with it.
  284. 17:14But there's a disconnect in my mind.
  285. 17:17You've got these people severely struggling, but yet, man, we can talk
  286. 17:23about the funding and we can talk about the research of the funding,
  287. 17:26but it's like, it makes no sense to me.
  288. 17:30Yeah,
  289. 17:30but I would like to put that a little bit in perspective because it's,
  290. 17:34I wouldn't say that the research community in the past 10 years
  291. 17:41has not spoken enough about that.
  292. 17:43I think there have been great samples of studies where all co-morbidities
  293. 17:51of tinnitus have been at least looked at very much in detail.
  294. 17:56But, the reality is on the one side those studies, and on the
  295. 18:03other side, the average ENT, or the average physician you will meet
  296. 18:09as a tinnitus patient first time.
  297. 18:11So of course, those physicians, and of course we know, and that's the
  298. 18:18same thing as the sample that you just mentioned from Tinnitus Talk is.
  299. 18:23We all know those first cycles,
  300. 18:28that it's a downward spiral.
  301. 18:30When you're
  302. 18:31a first time tinnitus patient and your tinnitus comes into a chronic phase.
  303. 18:40Then, of course, there is an amount of patients that are able to adapt to that.
  304. 18:46And, of course, like probably that's the same with any chronic
  305. 18:53disease, not just tinnitus, whatever it is.
  306. 18:56Pain is the same thing.
  307. 18:57If you would ask the same questions in a pain forum and you would ask, "have you had
  308. 19:03suicidal thoughts because of your pain?"
  309. 19:06Then of course a large amount would say probably yes, depends on the
  310. 19:10amount of pain, and pain is relative
  311. 19:14as is tinnitus.
  312. 19:18So I think the problem is not the research that has been done. And
  313. 19:24I think there has been solid research on co-morbidities today.
  314. 19:29I agree.
  315. 19:29Yeah.
  316. 19:29I think everybody knows that today, at least in the top
  317. 19:33tinnitus centers around the world,
  318. 19:35and in the meantime there have been a few that if a patient
  319. 19:39has a clinical depression, we treat the depression first.
  320. 19:45If he has anxiety, we will treat the anxiety first because I think
  321. 19:51that's the normal thing to do.
  322. 19:53But, as I say, the problem is the average physician or ENT a tinnitus
  323. 20:01patient will face probably around the world as a first contact.
  324. 20:05And I think the, of course,
  325. 20:08handling those kinds of things for those physicians as such a multi-morbid
  326. 20:16condition is super difficult for them.
  327. 20:19Oh yeah.
  328. 20:20How the medical profession deals with tinnitus patients is one thing, but I think,
  329. 20:25I feel like Jack and I were talking more about the public debate around tinnitus, right?
  330. 20:29Yeah.
  331. 20:31Sorry to interrupt you.
  332. 20:31Yeah, go ahead.
  333. 20:32But I just wanna clarify that 'cause I understand what you're saying.
  334. 20:35What I was saying is that from the hackathon, we can talk
  335. 20:38about the hackathon afterwards
  336. 20:39'cause I think it's amazing.
  337. 20:40It was amazing to be there, and I want to talk about that.
  338. 20:43But what I was referring to more is that we're tinnitus patients.
  339. 20:48You add one more person who is not a tinnitus patient, they're like, "oh, is it..."
  340. 20:54like, I was at a dinner party on Friday,
  341. 20:57"so is it... what is it?
  342. 20:58Is it like a sound?"
  343. 20:59That's what I mean.
  344. 21:00It's treated as a minor problem in terms of general perception
  345. 21:05and funding and we know about that.
  346. 21:06Oh yeah. That's what I'm talking about.
  347. 21:08Because when you get these people saying these amazingly powerful things
  348. 21:14and then you go and do the research, you're like, this ain't making sense.
  349. 21:17I got a figure that I want to drop.
  350. 21:19I'm dropping figures today 'cause I did a bit of research so that I can look smart.
  351. 21:23The global cost, the annual global cost.
  352. 21:26Do you know what the global cost is?
  353. 21:28The annual global cost combined
  354. 21:31of tinnitus?
  355. 21:32Have a guess.
  356. 21:33That's a high number.
  357. 21:34It's billions.
  358. 21:35It's of course into the billions.
  359. 21:39Yeah.
  360. 21:40But it is, as I say, there's one smart thing somebody said once about
  361. 21:46tinnitus and why it's still not, even though it's a world health issue,
  362. 21:51it's one of the big world health issues next to also hearing disorders.
  363. 21:56No,
  364. 21:56so it's not just tinnitus for itself, but it's also hearing disorders and
  365. 22:02the reason is: It doesn't kill you.
  366. 22:04Yeah.
  367. 22:05Yeah.
  368. 22:05That is the simple reason.
  369. 22:07That is the simple reason.
  370. 22:08That is the simple reason.
  371. 22:10If cancer would be super painful but not killing you in the end
  372. 22:18it would've been treated differently.
  373. 22:20Yeah.
  374. 22:21But, you know, that is the reality.
  375. 22:23Yeah.
  376. 22:24And this is why it's still
  377. 22:29on such a low ball situation.
  378. 22:32I would say that's part of the explanation, but not the full one.
  379. 22:36If you think about chronic, you just mentioned chronic pain.
  380. 22:39Chronic pain doesn't kill you either.
  381. 22:40Usually people have chronic pain long after the original injury is resolved.
  382. 22:45That's what chronic pain is.
  383. 22:46It's like the centralization of the pain signal when there's actually
  384. 22:50nothing wrong physiologically, right?
  385. 22:53Yet people suffer immensely.
  386. 22:55The funding and attention that goes into that is many, many multiples if not,
  387. 23:01maybe dozen times more than tinnitus.
  388. 23:04And I think it's because everyone knows what pain is.
  389. 23:07Yeah.
  390. 23:07Everyone has once had a bad injury or an incident where they experienced
  391. 23:12extreme pain and can relate to that,
  392. 23:15right?
  393. 23:16I think that's the difference.
  394. 23:17And there is a whole field in medicine that is only looking at
  395. 23:23pain. An anesthesiologist, in the end, of course, doing anesthesia
  396. 23:33is, in the end, is taking away pain, or possible pain from you.
  397. 23:39So a whole field of medicine is only looking at pain or preventing pain.
  398. 23:47And even though it's still a complicated question in
  399. 23:52many cases, but I think the big,
  400. 23:55a big difference also is that, if you come to a doctor and you say you're
  401. 24:00having pain, he's got a variety of possibilities to treat you from the first
  402. 24:09second, he will never tell you, "yeah, sorry, just get used to your pain and
  403. 24:14go." Of course he will drive first with, I dunno, whatever it is, physiotherapy
  404. 24:19or ibuprofen or something.
  405. 24:23So pretty easy.
  406. 24:24And then, but then he's got the full scale of, up to an opiate, to
  407. 24:31shoot you to the moon, basically.
  408. 24:34And I think that is the very big difference.
  409. 24:37It's the difference how the patient perceives the situation and also
  410. 24:42what the market, that's what the reality for the pharma companies is.
  411. 24:47Yeah.
  412. 24:47And I think that's, going back to, circling back to where we
  413. 24:51started with this, the global annual cost of tinnitus is 200 billion,
  414. 24:55estimated as $200 billion per year.
  415. 24:58If you imagine that as a swimming pool, an Olympic size swimming
  416. 25:01pool, the amount of money that gets put into research every year would
  417. 25:07be a glass of water.
  418. 25:09So financially, it's a massive number.
  419. 25:13So little has been put in into funding.
  420. 25:15Again, it just doesn't make sense from a financial point of view.
  421. 25:19Yeah, I mean, it's, if we would start solving problems on this planet on the
  422. 25:26basis of that calculation, I think, we would be far more ahead
  423. 25:31in many things, yeah.
  424. 25:33But the reality is, is that in the end a problem for the market?
  425. 25:41We're talking about two things.
  426. 25:44The cost you're just, you're giving are
  427. 25:49partially costs to the economy or to the social systems or to society.
  428. 25:54Yeah.
  429. 25:55So that's always a relative cost.
  430. 25:57Something, we can say that all over again,
  431. 26:00you won't feel if it's a billion more or less in your pocket.
  432. 26:06So that's the reality. The reality is how can we motivate researchers, and then ultimately
  433. 26:14companies, to get into this field?
  434. 26:19And I think the motivation, in general, is on the one side quite low because the
  435. 26:27approach is so complex, but on the other side quite high because the patient base
  436. 26:33is huge and it's a very sustainable
  437. 26:38patient base.
  438. 26:39So what's the highest risk factor in tinnitus?
  439. 26:43It's age.
  440. 26:45So societies are getting older, so this will be a very sustainable patient base.
  441. 26:54So in the end, I think those are the big questions.
  442. 26:59And I think, to be honest, this community hasn't done a great job over the
  443. 27:09last 20, 30 years in pushing the topic.
  444. 27:15Look at other conditions, look at mental health issues.
  445. 27:19Nobody talked about mental health issues
  446. 27:2220, 30 years ago. You didn't say, "oh, my uncle has a depression."
  447. 27:26Somebody said, "he's crazy", or something like that, you know?
  448. 27:30It was very blunt, very bold.
  449. 27:33It wasn't seen as something that you talk a lot about and a couple
  450. 27:40of smart people, whoever they were,
  451. 27:42congratulations, you turned around the whole view society has on that problem.
  452. 27:52I just wanna jump in there, Sven.
  453. 27:53Sure.
  454. 27:53Because I think that, I agree with you,
  455. 27:56I agree that if we're gonna tackle this, the tinnitus community as a whole has got
  456. 28:01to internalize that it starts with them.
  457. 28:03But I also wanna put a caveat on that.
  458. 28:07I don't think the tinnitus community has had the opportunity
  459. 28:11that Tinnitus Quest is giving it.
  460. 28:13And here's what I mean.
  461. 28:16We are now getting people coming to us saying, "I want to share my story.
  462. 28:20I want to tell you everything about my life and my struggle."
  463. 28:24That's a lot for a patient to do.
  464. 28:25That takes a lot to go on camera with a guy that you've never met before.
  465. 28:29You have no relationship to this guy and say, and start crying
  466. 28:35and say, I've had people say that tinnitus has been the principal
  467. 28:39cause for breaking up their marriage.
  468. 28:42I've had people say it drove them to drink, on record.
  469. 28:47I've had people say, as we know, that they have been clinically depressed
  470. 28:51and suicidal. It takes a lot for a person to do that to a stranger.
  471. 28:55So I don't think they've had the opportunity that Tinnitus
  472. 28:58Quest is giving them.
  473. 29:00And I'm grateful that we're giving them this opportunity, but I also
  474. 29:03strongly feel that we've got to get the message across even stronger.
  475. 29:10It starts with them.
  476. 29:14We get emails all the time saying, "email that famous person.
  477. 29:18Get on the phone to that famous person."
  478. 29:21And my reaction is, I'm like, okay, hold on.
  479. 29:24Let me think about it.
  480. 29:25So let me just think about this.
  481. 29:27You wanna go and talk to this guy who's got a multimillion
  482. 29:30dollar enterprise around him.
  483. 29:33Dozens of people that rely on him or her for a living, a career
  484. 29:39that he's built up over 20, 30 years.
  485. 29:40She's built up over 20, 30 years, and you want them to come to a
  486. 29:44new organization and share their story, but you won't share yours.
  487. 29:48And people go, "what are you talking about?
  488. 29:50What have I got?
  489. 29:51They reach millions!"
  490. 29:52And my feeling on this is if we want to change things, it starts
  491. 30:00with us. Patient after patient, patient one, patient two, patient three,
  492. 30:04till we get to patient thousand.
  493. 30:06And then you go to those people and they see a whole grassroots groundswell.
  494. 30:12Jack, I do wanna hear more from you about the stories that you've heard
  495. 30:16'cause you've spoken to so many people now.
  496. 30:18Is there a specific story that affected you or is there a theme that sort of
  497. 30:25stands out from all these conversations?
  498. 30:28All of them have affected me because I'm constantly tuning into their emotion
  499. 30:33and I, yeah, they've all affected me. And I hate to say it, but the more
  500. 30:40people are honest with me, the more I'm grateful for that video because we've
  501. 30:46got to show the real face of tinnitus.
  502. 30:50I've been dealing with tinnitus for 23 years and I always thought it was just me.
  503. 30:55I always thought it was like, "is it me?
  504. 30:57Is it just my mental weakness?
  505. 31:00My anxiety or whatever?"
  506. 31:04But the more stories I hear and record the more I think,
  507. 31:09"this is a problem that is ridiculous."
  508. 31:12It's such a problem.
  509. 31:13And every video for me is a win.
  510. 31:17So in terms of stories, I've spoken to other musicians, they've told
  511. 31:21me that it's wrecked their careers, it's wrecked their mental health.
  512. 31:25It's changed the way that they've had to create.
  513. 31:28I've spoken to people, and again, this is something that, going back to the mental
  514. 31:31health aspect, people struggle more with mental health from my experience than
  515. 31:37they do with the actual sound,
  516. 31:40the actual sound itself. What does that mean?
  517. 31:42The sound is the sound.
  518. 31:45But people are struggling with going out to get a loaf of bread because they might
  519. 31:49hear a child scream, going out to a dinner party, and then if they don't go to the
  520. 31:54dinner party they shut down their life.
  521. 31:57They don't socialize, and if they don't socialize, they're not being mentally fed.
  522. 32:02All these things that we don't think about. When I go to a dinner party, I'm worried
  523. 32:06about how much noise is gonna be there.
  524. 32:08All this mental cost that it takes from people is not fully aware.
  525. 32:15When you say to someone, "I've got tinnitus" they go, "oh,
  526. 32:18is it the sound in your head?"
  527. 32:19I'm like, "yeah, it's the sound in my head
  528. 32:21But there's a whole backdrop to that I can't explain to you,
  529. 32:26because..." So how do you explain it?
  530. 32:27'Cause we just talked about how like chronic pain is different 'cause
  531. 32:31everyone knows what pain is, right?
  532. 32:32But not everyone knows the experience of living with tinnitus.
  533. 32:35So how do you convey that?
  534. 32:37That's a good question because I don't think the people who don't have tinnitus
  535. 32:43can fully grasp what we're talking about.
  536. 32:46It's inside our head. And it's not just inside our head.
  537. 32:50You're taking away everything, all the possibilities.
  538. 32:53Because just going out in a sort of a sensory world, there's noise everywhere.
  539. 33:01Me coming on the plane here, going through the airport, it's a big problem.
  540. 33:08That's why stories are so important.
  541. 33:11And that's why it goes back to what I was saying, the tinnitus
  542. 33:15community has got to internalize.
  543. 33:17We've got to make our voice count.
  544. 33:21That's the key.
  545. 33:24Yep.
  546. 33:25Let's talk a bit about the message that we are putting out versus the
  547. 33:32message that people living with tinnitus may hear through other channels.
  548. 33:37So I'll give you an example.
  549. 33:39So there's been more media attention towards tinnitus in the past few years.
  550. 33:44That's a good thing.
  551. 33:45But I notice a pattern whenever there's a media article about tinnitus, it will
  552. 33:50start with, usually they interview someone and say, "Christine lives with tinnitus and
  553. 33:56she's struggled a lot and it's affected her so much", but then it always ends with
  554. 34:02"Oh but Christine learned to live with it and now she's fine.
  555. 34:05And if you have tinnitus, you shouldn't worry too much
  556. 34:08'cause there's lots of like tools and things you can do to help
  557. 34:11yourself and you're gonna be fine."
  558. 34:13Right?
  559. 34:13So there's this compulsion to end on this positive note rather than to say,
  560. 34:18no, actually this is a urgent problem and we need to put a lot more money into
  561. 34:21research. And I always feel it's such a missed opportunity and it frustrates me.
  562. 34:27And if I will, I hate to, I don't wanna bash anyone, but I'm
  563. 34:31frustrated with the traditional tinnitus and hearing organizations.
  564. 34:35And in fact, we wouldn't have founded Tinnitus Quest if we
  565. 34:38didn't all feel that frustration,
  566. 34:39right?
  567. 34:40Because what happens when a journalist writes an article about tinnitus, they
  568. 34:43will go to one of the traditional organizations because they'll do a quick
  569. 34:46Google and they'll find one of them that have been around for dozens of years,
  570. 34:50and that's the one they'll interview.
  571. 34:52And those organizations
  572. 34:54fail to grasp the opportunity to then put out a message through this journalist that
  573. 35:00this is really urgent and we need to put a lot more money into research and we need
  574. 35:04better treatments and better solutions.
  575. 35:06And instead they'll put out this kind of wishy-washy message about, "yeah, it
  576. 35:11can be really bad but most people learn to live with it, blah, blah, blah."
  577. 35:14And that just frustrates me.
  578. 35:16Can I be honest with you?
  579. 35:17I feel if you, now I, firstly, I understand the dilemma.
  580. 35:22The dilemma is, we've got to share coping techniques, because we have to. It's a
  581. 35:27moral obligation to help people, right?
  582. 35:30We're all good people.
  583. 35:31We want to help.
  584. 35:32So we share coping techniques.
  585. 35:35But I feel, if I'm honest with you, that we've become entrenched
  586. 35:39in the idea that there's never gonna be a cure.
  587. 35:41Yeah.
  588. 35:42So they share these coping techniques and it's done with in good faith.
  589. 35:45And I appreciate that.
  590. 35:47I've benefited from them, but it's almost if we take a hundred percent
  591. 35:51of what we do, not we, Tinnitus Quest, of people that help in this area, a
  592. 35:57hundred percent, 95% would be coping techniques and then a tagline at the end,
  593. 36:03"Oh yeah,
  594. 36:04yeah, we're a little bit into research 'cause we're looking at research."
  595. 36:09Surely it should be the other way around.
  596. 36:12And I understand the dilemma 'cause they have to, but I feel that it's
  597. 36:16entrenched that there's no cure.
  598. 36:18Let's not talk about a cure because it's too complicated.
  599. 36:21Let's just pretend or... that's how I feel.
  600. 36:26Yeah.
  601. 36:26But we have to be very honest there.
  602. 36:30That was the beginning in every major disease that
  603. 36:36physicians where scientists started doing research on. That is the
  604. 36:41same today for glioblastoma, for a brain, a certain brain tumor, that
  605. 36:50everything starts at some point.
  606. 36:53And, of course this, we can talk about a cure and I'm not sure, I'm
  607. 37:03100% sure that there will be a cure, because there's a solution to that.
  608. 37:09And a very similar story is if you look at the
  609. 37:15the French researcher that got the Nobel Prize for, the shared Nobel
  610. 37:20Prize for the development of mRNA.
  611. 37:24Just read her story.
  612. 37:26She was basically dismissed from universities because her approach
  613. 37:32did not work. In the beginning,
  614. 37:34everything they tried with mRNA, people died, or people got severe side
  615. 37:40effects because they couldn't handle the immune system reacting to that.
  616. 37:45And then she kept on working on it and she found a common ground at the
  617. 37:51company today world known as BioNTech.
  618. 37:55And this is where she found a home ground to keep on with her research and
  619. 38:01in the end it turned out to be probably the sharpest sword we will
  620. 38:07have against a lot of different cancers in the next years.
  621. 38:12And I think this will turn around, or reshape the whole health
  622. 38:19landscape, what will happen there in the next years.
  623. 38:25Of course it starts somewhere and whatever the trigger point was to
  624. 38:31start, maybe it was Tinnitus Quest now.
  625. 38:34And that's what we working for.
  626. 38:36And of course, we need a little bit of luck.
  627. 38:39We always need a little bit of luck.
  628. 38:41We need,
  629. 38:44we need consistent hard work on it.
  630. 38:48It's not something where we just play around and put some bets
  631. 38:52on and, hopefully, that never wins any championship.
  632. 38:59There's a very nice saying,
  633. 39:00and I'm not into American football, but this is really true,
  634. 39:03it's actually for, the English football, the same, it's "defense wins championships."
  635. 39:10That is very good, and that means that you have to be very persistent and
  636. 39:18very strong, always working towards one point at the same time and penetrated
  637. 39:28many, many times before being able to succeed.
  638. 39:31And that's the same, it's the same in our case.
  639. 39:35You came into this from the beginnings, Sven,
  640. 39:38with this strong message of
  641. 39:40a belief in scientific progress.
  642. 39:43Scientific progress is always possible.
  643. 39:45Every problem has a solution and we just need to push hard enough to find it.
  644. 39:51And I think that has informed our narrative from the beginning where
  645. 39:55we're not afraid to talk about how bad the problem is and talk about things
  646. 39:59like mental health and suicide, but it's a positive message because we
  647. 40:03believe there's a solution as well.
  648. 40:05So we're not just sending out a scary message of, "oh, tinnitus is so bad."
  649. 40:10We're sending out a hopeful message of, "this is a very difficult and
  650. 40:13complex problem, but it can be solved and we need to all put our
  651. 40:19full attention towards solving it."
  652. 40:21Yeah, because I hate it so much that in general, in my professional life, if I
  653. 40:27have a meeting with either my team or even with third persons, then
  654. 40:37I just hate it
  655. 40:38if somebody only speaks about problems.
  656. 40:42It doesn't give me anything.
  657. 40:44It doesn't give him anything.
  658. 40:46So if you want to, you know, if you really want to change something, then put out
  659. 40:52the problem, describe the problem, but start to describe possible solutions.
  660. 40:57It doesn't matter if they're wrong or right, but just by starting to
  661. 41:01discuss solutions, this is where you will get people together.
  662. 41:06And maybe you don't have the 100% answer, but maybe you're at 40%.
  663. 41:11The next one will say, "oh, that's right.
  664. 41:13I have an idea to add to that."
  665. 41:15And this is how avalanches are developing.
  666. 41:20The beginning of an avalanche is one stone.
  667. 41:23And this, I think, this is what we are trying, not trying,
  668. 41:27but this what we are doing.
  669. 41:28A couple of things.
  670. 41:30I think we are giving hope by creating a community.
  671. 41:36Yes, we put out a stark message.
  672. 41:39We don't deal in coping techniques and stuff like that. But I think,
  673. 41:44and I don't just think it, I see it, and I've had people say, "I'm
  674. 41:47so glad that I found this page.
  675. 41:50I'm so glad I found Tinnitus Quest.
  676. 41:52I finally have a sense of hope. A realistic sense of hope."
  677. 41:56Number two, I like that we don't mix our messaging.
  678. 42:00I like that we don't mix it.
  679. 42:01I like that we're all about, "this is what we want and this is what
  680. 42:05we're trying to do to get there."
  681. 42:07And that's better treatments towards a cure.
  682. 42:11So I think these things are important.
  683. 42:14And the last thing I wanna say on this particular point is that I'm
  684. 42:17currently reading a book called "A Short History on
  685. 42:21Nearly Everything" by Bill Bryson.
  686. 42:24Every page is about a researcher, an inventor, a scientist failing.
  687. 42:32Some of these guys fail for 10, 15 years.
  688. 42:35They never actually achieved what they wanted. But then someone
  689. 42:40else would come along, take that research, and make the breakthrough.
  690. 42:44It took perseverance, determination, and passion to create this
  691. 42:49scientific world that we all live in.
  692. 42:52And I think that's where Tinnitus Quest is.
  693. 42:54We are forging through, despite all the negativity and all the problems
  694. 43:01with legitimacy, the lack of funding.
  695. 43:04And I feel if we don't do it, who else is gonna do it?
  696. 43:07That's why I feel passionate about what we're doing.
  697. 43:09Okay,
  698. 43:09so this is a hot one.
  699. 43:12We can cut there.
  700. 43:13Yeah.
  701. 43:14Yes.
  702. 43:15Why is Big Pharma hesitant to get involved consistently?
  703. 43:22It's actually not such a complicated question.
  704. 43:24It's...
  705. 43:27just from today's perspective,
  706. 43:31if you would be the CEO of a Big Pharma company and your VP
  707. 43:38called Hazel would come to you and say, "I've got a great idea.
  708. 43:42We need to get into tinnitus."
  709. 43:44You say, "tinnitus,
  710. 43:46okay."
  711. 43:46And then she will provide you with the numbers and will tell you,
  712. 43:50"800m people around the globe have tinnitus." And he says, "800 million?
  713. 43:55What are they doing the whole day?"
  714. 43:58Then she will say something like, "well, most of them cope with it and it's
  715. 44:04actually not a problem for them.
  716. 44:06And then there is an amount of, let's say, 250 million struggling with it."
  717. 44:12"Okay,
  718. 44:12250 million, still high number."
  719. 44:15And so you get on with that and then he will ask the one critical
  720. 44:22question is, "how can we approach that?"
  721. 44:27And this is where the whole story will end because Hazel will have to say, "well, at the
  722. 44:34moment there's no, there's just no..." in terms of we're talking about pharmacology,
  723. 44:44she can say something like, "Lidocaine has worked, but
  724. 44:52the side effects are so severe that people could have died."
  725. 44:57And all of that.
  726. 44:59And so, in the end, a lot of basic research has to be done.
  727. 45:04And that's something pharma is not so interested about.
  728. 45:10The basic research, at least in Europe, in the US it's a bit different,
  729. 45:15but in Europe, is done by
  730. 45:19state academic institutions, the universities, the big societies in
  731. 45:25Germany like Fran Hofer and whoever, what their name is, and you have equal ones
  732. 45:31in France and the Netherlands and so on.
  733. 45:36This is where mostly the basic research starts, and as soon as
  734. 45:40there is a hint that something could work out then most jump into it.
  735. 45:46And then the next thing that prevents, and that is one of the number one
  736. 45:51causes that pharma is taking a step at is, as soon as you would be in that
  737. 45:58conversation a bit further, you would ask, "how can we measure the success?"
  738. 46:04And then we're again at the end of the story because there is no
  739. 46:08objective measurement in tinnitus.
  740. 46:11It just doesn't exist.
  741. 46:14And you're the best example.
  742. 46:16And I'm the best example.
  743. 46:17You're saying you have a severe tinnitus.
  744. 46:20What does that mean?
  745. 46:21What, how can we, that is, if, of course, if we would develop a drug that,
  746. 46:29as the potential outcome, has only tinnitus gone, or tinnitus is still
  747. 46:34there, then of course, okay. But will a drug influence that your tinnitus gets
  748. 46:41better as long as you take the drug?
  749. 46:43Or is it just a one time pill or whatever it is?
  750. 46:47So that is a very complicated, well, no, it's an easy answer to a very
  751. 46:53complicated question is that, at the moment, the basic research
  752. 46:59is not far enough for pharmacology
  753. 47:01I think for the companies to jump on.
  754. 47:05There are companies, mostly venture capital financed, and the
  755. 47:10second thing is the measurement.
  756. 47:12It's very hard for a company to invest into a drug to come out
  757. 47:20and not have a very solid objective measurement scheme.
  758. 47:26Did it work or did not work?
  759. 47:28And that's particularly important in in tinnitus in general, because
  760. 47:34tinnitus, the, I don't know, I'm missing the word,
  761. 47:39the bias factor...
  762. 47:42the, oh God...
  763. 47:43In the study. Biomarker, no?
  764. 47:46No, not the biomarker. The placebo, sorry.
  765. 47:50The placebo effect, sorry.
  766. 47:52Missed the word.
  767. 47:53The placebo effect is so super strong, and as soon as a placebo effect is so strong
  768. 48:00in a condition, then it gets even more important that we can objectively measure
  769. 48:07the outcome of, in any trial imaginable.
  770. 48:11So this is, I think the, let's say, the easy answer to the situation.
  771. 48:17Yep.
  772. 48:18Yeah, so I totally agree.
  773. 48:20I think it's important that people understand what the research
  774. 48:26pipeline looks like for new medical solutions and innovations.
  775. 48:29And what a lot of people don't know is like Sven just described that it's
  776. 48:33usually academia actually that comes up with the major new breakthroughs and
  777. 48:37insights because the risk reward system in academia is such that you get rewarded
  778. 48:44through, you gain status in your career through making major new breakthroughs
  779. 48:52and coming up with insights that don't necessarily yet have a commercial angle,
  780. 48:57right?
  781. 48:57But in, obviously in the
  782. 49:00commercial world, there's different risk/reward systems where it's only
  783. 49:08interesting for a commercial company to pick up something if there's already, if
  784. 49:13there is already a solution of sorts that they can then develop and bring to market.
  785. 49:19So they're interested in commercializing existing solutions.
  786. 49:23But if there is no solution, if there is nothing to commercialize, then, so
  787. 49:27that's why, that's what we are trying to do with Tinnitus Quest is to accelerate
  788. 49:32that pipeline and specifically fund sort of those translational studies
  789. 49:38where you're translating insights from basic science into actual treatments.
  790. 49:43And that's where traditional funding is
  791. 49:48very slow and conservative, right?
  792. 49:51And that's why you're seeing a lot of tinnitus studies that just rehash
  793. 49:56stuff that's already been tried.
  794. 49:58Let's do another study for CBT or let's again try transcranial magnetic
  795. 50:03stimulation or whatever because that's how traditional funding for academia,
  796. 50:09that's the incentives they provide, particularly for tinnitus, because it's,
  797. 50:16there's so much we don't know yet.
  798. 50:19And so that's where we are trying to fill in that missing link.
  799. 50:23Let's fund studies in academia that really tries something new and different.
  800. 50:28And then if they identify an actual potential solution, then
  801. 50:32we need industry to pick it up.
  802. 50:34And that's also when it becomes a lot more expensive.
  803. 50:37'Cause the kind of studies we fund are actually not that expensive.
  804. 50:40There's just very little appetite from anyone to fund them.
  805. 50:44But the expensive part is usually once you make a discovery of, "hey, this
  806. 50:48treatment might actually work", then it takes hundreds of millions to get it to
  807. 50:53market, and you need industry to jump in. And it still doesn't mean it works.
  808. 50:57Yeah.
  809. 50:58This is also a very dangerous
  810. 51:03way to approach that is by, very often in science you had very
  811. 51:11small trials in the beginning that turned out to be amazing.
  812. 51:16Yeah.
  813. 51:16And then you put it in large scale,
  814. 51:18there's no guarantee. And there's no guarantee.
  815. 51:20Yeah.
  816. 51:21But this is, well, in the end, this is how science works.
  817. 51:24This will never change. Whoever debates against science around the world.
  818. 51:30I know these developments come up once in a while - we had
  819. 51:34that huge debate within Corona.
  820. 51:38I'm not going to get into that.
  821. 51:40But, in the end, if somebody gets sick for whatever reason, and on whatever
  822. 51:48condition, he always yells for the doctor and yells for a solution.
  823. 51:55And this solution is provided by science.
  824. 51:59And science works the same.
  825. 52:01The lucky situation for our generation that we live in
  826. 52:07is the acceleration through
  827. 52:12IT and, of course, AI and stuff like that.
  828. 52:17I think that will accelerate everything.
  829. 52:19I think everybody gets the feeling at the moment that, at least my feeling,
  830. 52:24that at the moment, medical research in general is accelerating at a fast pace
  831. 52:34because the opportunities have grown.
  832. 52:38Just as an example, just cancer, 20 years ago if you had cancer, there
  833. 52:43were two, well, three options: Radiation therapy, chemotherapy, surgery.
  834. 52:49Those were the three things for a long, long time.
  835. 52:53Those were the three options that were available.
  836. 52:57Sometimes worked out, sometimes it didn't, and that was it.
  837. 53:04If there was a tumor not reacting to one of those three or was not...
  838. 53:10there was no chance of surgery then it was your death sentence.
  839. 53:15So now we have way more options and I think that's the same
  840. 53:20also in hearing research.
  841. 53:21I think I have the... maybe just my Instagram algorithm got fucked up with
  842. 53:27all the hearing stuff
  843. 53:31but I see, in general, I see much more hearing research
  844. 53:37and I think we are lucky to be in a generation where all this is
  845. 53:43accelerating and I just think Tinnitus Quest is just being a part of accelerating that.
  846. 53:51Yeah.
  847. 53:51So I actually like to play devil's advocate a bit because there's
  848. 53:55a question we very often get through email and social media.
  849. 54:01And that's, "well, why can't you just help like those solutions that
  850. 54:06have already been developed?"
  851. 54:07So for instance, a lot of people ask, "why can't you help Susan
  852. 54:10Shore get her treatment to market?"
  853. 54:13Thanos Tzounopoulos, those two, by the way, are on our scientific advisory board,
  854. 54:17and we know these people very well.
  855. 54:19Hamid Djalilian is on our executive board and he's working on an electrical
  856. 54:23stimulation device for the inner ear.
  857. 54:25Why can't we just help them get these?
  858. 54:26Why are we soliciting new ideas?
  859. 54:28Why can't we just help people get these solutions to market?
  860. 54:34I can answer that.
  861. 54:35It's pretty easy.
  862. 54:39So, first of all,
  863. 54:42between those three and the status of their development is a difference.
  864. 54:52Hamid's work is still ongoing and I think Hamid is a very good
  865. 54:59example because he collected
  866. 55:04A good amount of private money to actually start this project.
  867. 55:10So he did that before Tinnitus Quest existed.
  868. 55:14And I think he has done a great job on that.
  869. 55:20So, in the end, that's an ongoing project where Tinnitus Quest didn't even
  870. 55:25exist. With Susan Shore,
  871. 55:31I think it's a different situation.
  872. 55:35At the moment they try to commercialize the product.
  873. 55:40I think it's
  874. 55:44something that has a valid perspective.
  875. 55:48But,
  876. 55:51to bring it to market, we are at the same point you just described.
  877. 55:55Yeah.
  878. 55:55We are at the point where we now need investors or a
  879. 55:59company to take a huge risk.
  880. 56:03Huge risk, but a risk, to commercialize a product like that.
  881. 56:08And now what is the reality on that market, even though those two
  882. 56:13systems have nothing in common.
  883. 56:16We saw Lenire pushing to market at hyper speed, in terms of
  884. 56:23development in tinnitus and medical devices, with hyper speed.
  885. 56:27And I don't think that the story turned out to be
  886. 56:35so successful as it sometimes appears.
  887. 56:40So people who are really into the topic see that.
  888. 56:44So they will ask
  889. 56:46the studies that are needed to bring a Susan Shore device to market be much
  890. 56:55more intense, much more detailed.
  891. 56:59And then we come to the point that I turned at the beginning, which is
  892. 57:03where is the objective measurement?
  893. 57:06Yeah?
  894. 57:06So, okay,
  895. 57:07loudness measurement.
  896. 57:08We already know that the FDA does not accept loudness reduction as one
  897. 57:14of their key performance indicators.
  898. 57:18They will still go back on the tinnitus questionnaire.
  899. 57:25This is where things get a little complicated and it's...
  900. 57:30there is no easy answer to that.
  901. 57:32But just to give you a perspective on why we are not getting into that?
  902. 57:38Because that's not our mission.
  903. 57:40That has nothing to do with our mission.
  904. 57:42Those things exist.
  905. 57:45They, or at least they're close to being realized from a scientific
  906. 57:51perspective, Tinnitus Quest is not a venture capitalist investing into new
  907. 57:58medical devices or new pharmacological approaches or whatever.
  908. 58:05This is part of the market and we can't change the market.
  909. 58:09We can only influence
  910. 58:14the beginning of those projects.
  911. 58:17And this is what we are doing at the moment.
  912. 58:18Yeah, a hundred percent.
  913. 58:19Yeah.
  914. 58:20I think all three of those are perfect examples of... they're exactly
  915. 58:24at... they're at different stages, but they're all at the stage where they
  916. 58:26need major commercial investment.
  917. 58:29And yes, it's frustrating to see that in some cases not happening or being slow.
  918. 58:35But yeah, I don't see how we... I think we need to be laser focused on our
  919. 58:39role of being like this incubator of new ideas and new solutions.
  920. 58:44Because even if all those three make it to market, it might still not work for
  921. 58:47everyone, or some of them will fail.
  922. 58:49Some of them will work for some people but not for others, et cetera.
  923. 58:54I could be, or I hope I'm wrong.
  924. 58:55Maybe one of them is like the perfect silver bullet.
  925. 58:57But I think we need to stay focused on our mission of getting new
  926. 59:01ideas to be born and new solutions.
  927. 59:05We touched on funding.
  928. 59:06Can you guys explain a little bit more about our venture capital
  929. 59:10approach to funding research?
  930. 59:14What the approach is in general, or...? It's a high risk bet.
  931. 59:19Yeah.
  932. 59:20That it is.
  933. 59:21A venture capitalist is a, mostly an investor, or can be a fund.
  934. 59:29So just a conglomerate of different investors.
  935. 59:33And basically what they do is they try to invest at, well, they invest at different
  936. 59:40early stages. But at an early stage, find an idea that is maybe so crazy
  937. 59:49that nobody else believes it works and give money to those projects.
  938. 59:55And I'm not sure what the official failure rate is, but I would say
  939. 1:00:02if those investors have a one out of 500 rate, then it's amazing.
  940. 1:00:10That is my gut feeling.
  941. 1:00:12I don't know what the official rates would be in venture capital
  942. 1:00:17of all the things they invest and develop.
  943. 1:00:21That's not just medical devices or pharmacology, it can be whatever it
  944. 1:00:26is, whatever product is developing or service, could be also service.
  945. 1:00:33But yeah, so just out of my personal experience as an entrepreneur, I have
  946. 1:00:40to look at least 200 projects to do one.
  947. 1:00:46And that's not the venture capitalist, that's...
  948. 1:00:48Right.
  949. 1:00:49So actually us selecting one project out of 29 applications during our
  950. 1:00:54first grant cycle last year, that's... we were being really strict,
  951. 1:01:00but actually maybe we were lucky
  952. 1:01:03there was even one, like, I think, viable idea there.
  953. 1:01:08I think we were, yeah.
  954. 1:01:09In the end, at some point during the process, I was
  955. 1:01:12really worried that we... me too.
  956. 1:01:14Not that I was worried that we didn't find something,
  957. 1:01:19I was worried how it would affect our
  958. 1:01:26picture of Tinnitus Quest in the whole community because... but in the
  959. 1:01:30end, I was happy that we were so strict.
  960. 1:01:33Yeah, me too.
  961. 1:01:33Yeah.
  962. 1:01:34And, I think, I never thought that the idea of creating pitches would
  963. 1:01:41turn out to be, in the end, so efficient.
  964. 1:01:44Yeah.
  965. 1:01:44Because that was... I was a bit worried how that would turn out.
  966. 1:01:49But a lot of the pitches were so interesting because on the one
  967. 1:01:55side you saw what was the application and then you went into the pitch
  968. 1:02:01and it was a whole different story.
  969. 1:02:02Yeah.
  970. 1:02:03A whole different story.
  971. 1:02:04Yeah.
  972. 1:02:06And I think that was making the process very strong.
  973. 1:02:11Yeah.
  974. 1:02:11I think if, in general, research applications would be less writing and
  975. 1:02:17more pitching, I think a lot of things would be... and that's again, where we
  976. 1:02:22took a kind of a business approach and it actually saved everyone a ton of time.
  977. 1:02:26Yeah.
  978. 1:02:26Because they didn't have to fill in long forms and stuff.
  979. 1:02:29But yeah, just for the audience to understand the process, like, we opened
  980. 1:02:33up for new grant applications and we did a lot of outreach in the research
  981. 1:02:38community to get as many as possible.
  982. 1:02:40We got 29 ideas that were submitted.
  983. 1:02:44That was a good number for the first time.
  984. 1:02:47But yeah, then we had to discard a lot of them
  985. 1:02:49'cause they were either, a lot of them were kind of like rehashing
  986. 1:02:55stuff that had already been tried or maybe they just really didn't convince
  987. 1:03:00us that this could somehow work,
  988. 1:03:02Right?
  989. 1:03:02There has to be some underlying
  990. 1:03:04hypothesis that's grounded in basic science where you
  991. 1:03:07say, yeah, that could work.
  992. 1:03:09So we had to discard a lot of them.
  993. 1:03:11But we invited six to pitch in a video meeting, like, "okay, sell us
  994. 1:03:16on your idea and we're gonna ask you tons of critical questions."
  995. 1:03:19And yeah, there were a few that looked really good on paper and
  996. 1:03:22then we needed to talk to them.
  997. 1:03:23Like they couldn't answer the most basic questions on, like,
  998. 1:03:25why this would work, or whatever.
  999. 1:03:27I'm like, "yeah, no, I don't think we wanna fund you."
  1000. 1:03:30And there was a moment there where we were all a bit worried that
  1001. 1:03:34none of the ideas were good enough.
  1002. 1:03:36And then I felt very strongly we should only fund
  1003. 1:03:42something if we feel very good about it.
  1004. 1:03:44But there was a legitimate concern.
  1005. 1:03:46How would it look to the community that we have to announce that
  1006. 1:03:50we're not funding anything?
  1007. 1:03:51I mean, that looks so bad, like people are gonna lose hope and stuff.
  1008. 1:03:54So for a moment there, it seemed like we were in a real dilemma.
  1009. 1:03:57But then luckily, like one of the pitches like really stood out.
  1010. 1:04:01And then we had actually a follow up
  1011. 1:04:04call with the researcher and one of the advisors to that project
  1012. 1:04:10as well to really dig in deeper and make sure we were making the right decision.
  1013. 1:04:14And that was the Oxford project that we ended up awarding.
  1014. 1:04:17And if you remember that, just from a venture capitalist view, this
  1015. 1:04:25project stood out because, not because they had an answer to any of the critical
  1016. 1:04:31questions, but they took those questions and implemented them into the project.
  1017. 1:04:41That was the interesting thing about that, you know? Where the approach was very interesting.
  1018. 1:04:47Of course, it was something that stood out.
  1019. 1:04:51But, actually they
  1020. 1:04:55took, as you would do in a pitch
  1021. 1:04:58if you're smart, then you listen to what kind of questions you're getting, and
  1022. 1:05:03you're getting a feeling of what could be important and try to implement that
  1023. 1:05:08into your project and follow up on them.
  1024. 1:05:11So that was, in the end, I think very smart thing.
  1025. 1:05:15True.
  1026. 1:05:16There was a real receptiveness to, "we wanna work with you and
  1027. 1:05:20improve this idea together."
  1028. 1:05:22And yeah, that was, that really stood out as well.
  1029. 1:05:25Did we learn anything from that grant cycle that we can apply to the next one
  1030. 1:05:30and how is the next one formulated and when are we gonna start looking at that?
  1031. 1:05:33Yeah.
  1032. 1:05:33We've already made some decisions on how the next one
  1033. 1:05:38is gonna be slightly improved.
  1034. 1:05:42We're gonna, well, first of all, we're gonna offer a wider range
  1035. 1:05:47in terms of grant sizes. Last year we had a $100,000 grant and a $200,000.
  1036. 1:05:53We need a lot more flexibility there,
  1037. 1:05:55we realized. We're hoping to also attract proposals for smaller amounts because
  1038. 1:06:00there are certain things that you can try out that actually can be very cheap.
  1039. 1:06:04For instance, you can do a drug repurposing study, meaning
  1040. 1:06:08you use an existing drug that's already on the market.
  1041. 1:06:11Maybe it's off-patent, so it's very cheap.
  1042. 1:06:14It's used for a different indication, but there's some evidence that it could
  1043. 1:06:17work for tinnitus... or a combination,
  1044. 1:06:20could be also combination of drugs.
  1045. 1:06:21So there's just, that's an example, but there's certain things that you
  1046. 1:06:25can try out really kind of on the cheap.
  1047. 1:06:27So we're hoping to get some good proposals in that category as well.
  1048. 1:06:32We do wanna probably stimulate more pharmacological proposals
  1049. 1:06:38where we did have, I think we need all, but last year it was mostly
  1050. 1:06:42devices and a brain stimulation.
  1051. 1:06:46Yeah, it would be good to get more variety even.
  1052. 1:06:48It would be good to get even more.
  1053. 1:06:50We did get a couple of proposals from
  1054. 1:06:52people from other fields and actually the project that ended up winning the
  1055. 1:06:57principal investigator is a Parkinson's researcher, so that's really great.
  1056. 1:07:01The vast majority were names, like, they were like the usual suspects.
  1057. 1:07:05Nothing against the usual suspects.
  1058. 1:07:07They can all apply and come up with great ideas, but get even more
  1059. 1:07:11people from other fields in there.
  1060. 1:07:12Get more young researchers.
  1061. 1:07:14We're gonna spend more time educating the researchers on what we want
  1062. 1:07:17'cause I think that a lot of them were still playing it safe last
  1063. 1:07:20year 'cause they didn't fully understand and buy into our mission.
  1064. 1:07:24So yeah, those are all things we plan to do differently this year.
  1065. 1:07:27And we're gonna launch it quite soon.
  1066. 1:07:28I'm aiming for April.
  1067. 1:07:30If we can make it happen, it might get pushed to May or so, but before
  1068. 1:07:33the summer, so that earlier in the year so that we can get more projects
  1069. 1:07:37going sooner rather than later.
  1070. 1:07:40I think this brings us to the hackathon In Wiesbaden, because when I was there
  1071. 1:07:47I was watching the room, I was filming, and I was watching the room, and I
  1072. 1:07:50felt like this was real sort of progress.
  1073. 1:07:56And for me, one of the main reasons why is because we were bringing people
  1074. 1:08:01from, sort of, outside the field slightly, with Peter, and combining them with people
  1075. 1:08:09who are pillars in the community.
  1076. 1:08:11And I felt that that combination of new ideas coming together with the more,
  1077. 1:08:18sort of, established ideas, that's where the sparks started to fly for me.
  1078. 1:08:22So I wanna ask you, what were your impressions of Wiesbaden and what
  1079. 1:08:27did you come away thinking about?
  1080. 1:08:29Yeah, I had a blast in Wiesbaden, and it was one day.
  1081. 1:08:35It could have been... we should have done three days, but it was our first
  1082. 1:08:39time organizing something like this
  1083. 1:08:41and obviously a lot of effort just goes into the practical organization of it.
  1084. 1:08:46But when we got into the actual discussion,
  1085. 1:08:50it was a group of like 23 people,
  1086. 1:08:52we had some of the key tinnitus researchers there, but like you said,
  1087. 1:08:55also researchers from other fields.
  1088. 1:08:57We had some of the key research funders there and patient organizations
  1089. 1:09:02and everyone said at the end and when we were having dinner and stuff,
  1090. 1:09:07they all said, "I've never quite been to a research meeting like this."
  1091. 1:09:13'Cause usually there isn't room for open discussion, debate, healthy disagreement.
  1092. 1:09:17There were certainly disagreement, but it's really important
  1093. 1:09:20to bring that to the front, like,
  1094. 1:09:23okay, but what are actually the things that we disagree about?
  1095. 1:09:26There was a very interesting moment for me where we did a quick poll in the room:
  1096. 1:09:32How many people believe that there's one central mechanism for tinnitus?
  1097. 1:09:37Meaning if you can treat, intervene, in that mechanism,
  1098. 1:09:42you could solve tinnitus for everyone regardless of what has
  1099. 1:09:45caused it? Versus how many people believe that there are meaningfully
  1100. 1:09:49different subtypes of tinnitus that need to be treated differently?
  1101. 1:09:52And the room was split pretty much 50/50.
  1102. 1:09:55And so those are things you don't get in a traditional academic conference.
  1103. 1:10:01I go to many of them.
  1104. 1:10:02It's important for us to network there and tell
  1105. 1:10:06researchers about the work we do.
  1106. 1:10:08But I've kind of stopped going to the actual conference sessions
  1107. 1:10:15because, A: I never learn anything new.
  1108. 1:10:18B: I don't learn anything that I couldn't read in that paper
  1109. 1:10:21that they're presenting, because that's usually what they're doing,
  1110. 1:10:24they're presenting a result of a study in the paper. You can
  1111. 1:10:27read the paper to get the same.
  1112. 1:10:30It's, to me, it's not really achieving anything new.
  1113. 1:10:33So that's why I loved the hackathon.
  1114. 1:10:35For me, it was great.
  1115. 1:10:36That was exactly the moment also that stood out for me.
  1116. 1:10:40Was this, I don't think it was even a poll.
  1117. 1:10:43I think, I can't remember correctly, but I think I asked the
  1118. 1:10:46questions into the room.
  1119. 1:10:48Because it was, there was something that interested... It was an informal poll.
  1120. 1:10:52Yeah, it was.
  1121. 1:10:53Yeah, it was.
  1122. 1:10:55But I think what stood out was that I actually saw different groups and even
  1123. 1:11:03one-on-ones in between, after, at dinner, whatever, wherever we were going
  1124. 1:11:11and doing, that they started discussing
  1125. 1:11:17ideas.
  1126. 1:11:18They started discussing their views, even shortly before one of the researchers
  1127. 1:11:24that is from France just actually had to leave early and catch a taxi.
  1128. 1:11:31I think even the five minutes before he had to go, he was having
  1129. 1:11:34a quite intense, almost argument about that question, actually.
  1130. 1:11:42Yes.
  1131. 1:11:42And I think this was, of course, a start.
  1132. 1:11:48This was, we were only able to organize that to a certain level.
  1133. 1:11:56This was the first time we did it, and, of course, this was maybe not
  1134. 1:12:03ultra-professional in every single step of it,
  1135. 1:12:06but I think everybody, and that was the big feedback,
  1136. 1:12:10we didn't get one bad feedback, and everybody said, "we'll come again."
  1137. 1:12:15So I think this is the most important thing.
  1138. 1:12:18And I think this, no organization in the whole field
  1139. 1:12:21has achieved that to that moment.
  1140. 1:12:24And this brought us to how do we organize the next hackathon, or how
  1141. 1:12:30do we want these hackathons to happen?
  1142. 1:12:33So, in the end, we ended up with the idea that we want to switch locations
  1143. 1:12:38to have it in the US one year and in Europe, swapping that around
  1144. 1:12:46to offer more access to the hackathon.
  1145. 1:12:52But we still want it to be a relatively
  1146. 1:12:57private event in relation to the big conferences.
  1147. 1:13:05We want more people from out of the field to be invited to just get more input.
  1148. 1:13:16And, yeah, I think we're on a very good path to organize the next hackathon.
  1149. 1:13:25I don't know, Hazel, what you can tell about that today, but,
  1150. 1:13:29or if it's still too early.
  1151. 1:13:32But one thing that stood out, I think, from the last hackathon that will be a
  1152. 1:13:36big topic in the next hackathon, and also influencing our grant cycle or the way
  1153. 1:13:42we do it, is that in the end I think we all came up with the solution that we
  1154. 1:13:50need to develop key research questions that
  1155. 1:13:56prevent us from making the next step.
  1156. 1:13:59And I think that is a very important thing to do.
  1157. 1:14:04And one of those questions will be, for example, "how can we measure tinnitus?"
  1158. 1:14:09It is one of the key research questions.
  1159. 1:14:12So for us, the big thing would be, in the future, to redesign our grants
  1160. 1:14:20more linked specifically to those questions, whatever the question will be.
  1161. 1:14:25Yeah.
  1162. 1:14:27Yeah.
  1163. 1:14:27And I think it's very important that we're trying to do this with other funders,
  1164. 1:14:33most prominently the Rainwater Charitable Foundation, whom
  1165. 1:14:37a lot of people don't know.
  1166. 1:14:39And we recently did a survey amongst our community.
  1167. 1:14:42No one knows them, but they've very quietly become one
  1168. 1:14:45of the main research funders.
  1169. 1:14:47And so it's important we align
  1170. 1:14:50where we can with other funders.
  1171. 1:14:53Because, for instance, the objective measure thing might not be something
  1172. 1:14:56necessarily that we fund, but someone else could fund that bit while
  1173. 1:15:00we continue to fund the testing of new experimental treatments,
  1174. 1:15:06right?
  1175. 1:15:07But it's a very important piece that needs to get funded, and so the more we
  1176. 1:15:11can align the major funders to tackle all these research questions, the better.
  1177. 1:15:16So yeah, I'm looking forward to the next one.
  1178. 1:15:19I'm trying to find a free venue, so if anyone knows a free venue on the
  1179. 1:15:23US East Coast, let me know, but yeah.
  1180. 1:15:26But Boston and New York preferred.
  1181. 1:15:28Yeah, exactly.
  1182. 1:15:30Yeah.
  1183. 1:15:30I think it's going to be wonderful when we finish editing and share
  1184. 1:15:36this content that we've got.
  1185. 1:15:38I think it's gonna be fantastic for people to get an insight, because
  1186. 1:15:43I think for many people it might be the first real insight they get
  1187. 1:15:47to the world of tinnitus research.
  1188. 1:15:50And I think that the more we show them, the more involved they get,
  1189. 1:15:53the more agency they have and feel more involved with the whole thing.
  1190. 1:15:57So for me, it was an amazing experience to be in the room with people I've
  1191. 1:16:02been reading about for a long time.
  1192. 1:16:04But I also came away with the feeling that we gotta work, we gotta work.
  1193. 1:16:08There's a lot, there's a lot, there's a lot of work, there's a lot we need to do.
  1194. 1:16:11So we're really focused on transparency.
  1195. 1:16:14Can you walk through some of the actions we've taken to be as
  1196. 1:16:18transparent as we possibly can be?
  1197. 1:16:21Yeah.
  1198. 1:16:22So we've thought a lot about
  1199. 1:16:28how we allocate funding.
  1200. 1:16:29I think that is probably the key thing that people think about when
  1201. 1:16:32they think about transparency.
  1202. 1:16:34I mean, there's how decisions are made,
  1203. 1:16:36I think we've been very transparent about how our whole grant processes work.
  1204. 1:16:40So giving you, like, a behind the scenes look at how decisions are made.
  1205. 1:16:45But I think funding is probably top of the list when people think about transparency.
  1206. 1:16:50And so I think when we started Tinnitus Quest, we were maybe a little bit
  1207. 1:16:54naive in thinking we were just gonna raise money and put it all into
  1208. 1:16:58research, which is great in theory.
  1209. 1:17:00It doesn't work like that when you want to run a professional organization,
  1210. 1:17:04right?
  1211. 1:17:04And so one thing we soon realized is that, of course an organization has all
  1212. 1:17:12kinds of running costs, but also you need to spend money to fundraise, right?
  1213. 1:17:19That's the tricky thing.
  1214. 1:17:20So we've put a lot of effort into our social media, so you have the
  1215. 1:17:24production costs of all of that.
  1216. 1:17:27Even if you're running mostly on volunteer time, there's production costs.
  1217. 1:17:31And the reality is you have to put money into social media ads to
  1218. 1:17:35get that social media engine started.
  1219. 1:17:39And even when you already have a significant amount of followers,
  1220. 1:17:42you need to keep up, keep putting ad money in from time to time.
  1221. 1:17:47That's just the reality of how that system works, right?
  1222. 1:17:51So it's not realistic to think we can put everything into research.
  1223. 1:17:55What we wanna do is be very transparent about our funding
  1224. 1:17:58streams and where the money goes.
  1225. 1:18:00We're gonna release soon an annual report, our first annual report
  1226. 1:18:04covering 2025, and maybe also that bit of 2024 when we just got started.
  1227. 1:18:10So our first roughly 18 months, let's say, and what we've also now decided,
  1228. 1:18:17which I think is very important, is we have different funding streams, right?
  1229. 1:18:22We have money coming in from the website.
  1230. 1:18:24People donate money on the website.
  1231. 1:18:26It's typically, it's 20 euros or dollars 50, a hundred, it's amounts like that.
  1232. 1:18:32Those amounts really add up.
  1233. 1:18:34I think in our first 18 months the total of all of that added
  1234. 1:18:39up to about a hundred thousand dollars.
  1235. 1:18:41So that could be a complete research grant by itself.
  1236. 1:18:46And so we decided all that money donated through the website should go fully to
  1237. 1:18:50research because people want to know when they make a donation on the website
  1238. 1:18:56and putting their hard earned money to an organization that they know
  1239. 1:19:01us a little bit, maybe they trust us, maybe they're on the fence, whatever.
  1240. 1:19:06It feels good to know that money is going a hundred percent to research.
  1241. 1:19:09So we have our research fund, all the donations from the website flow into the
  1242. 1:19:14research fund, and then we raise funding from high net worth people, basically.
  1243. 1:19:19And that's a lot of what I'm doing is having discussions with high net worth
  1244. 1:19:24people and trying to get them to donate.
  1245. 1:19:28And those donations are earmarked.
  1246. 1:19:31So I'll give you an example.
  1247. 1:19:34Last year, I lost my job at a big corporate, where I was collateral damage
  1248. 1:19:42'cause they, a lot of companies are downsizing these days.
  1249. 1:19:46And I realized I would like to work full-time for Tinnitus Quest.
  1250. 1:19:50I went out and fundraised my own salary.
  1251. 1:19:53So I went specifically to several donors and said, "look, I'm asking you to fund
  1252. 1:20:00my work and value the contribution that I'm bringing to this field and this
  1253. 1:20:06organization." So they know exactly where that money is going and they're funding
  1254. 1:20:13the impact that they think I can have on the field and the value that I can bring,
  1255. 1:20:18right?
  1256. 1:20:18And other donors might say, "no, I want that money to go fully into research."
  1257. 1:20:22And then it goes fully into research.
  1258. 1:20:24So in the end, it's about being very transparent and open
  1259. 1:20:27about where the money goes.
  1260. 1:20:31But being also very realistic that it takes money to run an organization,
  1261. 1:20:36and that's the reality of it. It's not realistic to think that you can
  1262. 1:20:41just run a very, what I think, is a very professional organization and
  1263. 1:20:46has become in a very short time,
  1264. 1:20:49you can't just do that on a shoestring, I don't think.
  1265. 1:20:52Yeah.
  1266. 1:20:53Yeah,
  1267. 1:20:53I think that setup really is essential.
  1268. 1:20:57It's essential that it's transparently communicated, but also, like you
  1269. 1:21:01say, if we want a professional setup representing the tinnitus community, I
  1270. 1:21:06feel like it has to be that way.
  1271. 1:21:08Yeah.
  1272. 1:21:09It was a perfect answer, Hazel.
  1273. 1:21:12I actually have nothing to add to that.
  1274. 1:21:14Only,
  1275. 1:21:17only saying that, there is no
  1276. 1:21:20development without initial investment.
  1277. 1:21:23That is just, it doesn't exist.
  1278. 1:21:26And, I think, as Hazel described it, the first 18 months were
  1279. 1:21:30crucial to that Tinnitus (Quest) is considered a success or a failure.
  1280. 1:21:40That was the first 18 months.
  1281. 1:21:43And I think we've come to the point where we can say, "okay, this first
  1282. 1:21:47success was that we established Tinnitus Quest as one of the strong
  1283. 1:21:53voices for tinnitus in the world."
  1284. 1:21:57And now, of course, we start like, it's like developing or starting a company.
  1285. 1:22:04It's the same thing.
  1286. 1:22:05There's not a lot of differences to it.
  1287. 1:22:11In the beginning, what you try to do is you do the work of 10 with two.
  1288. 1:22:16This is what you do in the beginning because you have no
  1289. 1:22:19funds, you have no money to do that.
  1290. 1:22:21And then you're getting success part by part and you have to be very
  1291. 1:22:26careful on how you spend your money on what and, you know how to progress.
  1292. 1:22:31And then you come to the point where you have established your,
  1293. 1:22:38let's say, your home ground.
  1294. 1:22:40And now the question is, what are we doing next?
  1295. 1:22:43And especially, this will influence us, I think, a lot over the next
  1296. 1:22:4924 to 36 months is, we haven't been, at the moment, very active in Asia because
  1297. 1:22:57we just didn't have the people to do it.
  1298. 1:23:00So we haven't been super active in South America and so on, so forth.
  1299. 1:23:05So all those questions will arise and we will try to find a solution for that
  1300. 1:23:13step by step without ever forgetting that what we are there for is to collect money for
  1301. 1:23:20research and actually get into that.
  1302. 1:23:23But that needs a foundation.
  1303. 1:23:26Yeah.
  1304. 1:23:26I think it's, yeah,
  1305. 1:23:28you have to invest.
  1306. 1:23:29It is just like a, like you said, it's like a startup company.
  1307. 1:23:32It's the same.
  1308. 1:23:32You have to invest in the beginning to get things started.
  1309. 1:23:36It's not... people are not gonna donate to an organization they don't know, right?
  1310. 1:23:40So you have to first establish yourself as a trusted brand
  1311. 1:23:43before you can get the donations.
  1312. 1:23:45And I think we're now reaching the point where it's becoming easier.
  1313. 1:23:49In my fundraising conversations I'm definitely noticing that it is becoming
  1314. 1:23:54easier, but fundraising is never easy, and fundraising for a cause like
  1315. 1:23:59tinnitus is always gonna be challenging.
  1316. 1:24:03And I think the key factor for our success in the coming years is going
  1317. 1:24:07to be how much money can we raise?
  1318. 1:24:09And that's the reality of it.
  1319. 1:24:11And I would like to get us within the next
  1320. 1:24:14two, three years, to a situation where we're raising a million per year.
  1321. 1:24:17I think that is a level where we can comfortably cover our costs and
  1322. 1:24:25put in a lot of money to research and have a real impact in the way
  1323. 1:24:30that we want to have an impact.
  1324. 1:24:32And for me, that's like the key performance indicator for the next
  1325. 1:24:35two, three years, is, can we get the fundraising to that level?
  1326. 1:24:40And the honest answer is, I don't know yet, but I'm gonna put in
  1327. 1:24:43everything I can, and that's what I'm literally doing every day.
  1328. 1:24:48I just wanna make a final comment from my point of view.
  1329. 1:24:51I think for me, when I hear these conversations that we're having, a
  1330. 1:24:55lot of it comes back to what I feel is the central tenant, certainly is
  1331. 1:25:01for my work. And that is engagement, and motivation, and enthusiasm, and
  1332. 1:25:08energy from the tinnitus community.
  1333. 1:25:11I said it right from the start.
  1334. 1:25:12I think the first podcast that we did, I said that if 1% of the community
  1335. 1:25:16that has severe tinnitus, not the total, but the severe community, was
  1336. 1:25:20to donate the price of one coffee, we could already start to raise 12 million.
  1337. 1:25:25So I think it comes back to the tinnitus community themselves.
  1338. 1:25:29And I would like to suggest these things to anyone listening.
  1339. 1:25:34And if you've listened this far to us three babbling on for an hour and a
  1340. 1:25:37half, then I would think that tinnitus is probably a problem in your life.
  1341. 1:25:41So if that's the case, what I would really like you to embrace is
  1342. 1:25:46number one, it's starts with you.
  1343. 1:25:49Make your voice count.
  1344. 1:25:52Register with your tinnitus association.
  1345. 1:25:54If you don't have one, start one. All you need is a Facebook page.
  1346. 1:25:56Start one.
  1347. 1:25:58Engage or register with us.
  1348. 1:26:00Number two, understand what we're saying is that donations are the key.
  1349. 1:26:06So if you can afford $5, $10, whatever you can afford.
  1350. 1:26:09But whether we like it or not, if donations don't come, there's no research.
  1351. 1:26:14And if there's no research, there's no progress.
  1352. 1:26:17We're gonna be here for another 20, 30 years.
  1353. 1:26:19It comes down to donations.
  1354. 1:26:22I'd also like to encourage people to share your story.
  1355. 1:26:25Your story counts as much as anyone.
  1356. 1:26:28You might say, "I'm not gonna reach anyone, who's gonna be interested in my story?"
  1357. 1:26:32It's stories that people are interested in.
  1358. 1:26:36We've got to put a face on tinnitus.
  1359. 1:26:38And number four, if Tinnitus Quest is something that you believe in,
  1360. 1:26:44then stand up for what you believe.
  1361. 1:26:46Help us.
  1362. 1:26:47When you go on our social media and you see comments that we get
  1363. 1:26:50all the time, "we're a scam."
  1364. 1:26:52"We're this and we're that."
  1365. 1:26:53"This is just... there's no cure,
  1366. 1:26:55there's never gonna be a cure."
  1367. 1:26:56If you see those comments, don't just scroll past them.
  1368. 1:27:00If Tinnitus Quest is something that you resonate with and you believe and trust
  1369. 1:27:06then don't just scroll past those comments.
  1370. 1:27:08Reply, stand up for what you believe in, because it's about community.
  1371. 1:27:14We keep saying tinnitus community, and that's what it's about.
  1372. 1:27:19Because if we get more people, I don't think there's... I think there's
  1373. 1:27:22no stopping us if we get the numbers.
  1374. 1:27:26People might not realize how much they can actually help with simple, small
  1375. 1:27:30actions like what you mentioned, like responding to comments from other
  1376. 1:27:33people on our social media content.
  1377. 1:27:36That's such a simple way to help out that would literally cost you
  1378. 1:27:40a few minutes per week or whatever.
  1379. 1:27:43And that honestly really helps out
  1380. 1:27:45'cause even just responding to all the social media comments we get,
  1381. 1:27:50if we all have to do it ourselves, just takes time away from other tasks
  1382. 1:27:53like fundraising or running our grants program or whatever it is.
  1383. 1:28:00So yeah, even with small things you can really help out if you
  1384. 1:28:03can't afford to donate, there's lots of other things you can do.
  1385. 1:28:06And like you said, sharing your story if you want, if you feel
  1386. 1:28:09comfortable with that, we understand it's not everyone's thing, right?
  1387. 1:28:12But it can really, really help.
  1388. 1:28:15And if you want to be a volunteer, reach out to [email protected] and we'll have a
  1389. 1:28:21conversation and see how you can help out.

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