My first podcast is out today with
@markwbudde, CEO of
@plasmidsaurus.
Plasmidsaurus took whole-plasmid sequencing from $600 to $15 and turned a "boring" service company idea into a hugely successful company that now serves >70,000 scientists.
We talked about what it means to build a "boring" company, whether the Plasmidsaurus idea could apply to other technologies (like CRISPR screens), and why Plasmidsaurus isn't expanding into China. This podcast is made possible by
@AsteraInstitute.
00:00 – Enter Plasmidsaurus
01:21 – Reducing sequencing costs by 40x
04:17 – Scaling Oxford Nanopore technology
06:29 – Venture capital and building a "boring" company
13:03 – Plasmidsaurus vs. traditional CROs
22:25 – On selling customer data
30:10 – Building a moat
37:08 – 50-minute results
39:26 – Logistics and the UPS partnership
48:42 – The Chinese market
50:20 – Playbook for new biotech founders
52:31 – The future of biological reasoning and AI
You can find the podcast, THE NEW BIOLOGY, on YouTube, Spotify, and everywhere else.