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Why you must build a moat around early customers, according to Benchling’s CEO and co-founder

Benchling’s success didn’t come overnight. Some ten years after its founding, the company is worth more than $6 billion, and the founder sees the company going public in the future. The company’s future looks like its past: talking to customers and building for power users. Benchling’s CEO and co-founder, Sajith Wickramasekara, recently spoke at a…

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Benchling’s success didn’t come overnight. Some ten years after its founding, the company is worth more than $6 billion, and the founder sees the company going public in the future. The company’s future looks like its past: talking to customers and building for power users.

Benchling’s CEO and co-founder, Sajith Wickramasekara, recently spoke at a TechCrunch Live event along with one of its early investors, Miles Grimshaw, general partner at Benchmark. Together, the two explained Benchling’s early strategy that tapped a small entry market, which eventually led to widespread adoption.

As Wickramasekara explained, early funding was hard to secure. It was 2012, and Benchling sat alone between SaaS companies and biotech. “Every software investor thought what we were doing was small and unimportant,” Wickramasekara said, adding later, “and then we went to science investors, and every science investor understood the challenges of R&D, but they didn’t understand software; they invested in drugs.”

Read more here.

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1 Comment

1 Comment

  1. Иван Церабов

    August 24, 2022 at 8:00 pm

    ❤Only for fans over 18 year⤵️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine warmthhh.Online Brünette und eine andere Blondine. Es wäre unfair, wenng ich 4 wählen würde

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Science & Technology

Newchip’s bankruptcy is a cautionary tale for founders | Equity Podcast

This episode of Equity breaks down months-long reporting surrounding Newchip’s bankruptcy and its impact on founders, as well as the broader accelerator landscape as a whole. Equity is a show about the business of startups, where we unpack the numbers and nuance behind the headlines. New episodes drop at 7 a.m. PT every Monday, Wednesday…

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This episode of Equity breaks down months-long reporting surrounding Newchip’s bankruptcy and its impact on founders, as well as the broader accelerator landscape as a whole.

Equity is a show about the business of startups, where we unpack the numbers and nuance behind the headlines. New episodes drop at 7 a.m. PT every Monday, Wednesday and Friday. Subscribe wherever you get your podcasts.

For episode transcripts and more, head to Simplecast:

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CNET

Control Your iPad With Your Eyes

Coming soon: a handful of Apple accessibility updates for the iPhone, iPad, Vision Pro and CarPlay, making it easier to navigate devices, communicate with Siri and connect with loved ones. #accessibility #eyetracking #ui #ux #apple #ipad #tech #haptics Read more at CNET:

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Coming soon: a handful of Apple accessibility updates for the iPhone, iPad, Vision Pro and CarPlay, making it easier to navigate devices, communicate with Siri and connect with loved ones. #accessibility #eyetracking #ui #ux #apple #ipad #tech #haptics

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Science & Technology

AI was all over Google’s I/O conference | TechCrunch Minute

Google kicked off its annual Google I/O developer conference with a big helping of AI. They unveiled updates to their flagship AI model Gemini, splashy new generative AI features for search, Gmail, and Google Sheets , and previewed new capabilities for Google’s AI assistant on Android. Following OpenAI’s release of it’s GPT-4o model, te can’t…

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Google kicked off its annual Google I/O developer conference with a big helping of AI. They unveiled updates to their flagship AI model Gemini, splashy new generative AI features for search, Gmail, and Google Sheets , and previewed new capabilities for Google’s AI assistant on Android. Following OpenAI’s release of it’s GPT-4o model, te can’t help but notice the competition between the two companies is heating up.

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