Connect with us

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…

Published

on

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.

TechCrunch Live records weekly on Wednesdays at 11:30 a.m. PDT/2:30 p.m. EDT. Join us!

Continue Reading
Advertisement
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

Leave a Reply

Your email address will not be published. Required fields are marked *

People & Blogs

Want to make a difference? Try this #TEDTalks

How do you find common ground when people disagree? Opportunity builder Anuj Gupta and Visit Philadelphia CMO Neil Frauenglass discuss why democracy needs debate and why we all have more political power than we think. They explore whether society is divided or just disconnected, how local action makes a difference and what it takes to…

Published

on

How do you find common ground when people disagree? Opportunity builder Anuj Gupta and Visit Philadelphia CMO Neil Frauenglass discuss why democracy needs debate and why we all have more political power than we think. They explore whether society is divided or just disconnected, how local action makes a difference and what it takes to rebuild trust when we can’t even agree on truth itself.

Idea Knock Down features experts with different perspectives taking on big questions — one block at a time. Made possible with the support Visit Philadelphia.

Continue Reading

CNET

The Galaxy Z Flip 8 Has The Galaxy S26’s Horizontal Lock Feature

It’s like magic and now on Samsung’s newest foldable phones 🪄💕 #galaxyzflip8 #horizontallock #supersteady #stabilizer #samsunggalaxy

Published

on

It’s like magic and now on Samsung’s newest foldable phones 🪄💕 #galaxyzflip8 #horizontallock #supersteady #stabilizer #samsunggalaxy

Continue Reading

Science & Technology

How Nvidia Develops Partnership With Startups Like Yours

Partnerships don’t happen out of thin air. NVIDIA’s global head of VC partnerships is on this week’s episode of Build Mode to shed light on how a founder can get on NVIDIA’s radar.

Published

on

Partnerships don’t happen out of thin air. NVIDIA’s global head of VC partnerships is on this week’s episode of Build Mode to shed light on how a founder can get on NVIDIA’s radar.

Continue Reading

Trending