Back to Reshma ShettyReshma ShettyReshma Shetty Speaks at Y Combinator's Female Founders Conference 2016
May 31, 2016
Key Takeaways
- Biology is a powerful manufacturing platform capable of self-replication and self-repair.
- Designing biological systems is anticipated to become a major focus in the 21st century.
- Ginkgo Bioworks focuses on engineering custom microorganisms for industrial use.
- Biological design can replace long-cycle plant extracts with quicker microbial processes.
- Co-founders of Ginkgo Bioworks combined computer science and biology for innovative applications.
- Early challenges in biotech included rudimentary tools and undefined product lines.
- Ginkgo identified a viable market in cultured ingredients, tapping a $3.5 billion opportunity.
- Initial ventures were bootstrapped through secondhand equipment and creative resourcefulness.
- Securing venture capital was delayed until market viability was demonstrated.
- The company’s mission centers on making biology easier to engineer, beyond specific products.
- Diversity in tech companies is crucial for innovative and competitive teams.
- Recognizing undervalued talent can offer an edge in competitive landscapes.
- Proactive diversity discussions at Ginkgo Bioworks aim to rectify representation imbalances.
- Engaging in early-stage diversity can impact company culture and business success.
- Financial sustainability and cultural inclusivity are dual objectives for emerging biotech firms.