This Week in Startups Zymergen CEO Josh Hoffman on Biofacturing PLUS Founder U Startup Math | E1231
Jun 11, 2021
Josh Hoffman, CEO and co-founder of Zymergen, discusses the exciting world of biofacturing, highlighting how DNA sequencing and machine learning are transforming materials science. He delves into sustainable alternatives to traditional manufacturing processes, revealing the potential of microbial fermentation for creating eco-friendly materials. Hoffman also touches on the human capital necessary for this industry and the revolutionary impacts expected in agriculture and technology, hinting at a new industrial revolution driven by innovative solutions.
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Startup Math
- Know your key metrics, including revenue, payroll, and burn rate.
- Practice back-of-the-envelope math to impress investors and manage your runway.
Delegate and Hire
- Calculate the all-in cost of your time and delegate tasks strategically.
- Hire young, motivated people who can learn quickly and free up senior employees.
Biofacturing Intro
- Zymergen uses biofacturing to create better, sustainable products.
- Their process leverages microbes to convert carbon sources into useful materials.