Delian Asparouhov - The Man Speed-Running the New Space Race | #20
Oct 4, 2023
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Delian Asparouhov, world's first drug and space arms dealer, partner at Founders Fund, talks about building the world of atoms, investing in reality, applied mathematics, how a cold email changed his path, economics of space manufacturing, challenges of drug formulation in microgravity, investing in software and hardware, exploring Miami as the next tech hub, and the importance of partnering with capital and attracting talent.
Varda Inc. is now focusing on developing hypersonic reentry capsules for defense purposes, partnering with organizations like the Air Force and Navy.
Varda leverages its expertise in microgravity to help pharmaceutical companies enhance drug solubility, stability, and delivery capabilities.
Varda distinguishes itself by combining software and hardware to solve complex real-world challenges, aiming to build long-term, impactful companies.
Deep dives
Focus on Hypersonic Reentry Capsule for Defense
Varda Inc. has strategically shifted its focus towards the development of hypersonic reentry capsules for defense purposes. The reentry capsules serve as a methadol for testing and advancing hypersonic technology, allowing for controlled analysis and experimentation. This new direction has positioned Varda as a significant player in the defense industry, partnering with organizations such as the Air Force, Navy, and NASA to support their hypersonic capabilities.
Microgravity-Based Drug Formulation for Pharmaceutical Companies
Varda's expertise in microgravity has been leveraged to assist mid-cap and large-cap pharmaceutical companies in solving drug formulation challenges. By utilizing microgravity environments, Varda helps pharmaceutical companies improve the crystalline structure and delivery capabilities of drugs, enhancing their solubility, stability, and efficacy. This partnership enables pharmaceutical companies to overcome critical obstacles in bringing new drugs to market, such as ensuring consistent and effective drug delivery to target cells and optimizing drug performance characteristics.
Combining Software and Hardware in Real-World Applications
Varda's approach to entrepreneurship and investing is grounded in the real world, utilizing a combination of software and hardware to tackle complex challenges. The focus on tangible, real-world applications sets Varda apart, with an emphasis on creating proprietary deal flow by incubating companies that leverage software and hardware in industries such as defense, pharmaceuticals, and beyond. By marrying software and hardware, Varda aims to build long-term, generational companies that can have a significant impact in the real world.
The Value of Being a Chief of Staff
The podcast episode discusses the experience of being a chief of staff and highlights the unique insights and exposure that the role provides. The speaker emphasizes that while the day-to-day tasks may not be strategically interesting, the opportunity to observe and learn from top executives and their decision-making processes is invaluable. They mention specific examples of sitting in on board meetings and witnessing how companies handle challenges, such as lawsuits, regulatory actions, and fundraising. The overall message is that being a chief of staff offers a level of exposure and experience that is unmatched by other roles or educational programs.
The Vision for Varda and Shifting Realities
The podcast episode delves into the history and development of the company Varda, discussing the founder's long-standing interest in space manufacturing and the changing landscape of the industry. The speaker shares their personal journey of considering various options within the space industry, including working at SpaceX and other early industrial space companies. They explain how advancements in technologies like reusable rockets led them to revisit their idea for Varda and explore the commercialization of space manufacturing. The speaker also discusses the importance of storytelling, understanding the dynamics of Silicon Valley, and the potential of Miami as a growing tech hub.
Delian Asparouhov is the world's first drug and space arms dealer. Immigrating from Bulgaria at the age of 3, he accelerated through Silicon Valley and is now a partner at Founders Fund and building space factories at Varda. We talk about building the world of atoms, investing in reality, applied mathematics, and how a cold email changed his path.
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