In this episode we are joined by Szabi Nagy, CEO and Co-Founder of Turbine. He shares his first startup experience, and how the lessons he learned there helped shape his work at Turbine. He then goes on to introduce the company’s virtual lab platform, which allows researchers to simulate experiments with AI and accelerate drug discovery. Throughout the discussion, Szabi provides honest insights into fundraising in today’s tight capital markets and offers valuable advice for biotech founders on how to stay resilient while navigating uncertainty and building impactful companies.
Time Stamps
1:37 Introduction to Szabi’s journey from economics to healthcare
3:23 Szabi’s early startup experience at Tresorit
5:27 Key takeaways from his first venture
11:46 What led Szabi to pivot into healthcare and how he managed that transition
14:37 Introduction to Turbine
17:10 Example of running large-scale experiments in collaboration with Merck
19:17 Explanation of the main phases of application of the model
22:32 What fundamental tenets were used to build Turbine’s model
29:16 How to form successful partnerships
38:53 Szabi’s experience with raising funds in a tight capital market
40:00 Advice for founders navigating this challenging market
49:20 How to find the right mentor and form a meaningful connection
51:07 Final words of wisdom