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SaaS Interviews with CEOs, Startups, Founders

915 He Hunts Down University IP and Figures Out How to Commercialize at Scale

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 25 January 2018

⏱️ 16 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

This is the top entrepreneurs podcast where founders share how they started their companies and got

0:06.9

filthy rich or crash and burn. Each episode features revenue numbers, customer counts, and other

0:16.1

insider information that creates business news headlines. We went from a couple hundred thousand dollars to 2.7 million.

0:23.6

I had no money when I started the company.

0:25.6

It was $160 million, which is the size of any IPOs.

0:29.6

We're a bit strapped.

0:30.6

We have like 22,000 customers.

0:33.6

With over 5 million downloads in a very short amount of time, major outlets like Inc are calling us the fastest growing business show on iTunes.

0:43.6

I'm your host, Nathan Latka, and here's today's episode.

0:48.6

Hello, everyone, our guest today is Cliff Gross.

0:51.7

He serves as the CEO of Tech Capital.

0:54.0

He's passionate about the development

0:55.2

and commercialization of University IP to improve the quality of life and create lasting value.

0:59.9

Previously, he founded Biomechanics Corp and Utec, where he served as CEO and chairman

1:04.4

and was president and CEO of Inova Corp, a provincial venture fund of Canada. Cliff, are you ready to take us to the top?

1:13.0

Absolutely, to the apex. Good, very good. All right, tell us what tech capital is and what's the

1:17.6

model. How do you guys generate returns for yourself? Tech Capital is a UK-based intellectual

1:22.8

property investment company. And we generate revenues by providing services to universities and companies

1:30.2

around the world, as well as acquiring and investing in what we believe are promising

1:35.5

university discoveries. And give me a real example of that. Tell me about the last deal you did.

1:40.5

We have multiple portfolio companies, but one of the technologies that we've invested in was actually in the category of medical devices.

1:50.6

And we set up a portfolio company called Belisgura, and we acquired a range of medical devices from a leading medical device company.

...

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