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This Week in Startups

Building a blood-testing startup in 2023 with Vital CEO Vasu Nadella | E1801

This Week in Startups

Jason Calacanis

Technology

4.21.4K Ratings

🗓️ 4 September 2023

⏱️ 55 minutes

🧾️ Download transcript

Summary

This Week in Startups is brought to you by…

Lemon.io - Hire pre-vetted remote developers, get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at openphone.com/twist

LinkedIn Jobs. A business is only as strong as its people, and every hire matters. Go to LinkedIn.com/TWIST to post your first job for free. Terms and conditions apply.

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Today’s show:

Vital Biosciences CEO Vasu Nadella joins Jason to discuss exactly how Vital’s “VitalOne” conducts 50+ blood tests with a small sample of blood (9:16), building investor trust in the wake of past industry failures (18:45), creating accessible care (40:35), and much more!

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Time stamps:

(0:00) Vital Biosciences CEO and Co-Founder Vasu Nadella joins Jason

(1:18) Theranos’ background and what prompted Vasu to pursuit

(7:56) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist

(9:16) Vasu demos how the VitalOne works, lessons learned on Vital’s journey

(18:45) Scaling the company, raising a war chest, building trust in the product, benchmarking and governance for labs

(27:36) OpenPhone - Get 20% off your first six months at https://openphone.com/twist

(29:07) State of lab robotics, paths for incorporating AI into Vital’s technology, benefits of converging technologies

(39:16) LinkedIn Jobs - Post your first job for free at https://linkedin.com/twist

(40:35) Creating accessible modern lab testing

(45:38) Consumer behavior and the outcome of consumers controlling spend

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Check out Vital Bio: https://vitalbio.com

FOLLOW Vasu: https://twitter.com/vasunadella

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Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four

Apply for Funding: https://www.launch.co/apply

Buy ANGEL: https://www.angelthebook.com

Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt

Check out Jason’s suite of newsletters: https://substack.com/@calacanis

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LinkedIn: https://www.linkedin.com/in/jasoncalacanis

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Transcript

Click on a timestamp to play from that location

0:00.0

I think going back to the beginning of your conversation, it's like, where does this converge with some of this stuff that's coming out now?

0:05.6

Yeah.

0:06.1

And we get really excited about that, right?

0:07.7

If you have the ability to get diagnostics everywhere, what can you build, what do you enable, what can you build on top of that?

0:14.1

You know, if you've got the ability to interrogate your body, measure these things all the time more frequently,

0:20.8

and you can plug them into knowledge systems, that's a totally new way to think about, you know, care delivery that just could not have existed until both our hardware existed,

0:28.7

and some of this AI that you're talking about has existed, so you want to play in that world for sure.

0:33.6

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0:38.4

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0:42.0

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0:46.6

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0:52.0

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0:58.0

that works anywhere.

0:59.4

Get 20% off your first six months at openphone.com slash twist and LinkedIn jobs.

1:07.9

A business is only as strong as its people and every higher matters.

1:12.6

Post your first job for free at LinkedIn.com slash twist.

1:18.2

All right, listen, there are no words.

1:19.8

One of the biggest stories in the history of technology and startups.

1:24.0

We had John Kerry root on this very podcast right after we broke the story.

1:27.8

We were one of the first people to have them on because I knew it was a scam from day one.

1:32.1

I figured that out, and then we had them on after the book came out.

1:35.2

Those two episodes, some of the most popular and most watched episodes of this week in Startups.

...

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