- This event has passed.
August 23, 2022 @ 9:30 am - 10:30 am PDT
FreeHealth Tech Startups Roundup with Richard Lin
On August 23, 2022, Founders Network is hosting another Health Tech Startups Roundup. In this latest installment, we’ll hear from Richard Lin, founder of Explora Biolabs which was recently acquired for $295 million.
Lin’s experience working in the fast-paced biotech industry led him to identify a key pain point in the drug development process: a lack of readily accessible turnkey preclinical labs, which are crucial for the drug discovery process. Explora provides drug industry customers with contract vivarium operation facilities and management services for early-phase research.
At the Health Tech Sector Roundup, Lin will talk about how he transitioned from a bench scientist to a successful entrepreneur. The talk will also focus on Lin’s experience exiting the company by partnering with another entrepreneur with a deeper business acumen, who scaled the company to the next level, leading to its recent acquisition by a large global life science service company.
Join Lin and other health tech startup founders for a discussion about the challenges you are facing in your startup journey. During the month of August, our sector events are open to the public to give outside startup founders a taste of the Founders Network experience.
Agenda:
- Remarks from Richard Lin
- Around the horn: introductions and business challenges
- Next steps
About the Speaker:
Richard Lin was trained as a PhD scientist in cancer research. After working for several biotech companies in San Diego and witnessing the boom-bust cycles of the industry, he recognized that the traditional build-from-the-
In 2004, Richard founded Explora BioLabs, a lab-as-a-service company. After bootstrapping its startup and growing the company to seven facilities entirely by organic growth, he led a successful exit and sold the company to a search fund in mid-2018. Explora’s subsequent strong growth and reputation eventually led to its acquisition by Charles River Lab in April 2022 for $295M. Richard currently serves as an investor and co-fund manager at San Diego Angel Conference (SDAC). Richard also serves as a board member and advisor on several emerging life science companies, including BioXceed, VisiCell and PhenoVista. Richard holds a PhD from the University of California, Berkeley.
Complimentary Ticket:
Are you a full-time tech founder? Be our guest! During COVID, we’re making our events available to tech founders everywhere. Enjoy a complimentary ticket to come learn from fellow tech founders, partners and investors. Already used your complimentary guest pass? Request an invite to see if you qualify for membership.
About Founders Network:
Founded in 2011, Founders Network offers lifelong peer mentorship to over 600 tech startup founders globally. Our platform, programs and high-touch service facilitate authentic experience sharing, warm introductions and long-term professional relationships. Additional benefits include over $500k in startup discounts and promotion to 2,000 newsletter readers. Members are located in San Francisco, New York City, Los Angeles, Vancouver, Toronto, London and other tech hubs. Each month our Membership Committee admits a new cohort of full-time tech founders who are nominated by an existing member. Learn more about us here
Confidentiality Policy
All information shared within Founders Network is strictly confidential. We are built on a foundation of trust, and the community takes confidentiality seriously. Investors, members, and staff all share experiences and opinions off the record. In this roundtable forum, we continue to model our fnValues of Reciprocity, Humility, Authenticity and Inclusivity. Read more about our Privacy Policy here.
Testimonials
If you don't have a cohort group in something like Founders Network that you can develop long-term relationships with and discuss the same topics that come up with people that you already know, you're probably missing out on something very important.
David Plonsky
The number one advantage is the law of compound interest. The longer you stay in a very high-quality network the strong and more authentic relationships you build.
Chaitanya Vaidya
We know each other's business and we know each other's struggles. Having a personal relationship with other founders that is completely confidential and completely authentic gives you a lot of great advice.
Doug Lessing
FN manages my network for me by connecting me with other founders in my specific industry sector. I've been able to explore business development opportunities, partnerships, etc.
Becky Splitt
We just saw the first Mexican unicorn come to life this same week which is a fantastic idea. Being part of the Founders Network makes a lot of sense. We see that the Mexico City chapter is growing substantially.
Max Linares
There's a lot of great stuff going on even now in San Francisco. I've found Founders Network has been a great resource for me and for all of the founders I know during these tough times.
Jarie Bolander
It allowed me to meet people who had done this before that had the experience. I was able to explain an issue very briefly and they were able to give me a very detailed response on how they addressed it.
Terence Finn
I've used the platform to discover advice, connections, resources, discounts, on important services, connections to investors, and practice on how to pitch. The kind of conversations you can't get anywhere else on youtube or google searches.
Alexandra Greenhill
I see Founders Network as one of those necessary resources in the Chicagoland area.
Jason Jacobsohn
