“And in my view, I think it's about not being in denial. And to recognize failure when you start seeing warning signs. I think all of us procrastinate the decision to pull the plug.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Kiran Mazumdar-Shaw
AssertionContradicted
Mazumdar-Shaw: Vijay Mallya has paid back everything he owed
“Well, he's paid back everything he owed. So I don't understand why he's still being targeted.”
Kiran Mazumdar-ShawJul 23, 2023▶ 11:08Ep #7 | Who is Kiran Mazumdar Shaw Really? And WTF is Biotech? · Nikhil Kamath
Opinion
Mazumdar-Shaw: Biocon was the first startup in India
“Of course, a few years later, I was very lucky that I was able to get the brightest minds to join me, and I therefore consider myself really the first startup in the country.”
Kiran Mazumdar-ShawJul 23, 2023▶ 32:02Ep #7 | Who is Kiran Mazumdar Shaw Really? And WTF is Biotech? · Nikhil Kamath
PredictionNot checkable as stated
Mazumdar-Shaw: Entering biosimilars now would severely hurt Indian pharma earnings
“If any Indian pharmaceutical company wants to now venture into biosimilars, like I have done, it will, you know, have a huge impact on their EBITDA and their earnings, which I don't think anyone wants to do at this point in time.”
Kiran Mazumdar-ShawJul 23, 2023▶ 1:08:15Ep #7 | Who is Kiran Mazumdar Shaw Really? And WTF is Biotech? · Nikhil Kamath
PredictionNot checkable as stated
Mazumdar-Shaw: Regulations will permit CRISPR for genetic defects, not designer babies
“So I think they will allow you to use CRISPR technologies like they use gene therapies today. To basically correct genetic deficiencies, but not to choose the kind of baby you want, you know, like saying that, okay, I want my eyes, the eyes to be of this color…”
Kiran Mazumdar-ShawJul 23, 2023▶ 1:48:46Ep #7 | Who is Kiran Mazumdar Shaw Really? And WTF is Biotech? · Nikhil Kamath
Insight
Mazumdar-Shaw: Going public creates valuation currency essential for scaling
“I believe that as you grow your company, you need you need a capital value for a kind of a currency that you use to grow your company with. So if you create a valuation for your company, you can use that as a very, very powerful currency to do many more things…”
Kiran Mazumdar-ShawJul 23, 2023▶ 1:02:30Ep #7 | Who is Kiran Mazumdar Shaw Really? And WTF is Biotech? · Nikhil Kamath
Insight
Mazumdar-Shaw: People without children tend to be more philanthropic
“When you don't have kids, you tend to Be more philanthropic.”
Kiran Mazumdar-ShawJul 23, 2023▶ 1:12:09Ep #7 | Who is Kiran Mazumdar Shaw Really? And WTF is Biotech? · Nikhil Kamath
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