๐๐ค๐ฅ๐๐ก๐จ๐ฆ๐-๐๐๐ฌ๐๐ ๐๐จ๐ซ๐ญ๐๐๐จ ๐๐๐ง๐ญ๐ฎ๐ซ๐๐ฌ ๐ซ๐๐ข๐ฌ๐๐ฌ $๐๐๐ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฉ๐๐ง๐๐๐ฆ๐ข๐ – how did this happen?
This weekโs episode features Mike Moradi, one of the GPs of Cortado Ventures, also the co-founder and also a portfolio company CEO, the CEO of Sensulin, where the company Sensulin is developing a glucose responsive insulin which will drastically reduce the number of injections diabetes patients will have to take.
Our conversation is wide ranging from how he first got the entrepreneurial bug, which landed him a $10 million exit at 25 years old, to then leading $10 million in six weeks for Cortadoโs fund one, and what’s broken in America’s health care system.
TIMESTAMPS / KEY TAKEAWAYS
0:00 – Intro
2:17 – Growing up with diversity and the entrepreneurial bug
5:26 – The culture and diversity scene in mid-continent America; Oklahoma VS Bay Area
8:52 – From dentistry to failing first company, then landed a $10 million exit at 25 years old
11:35 – The key to successful exit and โsuperpowerโ as a serial entrepreneur
13:14 – Addressing diabetes and insulin: building Sensulin
18:23 – Challenges as the CEO of Sensulin
20:52 – Where life sciences is today: innovation and itโs consequences; AI and healthcare
24:24 – Why is healthcare broken in America?
25:40 – James Rogers; incentive structures betweenย different stakeholdersย
28:19 – Advice to entrepreneurs building B2B SaaS company; be the clock maker
29:34 – Cortado Ventures: raising $10 million in six weeks during pandamic
32:05 – Reason behind Cortado fund I success; the room for innovation In times of great disruption
34:29 – What makes a good fund? Common mistakes made by fund managers
39:24 – Takeaways from both sides of the table: GP for Cortado Ventures and CEO of Sensulin
41:56 – Billion Dollar Questionsย
About Mike Moradi
Mike Moradi is an American biochemist, entrepreneur and diabetes advocate. Mike is a co-founder / CEO of Sensulin, a company that strives to provide a once-a-day solution for type I/II diabetics. He has founded or helped establish more than a dozen nanotechnology and biotechnology companies.
MORE ABOUT MIKE:
https://www.linkedin.com/in/mikemoradi
https://en.wikipedia.org/wiki/Mike_Moradi
–
PODCAST INFO:
Podcast website: https://billiondollarmoves.com
Watch on Youtube: https://tinyurl.com/sarahchenglobal
Join the community: https://sarah-chen.ck.page/billiondollarmoves
FOLLOW SARAH:
LinkedIn: https://linkedin.com/in/sarahchenglobal
Instagram: https://instagram.com/sarahchenglobal
Twitter: https://twitter.com/sarahchenglobal
