Re:Ask HN: Those making $500+/month on side projects in 2018...
by angelmass on Wednesday August 22, 2018 @05:24AM
(#17817426)
At first I read human WGS and I was like uhhh...
But it’s good to see those machines go to good use! That last core lab I was in was still processing the same types of samples through Sanger (of course not WGS), so I’m glad that the research community is using the smaller NGS instruments for what I feel like they were meant for. Good on ya :)
Re:Ask HN: Those making $500+/month on side projects in 2018...
by rfc on Thursday August 23, 2018 @05:10PM
(#17830731)
Thanks! We're working on scaling up to human WGS but it will take time. We do have some ideas on how to reduce the price a ton but it requires more capital than we have currently - so either patience or VC.
So for now we're sticking with bacterial and targeted human as our primary market.
Re:Ask HN: Those making $500+/month on side projects in 2018...
by arrmn on Tuesday August 21, 2018 @04:49AM
(#17808081)
How big was the initial investment? What your background?
Re:Ask HN: Those making $500+/month on side projects in 2018...
by rfc on Tuesday August 21, 2018 @11:24AM
(#17810410)
Initial investment was about $175k, plus some ongoing for various purchases equipment/larger purchases. This is all bootstrapped with no outside investment. Background for myself is in product management for analytics & ML applications in the enterprise space. Other 2 co-founders: 1 has a PhD in Biology and the other has background in QA and robotics/automation.
Currently growing at over 100% YOY (somewhere around 26% QOQ), closed out our last month at over $23k, and on pace to do somewhere between $350-400k. This is not an easy side project and there's been an insane amount of learnings on both the wet lab and informatics side. We've had some set backs but it's worth it when we get to hear what sort of life changing (literally) work we get to contribute.
https://thesequencingcenter.com/