Technology
SummaryLab has always been a place where the newest ideas and innovation emerge. So what does a smart lab look like? This episode we invited Kenny Li, CEO and Co-founder of our Batch five startup iLabService. Kenny received his Bachelor’s Degree from Zhejiang University and then went on to receive his Masters from Nanyang Technological University. He came back to China around 2010, and his follow-up careers were mostly in lab-related industries. In 2016 to 2017, Kenny started iLabService as a Co-founder. iLabService focuses on providing automatic solutions to all labs, aiming to create smarter labs. Kenny’s ultimate goal is to help scientists to become more efficient through digital transformation, advanced analytics and automation. Today, with Kenny Li, we learn about his past careers and how he has used his industrial know-how to make a difference in the lab industry. Show Notes0:33 Introduction1:06 Kenny’s personal experience2:04 How did Kenny get involved in lab service4:01 Problems encountered when iLabService first started6:02 Risks involved in the business7:31 How iLabService was born8:59 A global business goal9:48 Can a Chinese-specific solution be copied and pasted to other countries10:43 How ‘smart’ can iLabService be12:08 The most valuable lesson Kenny has learned from YC15:05 A transition from an engineer to a CEO15:50 The most important thing in doing well in a CEO role17:07 In-depth knowledge and accumulated experience, determining factors for to B start-ups18:38 Team structure20:54 Challenges encountered and overcome22:20 Plans for the future