Untold Stories Podcast BROCASTERZ // Untold Stories Conference

#UntoldStoriesConference, #StartupEuropeNetworks, #startuphungary.io, #TechCampGlobal, #hungary.usembassy

In the special episode we brought to you the Untold Story of Jared Schrieber - serial entrepreneur and angel investor directly from Silicon Valley. After unfolding his journey as a founder and CEO, he also shares his insights with us about the Hungarian startup ecosystem compared to his worldwide experiences.

In 2011 Jared founded InfoScout, a marketing intelligence company providing household purchase information by item across all retailers. They went through every type of investment round, including a 2017 merger with Market Track whereby the 2 companies rebranded themselves as Numerator. After integrating the two companies, Jared stepped down from the company’s CEO position, moved to Hungary as a “love-refugee” and started focusing more on his angel investment activity. “I’m a little bit more of an early stage start-up guy, I think my strengths play to between 0-100 employees not between 100-1000...”

Now he’s here to stay and to shake up the Hungarian startup world. His continuously growing portfolio of 25 angel investments has him well on his way to becoming Hungary’s first super angel.

Hit the play button and dive into this extraordinary episode to find out how he grew InfoScout into a unicorn, how he sees the Hungarian startup world, and all the answers for these following questions:



How did his entrepreneurial journey start?


What was the origin story of InfoScout?


How did he overcome the initial struggles?


What was the importance of traction in the early years?


How were sales at the beginning?


What were the main milestones of the development of InfoScout?


What convinced him to say yes to a VC and how did this decision turn out?


What happened during the Series C venture round?


Why were the VCs sceptical about InfoScout?


Why did InfoScout merge with Market Track and how did it impact their day-to-day operations?


What was Jared’s role in Numerator after the merger and why did he decide to take a step back?


What happened to him and Numerator in the last 4 years?


When did he start his angel investing activity?


What was his first angel investment project and how did it turn out?


Have any of the companies he invested in failed?


How actively is he engaging with the companies he’s investing in?


In what VCs is he an LP as well?


What is the specialty focus of his angel activity?


What are the barriers in Hungary of becoming an angel investor?


Why is Hungary lacking later stage vehicles, and what other countries can be optimal role models for Hungary?


What are the elements of their model that we should adopt in Hungary?


How would he evaluate the quality of the early stage startups in Hungary, and how would he improve it?


Who writes first checks in Silicon Valley now?


What is his message for Hungarian founders?

Follow the Untold Stories experience!
- Facebook: www.facebook.com/UntoldStoriesConference
- Twitter: twitter.com/byUntoldStories?s=20

You can find Untold Stories Podcast on other streaming platforms as well:
- Soundcloud: @untold-stories-podcast
- Apple Podcast: podcasts.apple.com/hu/podcast/unto…1584706414?l=hu
- Google Podcast: cutt.ly/JRwtEuo
- Spotify: cutt.ly/hRwtJa3
- YouTube: www.youtube.com/channel/UCIxoSTqhapzxo8OLv3ZUg1Q

The Untold Stories Podcast series brought to you by Startup Europe Networks and Startup Hungary, powered by TechCamp and US Embassy Hungary.

#UntoldStoriesConference, #StartupEuropeNetworks, #startuphungary.io, #TechCampGlobal, #hungary.usembassy

In the 7th episode of Untold Stories meet Szabolcs Nagy, the CEO and co-founder of Turbine AI. Turbine AI is a simulation-driven drug discovery company, delivering targeted cancer therapies to targeted patient populations.

The company’s origin story dates back to 2015 when Szabi with his business background completed the team of Kristóf, the machine learning engineer and Dani, the system biology expert. Out of their numerous business ideas, The Tripod (as they refer to themselves) decided to dedicate their work to the better understanding of complex cancer.
“We can only do one thing right, and we need to do that one thing right.”

Shortly after, they were already working with Bayer’s team in Berlin as they won the company’s G4A innovation program. In only half a year they managed to carry out their “killer experiment”, and came up with groundbreaking results even the company’s R&D team weren’t able to obtain in the past 5-10 years.
“...we can actually predict how cancer cells behave and we can actually find novelty that they would not be able to identify otherwise...”

In the following years the company got off the ground. From a service based model they pivoted into a drug discovery company, moved their base to the UK where the drug discovery ecosystem is more vivid, and raised 10 million euros during the pandemic from top-tier investors such as Accel Partners.

Jump into the search for the Holy Grail of Biology with us, and explore the Untold Story of Turbine! Press play, and find out the answers for the following questions:



What made Szabi become an entrepreneur?


Why is the co-founding team of Turbine called “The Tripod”?


What is the origin story of Turbine and when did Szabi join it?


How was his transition to adjust to the biotech field?


How does product market fit and traction work in the biotech field?


How was it to participate in Bayer’s G4A Program Accelerator Program?


How did the early consultinglike projects shift overtime? What’s their current business model, and how did they get there?


What are the social aspects of their vision?


Other than Bayer, what other mentors had an impactful effect on Turbine?


How did they start their fundraising process?


How important is it to have a venture capitalist that really understands the company?


How many people do they have now, and how do they manage working in different locations?


After finding the right business model and the strategic direction, what other challenges did they have so far?


How does Szabi spend his time as a CEO?


What is his advice he wants to share with us?

Follow the Untold Stories experience!
- Facebook: www.facebook.com/UntoldStoriesConference
- Twitter: twitter.com/byUntoldStories?s=20

You can find Untold Stories Podcast on other streaming platforms as well:
- Soundcloud: @untold-stories-podcast
- Apple Podcast: podcasts.apple.com/hu/podcast/unto…1584706414?l=hu
- Google Podcast: cutt.ly/JRwtEuo
- Spotify: cutt.ly/hRwtJa3
- YouTube: www.youtube.com/channel/UCIxoSTqhapzxo8OLv3ZUg1Q

The Untold Stories Podcast series brought to you by Startup Europe Networks and Startup Hungary, powered by TechCamp and US Embassy Hungary.