Counsyl

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Anonymous said:
Ok so your friend and colleague works at Counsyl. Wouldn't that also mean that YOU work at Counsyl?
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I don't work at Counsyl and never have . Perhaps i should have used the word "ex-colleague" but I tend to refer to all my current and previous associates as colleagues.

And yes there are a ton of smart people working for the company. The testing options look very promising and it could be a homerun, however, according to the SEC filings the entire company is funded by the same family.
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All I know is that it is privately funded. No VC money.
 






Let's see do the names Gates or Job mean anything when it comes to dropouts and spurious funding? Maybe they just want to be bought out early and live out life on the profit.
 






It's amazing how much trash talk there is about this company.

Just to be clear, I don't work there, but I am close to the company.

1) Yes, management team has degrees from Harvard and Stanford amongst others. They're very well qualified on paper.

2) And very inexperienced in any industry, let alone medical biotech. Most of them are in their first or second job out of college or grad school

3) Stanford degree doesn't equate to success and inexperience doesn't equate to failure. Like all things, the future of Counsyl is not yet known either way

4) There is one key difference in what they do vs other testing companies, in that the secret sauce is the analytical software. They don't have any unique genetic chip or chemical or whatever. They're using off the shelf hardware

5) Because of no 4) the idea is that the hardware is generic, and as of such its cost will come down over time similar to the microchip industry.

6) Which essentially means, like many other fields, people are going to be drowning in data. Billions of petabytes of genetic data, and everyone is going to be searching for the analytical tools to make sense of it all.

7) That's where Counsyl comes in. They're using this little genetic testing business to generate enough cash flow to fund development of all the genetic analysis software that will form the building blocks of the future. In the meantime, the testing business also provides them with the shitloads of data that they need in order to refine the software.

8) This is why their office feels like a startup. Because they are. The future for them is in the proprietary software that they own. That will have more uses than the testing business ever will.

9) The engineers and scientists in the company are the some of the smartest people anywhere. The CTO completed his Phd in Statistics at Stanford at the age of 27, and that after completing his BS and MS in Electrical Engineering, and MS in Chem E along the way.

10) They have very little patience for incompetents and idiots. They're also arrogant because they're good and they know it. So I wouldn't be surprised if some people on this board feel slighted if they interviewed with the company and got pissed off at these young upstarts.
 






"They have very little patience for incompetents and idiots. "

Loved your post until I read this. I'm screwed. Moving through the interview process, took their aptitude test. I am sure I am out. While I have sold biotech, (Cell based therapy) and it was highly technical, DNA may be over my head. The test questions on DNA were VERY technical and I had no idea how to answer them. Clearly I have a lot to learn. Very confident that I could sell this product, but not so confident I will get the opportunity.
 












I am in the same boat. I have called on IVF/MFM's, what they said they were looking for. Spent many hours on the assessment and have not heard a peep. They should atleast interview the people who took the time to play along with the assessment.
 






Anonymous said:
I am in the same boat. I have called on IVF/MFM's, what they said they were looking for. Spent many hours on the assessment and have not heard a peep. They should atleast interview the people who took the time to play along with the assessment.
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Why do you believe you're entitled to an interview if you failed the assessment? Geez!!!!! The mgmt team is owes you nothing.
 
























Thanks for the details to date. For the 3 individuals who took the 3 hour assessment: any of you willing to share more details about the DNA portion? Any insight would be appreciated.
 






I took the test this weekend. I was very methodical and I googled much of the information to get the correct answers in the DNA/genetics part of the material. It took me 6 hours to complete. If you finished this in 3 hours, you either guessed alot and took your chances, or, you are a Genetisist M.D. and know all this stuff. I don't think most doctors would know the majority of the material off the top of their head. I have never heard of a company that wanted you to know this much material before you came on board. You normally go to a training class and learn the majority off what you need to know in order to sell the product. This leads me to believe that Counsyl might not have training dept. to speak of. Whatever happens, I did all I could do.
 






























Anonymous said:
Has anyone heard back about the next steps after taking exam? I took a week ago and am still waiting...
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You should have heard something by now. If you pased the exam, you will get a face to face interview with the hiring manager via Skype. If you do well on this interview, the next step is another Skype face to face interview with Hiring Managers boss and possibly CEO and others. Do well here then move on to an in person interview at home office where you will have to demonstrate your presentation skills among several other things.
 
























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