S1E02 $1k to $25M in 12 years | Dan Kasprzyk

Being an Engineer · 29 Apr 2020 · 35m · Episode 2

What this episode covers

Dan Kasprzyk, CEO of Poba Medical and Symple Surgical and board member of Machine Solutions, recounts his journey from a bioengineering student at ASU to building Machine Solutions from $1,000 to $25 million in revenue over 12 years. He explains how his team developed a specialized crimping technology for balloon catheters, successfully selling to major medical device companies like Medtronic, Boston Scientific, and Johnson & Johnson by solving a critical manufacturing pain point that large internal teams could not address. Kasprzyk details the strategic decision to focus on this specific product-led growth, which allowed the company to scale to 100 employees and eventually attract private equity interest, leading to his current ventures in microwave ablation and testing equipment.

Mentioned

Companies
Poba Medical, Symple Surgical, Machine Solutions, Medtronic, Boston Scientific, Abbott, Johnson and Johnson, Gore, Advanced cardiovascular systems, Vascular Solutions, Teleflex, Pipeline Design & Engineering, Arizona State University, University of Wisconsin

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