Fred Turner

speaker

1,090 appearances 1 recordings 1 series first heard Jul 2026 last heard 18 Jul

Fred Turner’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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So the testing was working great.

Prototypes were pursuing the FDA approval process.

We went to do a series B round with ended up being a strategic.

It changed its name from TL Biolabs to SHIELD.

Bigger TAM.

Yeah.

Many billions of dollars TAM for testing for this and ended up getting a term sheet from a strategic, large public diagnostic company.

Signed the term sheet, did three weeks of work on docs.

We were in the second round of docs and then their CEO killed it because it was too competitive with their core products.

Meanwhile, we told all the investors that, oh, yeah, we've got the lead.

We're good to go.

Here's the paperwork.

And so that was the death of the company.

We had about three weeks worth of cash.

No, no, because I don't think we would have pivoted as hard into COVID when COVID hit.

I mean, it would have probably been easier because we had... At that point, we actually had a lab license.

In the US, you need this thing called a clear license to run these kind of tests.

And we had got one of these licenses over a painstaking two-year process.

And then in December of 2019, as part of the wind down, I sold that license to a company in San Diego for $150,000 to pay some of the creditors.

And then five months later,

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