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  "documentTitle": "Ginkgo Bioworks (DNA)",
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      "text": "Ginkgo’s model is basically based on overcharging captive entities; “prohibitively expensive”; “obligated” to pay whatever Ginkgo dictates",
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      "text": "Q: “How do competitors price per project? This doesn't sound like multimillion-dollar kind of stuff. It sounds like 10 to 15-thousand dollar strain experiments.”\nA: “They usually price on the lower end compared to Ginkgo. It’s not cheap.”\nQ: “How much more expensive is Ginkgo than the typical ones percentage-wise?\nA: “At least 50%.” – Current Motif employee",
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      "text": "Motif senior employee indicated Ginkgo charges them 50% more than comparable strain engineering vendors",
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      "text": "Ginkgo’s model is basically based on overcharging captive entities; “prohibitively expensive”; “obligated” to pay whatever Ginkgo dictates",
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      "text": "“Ginkgo was kind of allowed to do what they wanted to do for the first period of the company [Joyn] at least... Ginkgo services are very expensive. It’s almost prohibitively expensive in some respects... you’re obligated to basically no matter what it costs. If Ginkgo says, pay us this, that’s what you pay.” – Former director-level employee",
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      "text": "“Ginkgo was kind of allowed to do what they wanted to do for the first period of the company [Joyn] at least, and that was really something that Jason Kelly and the group really sort of had pushed for, especially in Motif, at Allonnia, and the subsequent ventures, Ginkgo really needs to control these entities because if they can’t then—what they want is for these subsidiaries or for these joint ventures, these supposedly independent companies to be obligated to use Ginkgo services, and Ginkgo services are very expensive. It’s almost prohibitively expensive in some respects. But the idea is if you comparison shop, you can go elsewhere. It’s actually kind of interesting like Joyn was doing a lot of work with this group with Culture BioSciences in South City, South San Francisco. And they’re basically outsourcing their fermentation to them, not to Ginkgo. I would suspect that that was because of pricing and cost savings because they actually are not entirely obligated to use Ginkgo services, but that’s the whole idea, is you’re obligated to basically no matter what it costs. If Ginkgo says, pay us this, that’s what you pay.” — Former director-level employee; “At least 50%.” — Current Motif employee",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "Current employees at Ginkgo’s related-party “customers,” as well as former employees of Ginkgo, allege that Ginkgo’s model is based on overcharging captive entities: foundry fees are “prohibitively expensive; “obligated” to pay whatever Ginkgo dictates. A senior employee at key related-party Motif Foodworks provided a specific example where Ginkgo charges them 50% more than comparable strain engineering vendors.",
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