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  "documentTitle": "Twist Bioscience (TWST)",
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  "presentationDate": "2022-11-15 00:00:00",
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  "notes": "The slide uses an expert testimonial to undermine the growth narrative of the competitor and by extension the subject company (Twist).",
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      "text": "IDT is the oldest and most reliable company in the oligos space. They are really good at oligos. They had tried to go longer and go into genes, and they had the same problem. And they were really an efficient and effective company. We knew them very well and worked very closely with them. I went on a tour of their old facility twice, and it took three hours. We know the founders. It’s a really good company, but they’re never going to be huge because they have a niche market that they’re very good at, and they own it.",
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      "text": "An executive who has competed against both IDT and Twist stated that “IDT is the oldest and most reliable company” in the space, and just like Twist, they “tried to go longer [sequences] and go into genes, and they had the same problem.” He stated that although IDT is a good company, they are “never going to be huge because they have a niche market...”",
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      "text": "Oligos space is dominated by IDT, which remains a niche player given the tiny size of the market; tried expanding like Twist but no way to make money. “IDT is the oldest and most reliable company in the oligos space. They are really good at oligos. They had tried to go longer and go into genes, and they had the same problem. And they were really an efficient and effective company. We knew them very well and worked very closely with them. I went on a tour of their old facility twice, and it took three hours. We know the founders. It’s a really good company, but they’re never going to be huge because they have a niche market that they’re very good at, and they own it.” –Founding member of Gen9, an almost identical company to Twist",
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      "text": "“IDT is the oldest and most reliable company in the oligos space. They are really good at oligos. They had tried to go longer and go into genes, and they had the same problem. And they were really an efficient and effective company. We knew them very well and worked very closely with them. I went on a tour of their old facility twice, and it took three hours. We know the founders. It’s a really good company, but they’re never going to be huge because they have a niche market that they’re very good at, and they own it.” — Founding member of Gen9, an almost identical company to Twist",
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      "text": "Source: Scorpion Capital consultation calls with experts",
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      "text": "Even IDT, Twist’s key competitor, remains a niche player given the tiny size of the market.",
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