Jacob Krahenbuhl's questions to 10X Genomics Inc (TXG) leadership • Q2 2025
Question
Jacob Krahenbuhl asked what customers indicate would be the biggest catalyst to unlock spending, such as budget clarity or fund disbursement, and about the potential timeline for such an unlock.
Answer
CEO Serge Saxonov identified two primary factors based on customer feedback: long-term clarity on future budgets and, more immediately, the actual disbursement of awarded grant funds. He emphasized that the slow movement of money to researchers is a key factor holding back spending, and an acceleration here would provide the confidence to move forward with projects.