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Category: Advice

Health Tech and Big Tech: An Unhealthy Alliance

Health Tech and Big Tech: An Unhealthy Alliance

Image by ElasticComputeFarm from Pixabay

HealthIT funding is up right now,  despite the downturn in global digital health investment, with data collection being such a big part of the reason why investors are all in on the HealthIT sector.  Do note that Big Tech et al is paying close attention to the space and making acquisitions.

Dr. Amazon Will See You Now, said the Wall Street Journal, noting that “Amazon and other companies are trying to disrupt the giant, inefficient U.S. healthcare sector. They’ve made little headway but a crop of upstarts is offering industry giants a chance to buy their way in.

“Amazon.com’s repeated failure to disrupt the industry underscores just how hard it is to make meaningful change.. As hard as healthcare has proven to crack, it is also too big of an opportunity to ignore. That explains why Amazon is trying again: It agreed in July to pay $3.9 billion for One Medical, a concierge-type primary-care service with nearly 200 medical offices in 25 markets… and will give Amazon the foothold in healthcare it struggled to build organically. In a not-too-distant future, your Prime membership may include a free annual checkup.” Read More...

Bye Bye, Mon Unicorn

Bye Bye, Mon Unicorn

 With the downturn in the unicorn market, founders have lost much of their power with investors. “New unicorns are plummeting. Here’s how volatile markets and shrinking valuations are shifting power from founders to investors, CB Insights reported, and venture funding to startups is ebbing.

Even those certain funds and investors who had ridden to rock star status in the last decade plus with those outsized returns are being scrutinized more closely, especially by the tech press. While new funds are still being raised, existing funds raising follow on funds and investors are still writing checks – albeit more cautiously these days, Adam Newmann and A16z’s investment into Flow aside –  if it’s not full-on investor winter in many quarters, we’re certainly getting close.

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Entrepreneurial Gigolos and B Teams

Entrepreneurial Gigolos and B Teams

Photo by Sander Sammy @Unsplash

 It’s September. The investors are back from the end of summer break and paying attention again. There are funds to be deployed, and meeting to take, the holidays will be here again before you know it and they’ll once again disappear, so it’s a good time to get that investor deck out and those meetings lined up.

 

We work with founders all the time, helping them to refine/write their decks, since, as we’ve said before, all founders think the 10-15 slide construct is written in stone in terms of the order of the slides, and often bury the lead. Or are so in love with the tech they’ve created, they didn’t bother to include the lead at all. And do keep in mind that your deck is a teaser. Purpose: to get you to that meeting with investors. Read More...

The Demise of Tech’s Boy Band Founders

The Demise of Tech’s Boy Band Founders

Photo by Mubariz Mehdizadeh on Unsplash

We also like to call them the Boys of Summer – those unicorn tech super founders, that is.

As the New York Times noted, The Boy Bosses of Silicon Valley Are on Their Way Out, dismounting their unicorns and heading for the hills, with their largesse in tow and never mind the layoffs and loss of shareholder value that they’ve left in their wake.

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Has Zuck Run Out of Luck?

Has Zuck Run Out of Luck?

Photo by Annie Spratt @unsplash

 Mark Zuckerberg/Facebook (now Meta) has always been something of a bellwether for the Web 2.0 Age of Surveillance nee Age of Social and high time to just call it as it is.

Since Zuckerberg did help to define the last iteration, it stands to reason that he would lead us once more into the fray as we barrel towards Web 3, no?

He thinks so. He may not be building his own metaverse as originally planned, but nor is he sitting idly by. Au contraire. Instead, as Futurism noted, “the company wants to get in on the ground floor and determine its rules.” Read More...

Meet the New Boss: The New Work Paradigm?

Meet the New Boss: The New Work Paradigm?

Photo by Austin Chan of Unsplash

A lot has changed since the lockdowns and the Submit or Flight response that ensued, when the migration from the Draconian rules of the tech hubs – Silicon Valley and New York in particular – began.

 

Working conditions shift with each new industrial revolution and despite the fact that the Information/Internet Era has been somewhat established for close to 20 years, we haven’t really seen a change. Until now. Read More...

The Heat of Summer: Cue Up the Global Warming Warnings

The Heat of Summer: Cue Up the Global Warming Warnings

Photo by unsplashed

Since we’re in the heat of summer in most parts of the world, it’s a good opportunity to address climate change. For the record, according to Weather.com, last “July (was) on track to be the coolest in the U.S. since 2015, according to Todd Crawford, Director of Meteorology at Atmospheric G2.” Although not many of us were around to experience those lazy, hazy, crazy days of summer, to quote Nat King Cole, re last summer, how quickly we forget.

 

CNN has been all over ‘climate change’ and recently hosted the founder (whom CNN misidentified as the co-founder) of the Weather Channel, climatologist John Coleman. Read More...

The Twitter Battle: What’s Not Being Said

The Twitter Battle: What’s Not Being Said

Photo by Piotr Makowski on Unsplash

Everyone’s waiting for the outcome of whether or not Elon Musk will eventually own Twitter. He’s purportedly walking away from the deal, claiming that Twitter users are primarily bots, and the company isn’t offering any hard evidence to prove otherwise. In fact, as TruthTent reported, “Twitter’s bot check sample size was only 100 users, Musk reveals.”

Then again, he didn’t do his due diligence before making the offer…

The stock price is way down, which employees are blaming on Musk, even though the market is way down in general, but if ‘users’ are primarily AI-generated bots, well, that does affect whether or not advertisers and marketers will pay a premium to the platform, so it may well be Musk’s fault for pointing that out, and further depressing the stock price. Read More...

AAAAIIiiii!!!! Or, It’s Just Another Algorithm…

AAAAIIiiii!!!! Or, It’s Just Another Algorithm…

image by Gerd Altmann @Pixaby

An issue that the mainstream tech seems bent on ignoring is whether or not AI is sentient. As Yahoo!Finance reported, “the issue of machine sentience – and what it means – hit the headlines…when Google placed senior software engineer Blake Lemoine on leave after he went public with his belief that the company’s artificial intelligence (AI) chatbot LaMDA was a self-aware person… Google and many leading scientists were quick to dismiss Lemoine’s views as misguided, saying LaMDA is simply a complex algorithm designed to generate convincing human language.”

 

Nothing to see here…Seriously?

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