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Month: September 2022

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...