

It’s Time to Build in Healthcare
90 snips Aug 28, 2024
Vijay Pandey, a general partner at Andreessen Horowitz specializing in bio and health investments, and Daisy Wolf, an investing partner focused on healthcare, dive into the urgent need for technology in the healthcare sector. They highlight the alarming statistics about medication adherence and metabolic health. The duo discusses how AI can revolutionize patient care, the importance of consumer-centric models, and innovative approaches like gamification to engage users. They emphasize the potential for tech founders to disrupt this complex industry and create significant value.
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Consumer Health Tech's Potential
- Vijay Pandey predicted the biggest company in the world will be a consumer health tech company.
- Consumer health companies prioritize excellent consumer experiences, even within B2B or insurance models.
Healthcare's Market Size and Potential
- Healthcare is a large market, five times bigger than global advertising, ripe for technological disruption.
- Despite being regulated and complex, its size and consumer engagement potential attract technologists.
Tech's Role in Healthcare
- Curing all cancer only extends lifespan by three years; improving consumer engagement in healthcare offers greater overall impact.
- Technologists excel at logistics, data, operations, and consumer engagement—all crucial for improving healthcare.