a16z Podcast

Devoting Your Life to Reinventing a Broken System

36 snips
Mar 25, 2024
In this engaging discussion, Ed Park, Co-founder of Devoted Health, shares his mission to revolutionize healthcare through technology. He, alongside his brother Todd, emphasizes the urgent need for reform in a deeply flawed system, particularly for older Americans. They recount their entrepreneurial journeys and experiences with Athena Health, highlighting the role of AI in improving patient care. With personal anecdotes and insights into their immigrant backgrounds, they inspire listeners about the potential for tech-driven solutions to reshape healthcare.
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ANECDOTE

American Dream

  • Ed Park's parents immigrated to the US from Korea in 1969, seeking the American dream.
  • They initially disapproved of their sons' entrepreneurial ambitions, preferring they pursue medicine or law.
ANECDOTE

Athena Health's Beginnings

  • The Park brothers' first company, Athena Health, began as a women's health venture.
  • While clinically successful, the business model failed due to the complexities of the US healthcare system.
INSIGHT

Healthcare's Dual Nature

  • Todd Park explains that healthcare is both incredibly important and deeply flawed, creating an enticing opportunity for entrepreneurs.
  • Success in this sector offers both substantial value creation and the potential to save lives.
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