DealMakers: Entrepreneur | Startups | Venture Capital
Bradley Bostic On Raising $80 Million To Build A PE Firm Supporting AI And ML-Driven Companies Working For Improved Patient Outcomes
Dec 5, 2024
In this engaging discussion, Bradley Bostic, the founder of Health Cloud Capital and a seasoned entrepreneur, delves into his journey of raising $80 million to support AI and ML-driven healthcare solutions. He shares insights on the rise and fall of his previous venture, ChaCha, and how personal experiences fueled his mission to transform patient care. Bostic highlights the importance of innovation through strategic partnerships, particularly with institutions like the Mayo Clinic, and emphasizes the significance of a recurring revenue model in ensuring business stability.
29:16
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Quick takeaways
- Bradley Bostic's entrepreneurial journey highlights the significance of learning from failures to innovate and adapt in healthcare ventures.
- Health Cloud Capital's focus on leveraging AI to improve diagnostics and patient outcomes emphasizes the need for revolutionizing healthcare delivery.
Deep dives
Bradley Bostic's Entrepreneurial Journey
Bradley Bostic’s journey into entrepreneurship began in his childhood, influenced significantly by his father's career in banking. This exposure introduced him to a range of businesses and their challenges, nurturing his desire to create something impactful. He pursued a degree in computer information systems, recognizing the potential of the internet during its nascent stage. Although he contemplated dropping out to develop an e-commerce business for college textbooks, he chose to finish college, which provided him with valuable experience in consulting and insight into the healthcare industry.
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