Prediction Held up AI assessment confidence: 90% certainty 5/5 debate potential 3/5

Sternberg: Honor sets $15 company wage floor, $17 in Bay Area

Seth Sternberg · a16z Podcast | Tackling Senior Care with Help from Technology · Jan 2, 2019 · at 2:19

Seth Sternberg is the co-founder and CEO of Honor, an in-home senior care startup. He outlines caregiver compensation structure upon launching the company.

0:00 / 0:08exact quote · 8.9s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Their earnings potential right out the gate with honor will be in the Bay area for our pioneers, 17 dollars an hour, and we're creating a floor of 15 dollars for the company.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Seth Sternberg

Assertion Partly supported
Sternberg: Average senior care provider earnings are $9.50 per hour
“The average Earnings for care providers today are nine 50 an hour.”
Seth Sternberg Jan 2, 2019 ▶ 2:28 a16z Podcast | Tackling Senior Care with Help from Technology
Insight
Sternberg: Open marketplaces fail families navigating sudden senior care crises
“Now marketplace is a kind of a loaded term because I actually think that the experience of a user who, you know, whose mom just fell. Is just getting, you know, discharged from the hospital. The last thing they want is to wade into a marketplace and try to fig…”
Seth Sternberg Jan 2, 2019 ▶ 5:16 a16z Podcast | Tackling Senior Care with Help from Technology
Opinion
Sternberg: Senior care neglects social and emotional needs for physical ones
“There's a lot of focus in today's world on the physical needs of a senior, right? Like helping them get out of bed, helping them with, you know, breakfast, but there's not enough focus on the social emotional needs of the senior.”
Seth Sternberg Jan 2, 2019 ▶ 8:11 a16z Podcast | Tackling Senior Care with Help from Technology
Prediction Not checkable as stated
Sternberg: Tech will shift from conscious interaction to background appliance-like utility
“I think that's an era that's going to come to a close pretty soon. Right, and I think we're going to go into an era where technology enables experiences, and it's kind of like using a toaster oven or a microwave.”
Seth Sternberg Jan 2, 2019 ▶ 11:09 a16z Podcast | Tackling Senior Care with Help from Technology
Insight
Sternberg: Profitable business models enable far greater and scalable human impact
“If we can make humans' lives better by creating a real business around it, you know, then we can make so many more humans' lives better because businesses have this nice thing that they're kind of perpetually in motion and perpetually growing.”
Seth Sternberg Jan 2, 2019 ▶ 15:18 a16z Podcast | Tackling Senior Care with Help from Technology
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,000 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.