Gil: Consumers resist paying out of pocket for preventative healthcare
Elad Gil · Secrets Of Investing Early – Lessons From A Billion-Dollar Investor · Joe Lonsdale · Nov 2, 2024 · at 13:44
Elad Gil reflects on the business lessons and market headwinds learned from co-founding Color.
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“Honestly, people just don't want to pay out of pocket for their health. So to your point, you could pay a 102 hundred dollars and get information that may be life-saving. People don't want to do that, right? They're used to their employer paying for it or the government paying for it. And most of health care is chronic. Versus preventative.”
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