Oak HC/FT

“We don't cold call. We're not like a TA or an insight, have a bank of kids that are, they're trying to find deals. Just not the way it works.”

“We just invested in a company, Paxos, a couple months ago, two billion dollar valuation. We're already getting offers at more than twice that for that company.”

“Fintech and payments is really embedded in every industry, and it's one of the reasons there was incredible conversions between healthcare and fintech, two highly regulated industries, but a third of what we do is the overlap between these two sectors.”

“And then otherwise, we don't hire McKinsey. We don't hire Bain. We never hire a consultant.”

“You're going to see more female CEOs at the same time you're seeing more VCs, and it's happening.”

“But the existing entity, Oak Investment Partners, wasn't going to exist any longer. That entity, we all agreed, was going to die. We were going to roll off all the companies, and we were the surviving new entity, essentially, Oak HCFT, so you could call us Oak…”

“In terms of directly investing into biotech and life sciences companies that take FDA risk, we won't do that.”

“I mean, we were, last year, we were, 30% of the rounds that were done, over a hundred million in our sectors, were OKCFT companies. And that is a pretty powerful stat, and those were all over a billion dollar rounds, in terms of valuation.”

“I think we have kept every fund is about 20 to 25 companies, so that's been an important stat.”

“And even I think seed funds are having trouble because firms that can do seed startup series A, B, C, and promise to be there with the entrepreneur all the way along, have an advantage against an even a early stage seed fund.”

“You get as many people and as much money as they have, there's no way the senior people are involved with every company, and we are, and that will remain.”

“Not starting my own firm sooner. Absolutely. Change is hard, right? And you've done something for a long time. I think it's hard, and that absolutely should have done sooner.”

“On the crypto side, we haven't been investing in it As a currency. We haven't been investing in crypto per se, but we invest in digital asset infrastructure. So Paxos is digital asset infrastructure.”