Mike Dauber is a General Partner at Amplify Partners. During a panel at Data Driven NYC, he argues that US HIPAA privacy laws obstruct the aggregation of training data needed for deep learning in healthcare.
Insight
Dauber: Back 10x technical teams and figure out the market later
“If you're really, really, really honest, it's finding the 10 X teams, and you can kind of figure out the markets later, and so that's not like a very tweetable line, but I think it's the truth.”
Assertion Not checkable as stated
Dauber: Portfolio AI analyzes medical cases 10% more accurately than humans
“We have a portfolio company in the med tech space where, you know, my dad was a pathologist, and when I was a kid, it would take him 20 minutes to analyze a case to determine whether or not you had cancer. You know, I think in a minute, ah, these guys can anal…”
Prediction Not checkable as stated
The 'big data' concept will disappear within 5 to 10 years
“And our belief is, five, 10 years from now, this notion of big data is going to disappear, and this is going to be this notion of data. And companies that incorporate big data capabilities into their applications are going to win relative to companies that don…”
Insight
Dauber: Technical founders very rarely understand the vertical markets they seek to disrupt
“If people know markets, they're somewhere over here, and people know the technology are somewhere over by that exit sign, and they very, very rarely run into each other. And so the number of companies you meet that truly understand the verticals that they're t…”
Opinion
Dauber: Google is the only tech giant successfully investing outside core business
“Google's the only company that seems to go out and invest in areas that have nothing to do fundamentally with their core business, and then do a good job of it.”
Assertion Not checkable as stated
From 1900 to 2000, government operationalized major tech before consumers
“Every technology that came out was really, even if it was invented by somebody else, It was operationalized by the military or some government entity.”