healthcare

“In healthcare people value a lot of experience, and therefore tradition, ways of doing things tend to be quite set and the mindset tends to be a little bit rigid, and people are not always very open to new ideas, unlike the tech world, where it's very differen…”

“So in healthcare, you can't inflate the demand artificially. And that also means that if you have a right product there is not a huge price comparison and price issue as such.”

“Roti kapda makaan, healthcare, and education, I would say. Those are the five places, five spaces which will always remain evergreen in this country.”

“In education and healthcare, again, these are not commodity or transactional businesses, right? These are businesses of trust. And, ah, funnily, the way a consumer might interpret a higher price is higher quality. So, price undercutting is a very, very bad str…”

“Two interesting things is that you can get the healthcare by paying for it, and you can get it within a timeframe, which is acceptable to you. Unlike many countries where you have to wait for months to get an MRI, to get a scan done, to get a knee replacement,…”

“So in my view, healthcare is a patient capital. Healthcare is long duration. Healthcare is not a rocket ship. Healthcare is grows, becomes steady, and then continue to provide dividends in that kind of an industry. And the kind of capital that needs to go afte…”

“You're not going to take a medical device or a medical product just because I discount and it's cheap for you. Are you going to consume more medications because it's cheaper? No. Exactly. So this is not a category where we can say, okay, let's put a lot of mon…”

“Financial services will be close to 30%, a little bit less than 30%. Education would be another 30%, including U.S. Because we sell in U.S. Education. Then the healthcare would be about, you know, 10 to 15%.”

“I'm pretty sure we're going to see five to ten billion dollar ARR companies in healthcare, education, defense, and retail. In the next 10 to 15 years that are not going to be head-on competing with the same companies that are competing code generation.”

“50% of the industry or 40% of the industry will not have any healthcare, by the way, in the home”

“And we're investing in both, you know, for example, my partner Joanne has a very successful context graph company in Tenor, which is going after healthcare.”

“But do I think they'll build a product for legal that can really work inside, you know, complicated law firms for healthcare, for construction, for automotive? I don't think so.”

“That, that system runs at, you know, two to three percent cost of transact. Healthcare probably runs at 15 to 20% cost of transact. So there's so much room to make it more efficient and look and feel more like a credit card swipe.”

“My recommendation to the early stage founders is, unless you have that distribution advantage, healthcare is still actually a very hard market to get into, and you're better off either working with a larger company or distributing through a larger company or c…”

“The story of the late 20 twenties in healthcare is definitely one of language models and AI replacing standard labor or augmenting that labor to make it much more efficient.”