Brown: LifeOmic Has Not Yet Determined Its Revenue Model
Don Brown · 1544 1 Day After $1.4B Exit He Launches LifeOmic to Tackle Precision Health Using AI and Machine Learning · Oct 16, 2019 · at 1:16
Dr. Don Brown, founder and CEO of LifeOmic, describes the company's early development focus and monetization status.
0:00 / 0:09exact quote · 9.3s
720p mp4 · rendered on demand · StarZero watermark
“I, well, we're still trying to figure out the revenue model. We're more concerned right now about building a cloud-based platform for precision medicine.”
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 Don Brown
Brown: Self-funding frees founders from answering to investors and short-term revenue
“I, you know, when it's your own capital at risk, you can do whatever the hell you want, and you don't have to answer to anybody. You don't have to be overly concerned about generating revenue.”
Brown: Precision medicine will filter down into corporate wellness programs
“We really think this whole notion of precision medicine, precision health will filter down into corporate wellness programs.”
Don Brown: Interactive Intelligence prioritized acquiring distributors over tech tuck-ins
“We didn't exactly do a roll-up. We did a few tuck-in acquisitions along the way. I'm an engineer by you know, by training, and so I always think I can build something better than anybody else, and that makes it kind of hard to do acquisitions, at least for tec…”
Brown: LifeOmic and IU Medicine Are Modeling Cancer Patient Treatment Responses
“We're working with large academic medical centers like at all my alma mater, the Indiana University School of Medicine. They're loading up information about thousands of cancer patients to try to use our machine learning and other techniques to figure out who'…”
Brown: Most genes are shaped by environmental exposure, not pure determinism
“There are a few genes where if you've been dealt a bad hand, you know that's just the luck of the draw, but most genes really are affected by the environment, and so it's that combination of your whole genome sequence and your environmental exposure.”
Brown: LifeOmic plans freemium model for corporate wellness platform
“We plan to offer kind of a freemium model where organizations can use our mobile app and our cloud platform for free for their
[483] Don Brown: employees or members.
[486] Don Brown: and then we have more specialized services that we can offer on top of what …”