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I interviewed Jeff Harbach, Exec Director Central Texas Angel Network @NVCA Venturescape. He enjoyed practising medecine but was frustrated with the health care system.  He looked at ways to have more of an impact on changing that delivery system & went back to business school. Then he became a Chief Medical Officer for a large health system & then ran a very large physician group. He has been involved in early stage life science venture capital for 10 years. He likes it because it truly is a way to make an impact on the delivery system, to improve patient’s lives.  The thing that makes a good business deal is that its got to be transformational. Malthus predicted huge growth of world population with resulting disasters.  However he didnt take into account innovation. In the US there’s a $45T unfunded mandate for what it would take to take care of the people in the US now if they continue to do things the way they are doing them now. You can’t get there even with perfect public policy! The only way they are going to solve that is to get better efficiency: better health care outcomes for less health care dollars & that comes through innovation! The health care industry is really in a state of transition or flux.  The public policy system for health care has to be changed along with the reimbursement system dramatically from fee for service to more accountable care organization to different payment models. So innovation covers many different aspects. Sometimes the most challenging thing is just getting people’s attention because they are so distracted! He has invested in over 40 startups in the course of his career.Enhanced by Zemanta

Pemo Theodore

Pemo Theodore is a Media Publisher & Event Producer and a great people connector.. She is Founder/CEO Silicon Valley TV which has served the San Francisco Bay Area for 11 years! She has produced Silicon Valley Events for Investors & Startups for 9 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 5 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is visual media and she has built up a great body of work of videos of panels & interviews in Silicon Valley.startup ecosystem.

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