I frequently am in a position to tell young companies that our firm is not ready to invest in them because their business model is, at least in the current world, overly dependent on consumers paying for the product or service being offered. While there are a few examples of successful consumer-pay healthcare companies, they […]
Enter the Consumer

I was in Newport Beach last week to chair IBF’s Consumer Health and Wellness Innovation Summit. It was a very interesting event with about 100 people from many different segments of the health and wellness industry—a very eclectic crowd. There were people there from healthy food purveyors (Nestle, Kelloggs), provider organizations (MDVIP), health insurance firms (United […]