Devoting Your Life to Reinventing a Broken System
The a16z Show
a16z
4.2 • 1.2K Ratings
🗓️ 25 March 2024
⏱️ 25 minutes
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| 0:00.0 | I don't care how smart you are, okay? You cannot navigate yourself through American |
| 0:05.1 | health care. My dad had saved $50,000 which was all the money he had in the world |
| 0:09.2 | to send us to grad school and we're, we have this idea to start the company and we need about |
| 0:16.0 | $50,000. So could we have it? And he's like, heck no. And frankly, when you think about |
| 0:21.2 | health care, I don't think we have a minute to waste. |
| 0:23.0 | So part of this is that if you actually produce a net better service, |
| 0:29.0 | it doesn't mean that you're going to get paid for it. |
| 0:31.0 | That was actually the really sort of incredibly painful lesson we |
| 0:34.1 | weren't from the first time that we built Athena. They were really built to |
| 0:38.6 | react to catastrophe. So they're great at acute care when the fit hits the sham, right? |
| 0:43.2 | They're massively under-invested in, under-supported in preventing catastrophe. |
| 0:47.8 | So why is that a tech problem? Like where does tech fit into this? At A16Z's recent LP Summit, |
| 0:55.0 | we brought together hundreds of our limited partners |
| 0:58.0 | and portfolio founders back together again in Las Vegas. |
| 1:02.0 | The event was truly overflowing with stories of how |
| 1:05.0 | founders are challenging the status quo and harnessing technology to make the |
| 1:09.2 | world a better place. However, there are two industries where there is no question that |
| 1:15.5 | lives are literally on the line, public safety and health care. Yet these are also |
| 1:21.5 | two arenas for technological innovation that despite being so critical |
| 1:26.4 | are also often equally misunderstood. |
| 1:29.8 | And that is why we've chosen to open up two of the summit sessions to the public to really show what a better version of the future can look like. |
| 1:38.0 | Even in industries where technology is not always celebrated. |
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