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Entrepreneurial Thought Leaders (ETL)

Hank Wuh (Skai Ventures) - Disruptive Innovation Can Happen Anywhere

Entrepreneurial Thought Leaders (ETL)

Stanford eCorner

Business, Life Lessons, Creativity, Startups, Strategy, Thought Leadership, Education, Stanford University, Leadership, Challenges, Journey, Culture, Etl, Innovation, Founders, Stanford, Entrepreneurship

4.5740 Ratings

🗓️ 16 January 2013

⏱️ 50 minutes

🧾️ Download transcript

Summary

Surgeon, inventor and entrepreneur Dr. Hank Wuh shares examples of how his firm, Skai Ventures, based in Hawaii, takes a hands-on approach to launching high-growth businesses. Wuh explores the challenges of identifying disruptive innovations that are commercially viable and building profitable companies that aim to do good in the world.

Transcript

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0:00.0

You are listening to the DFJ Entrepreneurial Thought Leaders series, brought you weekly by the Stanford Technology Ventures Program.

0:10.3

You can find podcasts and videos of these lectures online at eChorner.standford.edu.

0:18.1

I was very lucky to be introduced to Hank a few years ago by a mutual friend. He's from Honolulu,

0:24.8

but he is demonstrating that the entrepreneurial spirit is alive and well in every corner of this planet.

0:33.1

As a tradition with us, we put people's bios online so we can minimize the introduction.

0:38.0

So just go, if you haven't already, go take a look at what he's done with Sky Ventures

0:42.6

and the number of different kinds of inventions that he's come up with, but has turned

0:47.0

them into companies.

0:48.5

So without further ado, let's welcome a graduate of Johns Hopkins, a graduate of Harvard University,

0:54.0

but he did his residency here at the his residency here at the Stanford Medical School.

0:58.4

So let's welcome back from Honolulu, Hank Wu.

1:04.6

Hello, everyone. It's great to be here. Can you hear me okay in the back? Yes?

1:29.3

Now, first of all, I want to know how many people are from Hawaii here in this room? How many people have been to Hawaii? How many would like to go to Hawaii? Okay, this room has good judgment. I know that. It's great to be here. I have very fond memories in my days at Stanford. The biggest memory in my head was when I was doing my surgical residency at Stanford Medical Center.

1:34.3

I was resident, chief resident at Stanford. I was so poor that I bought a Cadillac for about $600.

1:42.3

And it was a great car except for the fact that it didn't have a reverse gear.

1:47.3

So I could only drive forward but not backwards.

1:50.4

So it took a lot of extra time to look for parking stalls

1:53.1

where I could drive forward at the end of my shift.

1:57.2

And the headlights didn't work.

1:59.0

So when I'm driving on the freeway, I have to turn on the emergency blinker

2:01.6

so I could seat the road every other second, basically.

2:05.6

But I have really fond memories.

...

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