Hemanth Setty

Harnessing Proprietary Information for Strategic Healthcare Investments Healthcare investments offer a unique combination of financial returns and the potential for significant social impact. For family offices and discerning investors, navigating this complex landscape requires more than just capital—it demands strategic insights fueled by proprietary information. The Foundation of Strategic Investment: Proprietary Information In the investment world, knowledge is power. This is particularly true in the healthcare sector, where regulatory landscapes, technological advancements, and policy changes can drastically impact the viability and potential of investment opportunities. Access to proprietary information gives investors a critical edge, enabling them to: - Anticipate Market Movements: With insights into healthcare policies and emerging trends, investors can position their portfolios to capitalize on upcoming shifts in the market. - Enhance Due Diligence: Tailored underwriting and due diligence tools grounded in exclusive data can highlight risks and reveal hidden potentials in investment prospects. - Maximize Value Creation: By understanding the intricacies of the US healthcare economy, investors can devise strategies for long-term value creation, rather than short-term gains. Empowering Family Offices Family offices often seek investments that offer both competitive financial returns and the opportunity to create a positive legacy. By refining investment platforms to address the specific needs of these entities, such as instant diversification and upside capture, they can achieve their financial and legacy-driven goals. These platforms can provide: - Market Insights: Curated intelligence that focuses on the most promising healthcare segments. - Educational Resources: In-depth content to deepen the understanding of healthcare technology trends and investment strategies. Building Relationships and Trust Investing is not just about the numbers; it's also about people. To attract and retain high-potential family office prospects, investment platforms must foster empathy and engagement. This involves: - Offering Exclusive Rights: Providing access to follow-on deals and direct investment opportunities with board or advisory roles. - Understanding Emotions: Addressing fears of missing out on prime opportunities due to geographical limitations and dissatisfaction with average investment options. - Creating Community: Facilitating a network of like-minded investors focused on collaborative, high-impact healthcare investments. Harnessing proprietary information is critical for making strategic healthcare investments that offer significant financial returns and contribute to the betterment of society. If you like to learn more about strategic healthcare investments or discuss your specific investment goals and how proprietary information can be leveraged to achieve them? Please feel free to reach out or leave a comment below.

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Why more boards need to have a brand strategist For years now I have been consulting LPs, VCs, and Their portfolios Every time we do stakeholder interviews here are the outcomes: - We didn't think of that - This is a much better way to look at it - This will help the company get more market share What leads this to be the case? - My Strategic guidance? Yes. - Interactive Facilitation? Yes again. - Aligned Positioning for brand impact? Bingo! But why aren't the board able to do that? - Well everyone has their key skill - And while they know how to grow - An external consultant can help scale it But that's not it! As a brand strategist, I have helped - Create an audience differentiation and association - Scale growth and profits - Align direction! Both internally and externally This gives the brand a larger vision and a culture to lead it This is why more company boards should have a brand strategist Want one? We have 3 more slots for my advisory portfolio Reach out! Always, Arcui #boardadvisor #brandstrategy #VC #marketshare

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We're excited to announce the launch of BCG X's Social Impact Accelerator!🚀 This is a platform that elevates innovators and change-makers, by providing them with the resources and support they need for expansion and impact generation. Open to startups, NGOs, and social innovators based in Europe, the accelerator program aims at facilitating the execution of their remarkable ideas that intend to create measurable social impact. These can range across various fields such as sustainability, social equality, education, and more.🌍🪴👫📚 We are accepting applications for our program until May 13th. The chosen innovators will get the chance to leverage the extensive BCG X network, gain access to valuable resources and mentorship, and the opportunity to capitalize on transformational thinking that will drive societal change. At BCG X, it’s our firm belief that social innovators can transform the world we live in. We are committed to driving positive change, and we know that the journey is just as important as the final destination.💡🚀 Whether you're an established organization looking to scale further or a startup striving to make your mark, this opportunity could be the catalyst for your ideas to evolve and thrive. This is a chance to join a community of like-minded innovators and become part of a growing movement that is not just about solving problems, but also about finding new ways of doing things that create positive impact. Take the plunge and seize this opportunity!🏊 The procedure to register for the BCG X Social Impact Accelerator is quite straightforward - all you need to do is fill in the online application form. With the clock ticking, we encourage you to apply at the earliest and get set to leverage this platform that harbors great potential.⏱️ We look forward to reading all of your innovative ideas and the potential impacts they might have. Together, we can build a more sustainable and inclusive future!🤝 Let’s make a difference together, and let’s start today!🌟

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Key takeaways from VC Goat - Vinod Khosla podcast. - The firm cares more about working on interesting problems with large technical solutions rather than just maximizing IRR. The team is there because they believe in the mission. - Khosla assumes they've lost the money the day they invest, and then maximizes for the upside opportunity. He calls it "option value investing" rather than IRR investing. - Khosla has contrarian bets in AI (neuro-symbolic computing, probabilistic approaches), biotech, robotics, crypto, and more. - He believes aviation fuels, fusion energy, new transit systems, and other contrarian areas ignored by most investors will be huge opportunities. - Most large innovations come from outsiders, not industry insiders. Khosla looks for founders who can learn a business rapidly rather than have deep domain expertise. The Future Impact of AI - AI will be deflationary and increase productivity growth to 4% annually vs the typical 2% forecast. This will cause great abundance but also increasing income inequality. - Bipedal robots will take over most manufacturing and manual labor jobs within 20-25 years. This will free humans to be more creative and pursue their passions. - Education will shift from job training to creativity. Uniquely human elements like taste and curation will be most valued in an AI-enabled world. https://lnkd.in/gqBsmbks

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Massachusetts in 2024 is home to the most climate tech startups per capita in the country. They thrive at institutions like MIT and Greentown Labs, turning big ideas into tangible solutions. But we struggle to keep them here. States from coast to coast are wooing away entrepreneurs and employers. These places facilitate demonstration programs, connect companies to trained workers, and provide access to real estate for manufacturing. The Mass Leads Act rebalances these incentives, directing capital investments and tax benefits that keep these innovators in Boston for the long term and encourages others to join them. #climatetech #climateVC #venturecapital

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A SAFE and convertible note had a baby and Wilson Sonsini Goodrich & Rosati was the midwife- out popped the D-SAFE! 👶🏽🎉 A new #climatetech funding instrument was announced by Elemental Excelerator last week. One of the company’s main goals is to support smaller, up and coming companies during the awkward “Scale Gap” phase between #VC funding and natural growth. It’s called the #DSAFE (Development Simple Agreement for Future Equity) and it aims to aid the process by giving companies a small amount of cash to overcome initial risks and expenses during the developmental stages of a product launch or company. How does it work? D-SAFE has a redemption clause meaning companies can choose to have their payments offered as a loan or convert to equity at the investor’s discretion. Funders and companies will have clear communication and expectations about where the money is going and how it will be applied to either the company or the projects at hand. Financiers and companies will work together with more #transparency, and that’s a great boon for #startups and VC alike. As of this month, Elemental has already invested using D-SAFE in eight different companies, including Dimensional Energy and Origen — both companies investing in innovative and out-of-the-box solutions to environmental issues! Seems like a win-win on the surface. What do you all think about the D-SAFE? Alfredo Coppola Momoka Ueda Tim Wagner Stephen D. Torres Olya Irzak Natsuho Toyama Noriya Tarutani Shin Ogawa

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Earlier this year, Forerunner put out a research report on how consumer startup performance stacks up to enterprise, based on an analysis of 7,800 post series B startups. We found that consumer startups go on to perform just as well — if not better — than their enterprise counterparts: as likely to go public, as likely to fetch 10x revenue multiples at IPO, and more likely to surpass the Rule of 40. We received lots of interest in the report and the underlying data, so today, we’re outsourcing the larger body of research we did to produce the analysis so people can look through the numbers themselves. As a part of this, we’ve also clarified how Forerunner defines a consumer company: 1) companies where the consumer pays for a product (”consumer-paid”), or 2. companies where revenue relies on consumer engagement, behaviors, or spend (”consumer-driven”). In this report, we compared both of these consumer categories to enterprise for a more specific view on how each performs — and to address those who might have wondered if the Shopify and Toasts of the world skew the numbers in favor of consumer (turns out, they don’t). Check out the full report in the comments and let us know what you think:

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Excellent article by Kaihan Krippendorff & his team on how high-growth companies are using a new strategic playbook to innovate and achieve business growth. These companies are moving away from using strategic frameworks like SWOT analysis, Competitive Advantage and Disruption to using 6 new strategic concepts. The team identified 15 pairs of companies (Nvidia vs. Intel, Microsoft vs. Oracle, Netflix vs. Paramount, Tesla vs. Ford, and Hibbett vs. Foot Locker), where one significantly out-performed the other across at least three of four measures: current operating margin, revenue growth (over the last five years), improvement of operating income margin (over five years), and growth in enterprise value (over five years). They found 6 strategic concepts that would be counterintuitive to the old board rooms. 1. Borrow someone’s road- Nvidia’s partnership with British software design company ARM. 2. Partner with a third party- Microsoft’s decision to make Office available on Apple’s iOS devices. 3. Reveal your strategy- Deere & Co strategically & openly invested in precision agriculture technologies. 4. Be good- McKinsey & Company suggests that companies with a high rating for ESG factors enjoy “faster growth and higher valuations than other players in their sector by a margin of 10-20% in each case.” 5. Let the competition go- Ferrari entered the SUV market only in 2022, 25 years after Mercedes Benz. First movers advantage is passe it’s about identifying “the strategic inflection points” at which the cost of waiting exceeds to cost acting — in other words, identifying the most strategic point to enter a market or adopt a technology, balancing the risks and opportunities based on market readiness, technological maturity and organizational capacity. 6. Adopt small-scale attacks- Tesla’s approach to battery manufacturing. The company adopted a modular approach to building its $5 billion lithium-ion battery factory in Nevada. Rather than waiting for the entire facility to be operational, Kaihan looking forward to having you on the podcast.

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In the last year, VCs have poured billions of dollars into #generativeAI technology. Obviously, many have been wondering how big of an economic #disruption this will leave on our industry in the long run. This article from PitchBook is mostly speculative, but it’s asking a bold question — with the development of #AI, is this the end of #VC funding as we know it? James Currier, founder of NFX has once stated that we are in “the final 10 years of venture capital as we have come to know it.” As technological efficency rises, it will shake up the structure of our industry and reduce the amount of people working in VC. I understand where the concern comes from, but I also echo the sentiment from Leah Hodgson’s article. There’s a strong human element that is still needed in VC funding, and at least in near future, AI cannot replace the valuable insight and intuition humans offer, especially in the earlier stage of #seed funding. #AI will certainly help us make better, informed decisions — but it’s about co-existing the technology and using it as a #tool, not a substitute for workers. Hamza Farooq

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💡Benchmarks in the investment industry serve as a standard for measuring the performance of securities, mutual funds, or investment managers. They provide a reference point for analyzing allocation, risk, and return of a portfolio, enabling investors to make informed decisions. Thanks Peter Walker for keeping us all informed!! Can’t wait for this!! Follow and get on the waitlist for this one! #benchmarks #fundraising #Capitalraise #founders #womenshealth #femhealth #medtech #wellness

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Three lessons from building and launching a P2P payments app without doing the proper customer validation first (despite knowing better): 1) Building something you need is a great starting point - but not enough to validate an idea. As someone drawn to building solutions, I’m an early tech adopter. This led me to overestimate consumers’ willingness to onboard, especially with a P2P payments app that requires KYC/KYB compliance and relies on a network effect to be useful. 2) Manual solutions are often best to start with It’s good business to be in business - transitioning from ideating to operating as early as possible is the BEST way to learn effectively. While the move fast and break things mindset has attracted well-deserved skepticism, getting stuck in a multi-year build trap distracted me from critical real-world validation. 3) Consumer appetite shifts quickly In my case, the proliferation of free and instant P2P payment options like Zelle added additional pricing pressure that I couldn’t compete with. This disincentivized the consumer event/payment collection market, turning my bottom-up go-to-market strategy upside down. Pitch (https://www.pitch.fun) is currently on the back burner as I’ve begun building custom solutions in various industries to sharpen my skills, solve specific problems, gain a hands-on understanding of operations, pain points, and workflows, and build a network of experts to lean on as I keep my eyes peeled for high-impact opportunities.

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“You can have a great product, but a compelling story puts the company in motion” - Ben Horowitz Understanding your company’s narrative is crucial when looking for investment. 🚀🚀🚀 Particularly in DeepTech where a good narrative makes complex ideas easy to grasp and compelling to hear. It involves more than throwing together some facts and figures; it’s about finding a message that resonates with your audience on a deeper level. It should never be a one-off effort. It should always be a continuous process of refinement through iteration, collaboration, and honest feedback. 🔁 What problem are you trying to solve? Have you asked your customers? Have you solicited honest feedback? In the end, it's about answering the all-important question… Why should they care? 🤘 #narrative #venturebuilder #deeptech Cambridge Future Tech

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VC funding in healthcare has been more resilient than in other industries. Here are some key takeaways from recent Carta data: 👉 At the priced seed, Series A, and Series B stages, dilution for health startups has noticeably decreased, while dilution for SaaS startups has stayed flat or increased slightly. 👉 In priced seed rounds, median dilution for healthcare companies dipped to 14.2%, compared to 20% for SaaS.  👉 The frequency of bridge rounds surged in the health sector in Q1, jumping to 44.3% from 36.9% in Q4 2023. This is the first significant increase in bridge rounds in healthcare over SaaS since early 2022. 👉 More founder-friendly terms for health startups may result from enduring VC interest since COVID. Healthcare has remained strong through economic turmoil, enabling higher valuations with smaller round sizes. What are the implications? The healthcare sector might see a rise in new ventures due to favorable investment conditions and lower dilution rates. The surge in bridge rounds suggests that certain sectors within healthcare face unique challenges that require interim financing solutions. Founders and investors in the healthcare space- what are your thoughts on this? I’d love to hear from you. If you know a founder innovating in healthcare, tag them in the comments! The Artemis Fund is especially interested in groundbreaking care tech companies. You can check out Carta’s full blog linked in the comments. If you haven’t read our latest blog on care tech, you’ll find that there too. #healthcare #caretech #fundraising

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How do you drive value when fundraising? In the absence of a clear guide, many founders and their boards will chart a steady and linear progression in value, supported by revenue or profit growth, starting at the implied valuation of the initial investment and heading towards a target valuation with valuation reference points to validate this approach. In determining the target value it is worth remembering that business values for scaling growing businesses are typically derived by considering three different methodologies - find out more in this article. https://lnkd.in/ejvNHabQ #fundraising #valuecreation #investments

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Suppose you are a VC, Early investor, or CIO trying to keep your eye on the industry trends. In that case, you’ve probably heard already about hallucinations, context shifts, and accuracy measurement problems in LLMs. These scary concepts kill motivation to invest in LLM-based projects and build RnD departments. Are they really so scary? Yes, but just for now, you have a good strategy to cope with them. Is this strategy already known? Yes, old but still one of the most effective approaches- knowledge graphs in combination with fresh new RAGs will allow you to keep your models free of hallucinations, stable in accuracy, and easily adaptable for context change. Btw, do you know that knowledge graphs are seeing as one of the most impactful AI enables during this year?🙌🏻 How big companies like Deutsche Telekom and Microsoft are seeing the future of LLMs adoption you can find here https://lnkd.in/d4B3t56z

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🚀 How are Private Equity GPs Adapt to Challenging Fundraising Market? In response to a tough fundraising environment, general partners (GPs) are adjusting fund terms to attract limited partners (LPs). A recent study by Paul, Weiss, Rifkind, Wharton & Garrison reveals key strategies and trends in the market: Key points: 1. Fee Discounts: In 2023, 38% of GPs offered early bird discounts on management fees, up from 18% in 2022. This trend reflects the increasing pressure on GPs to provide more attractive terms. 2. Extended Offering Periods: 27% of GPs kept their funds open longer than 12 months in 2023, compared to 11% in 2022. This extension gives LPs more time to commit capital. 3. Recycling Provisions: 53% of private equity funds limited recycling based on a specified time period in 2023, down from 73% over the past two years, showing more flexibility in fund terms. 4. GP Commitments: The average GP commitment to their own funds declined from 5.2% in 2021 to 3.9% in 2023. Only 15% of GPs committed 6% or more of aggregate capital to their funds last year, down from 22% in the previous two years. Despite these challenges, there are signs of recovery. Differentiated strategies such as infrastructure, opportunistic, and certain types of technology-related strategies are appealing to LPs. The easing of the denominator effect and an uptick in dealmaking are early indicators of market improvement. 📈 According to Marco Masotti, partner and global co-head of the investment funds group at Paul Weiss, "The fundraising market is more favorable towards LPs than it has been in many years, and the outlook is uncertain. However, we are in the early stages of a recovery, with LPs increasingly finding ways to provide liquidity and recommit to new funds." (Source: Paul, Weiss study - "GPs Hope to Lure LPs with Fee Discounts and Longer Offering Periods") #PrivateEquity #Fundraising #Investment #GPs #LPs #FeeDiscounts #MarketTrends #Recovery #PaulWeissStudy

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An intriguing perspective for both investor umbrellas and operating/portfolio companies. The AI family, and beyond the Gen AI hype, is poised to become our next indispensable team player and strategic growth partner. As we continue to explore AI's capabilities, new avenues for innovation and efficiency shall become more accessible and plausible.

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Early-stage VCs tend to view startups as grand narratives. Later-stage funds view startups as spreadsheets–ratios and metrics. Both are right (but incomplete). Companies need both story and spreadsheet to build a great and enduring franchise.

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A recipe for building an impact VC fund thesis 📋 by August Solliv, Author of Impact Supporters 👇 Why it matters.👇 Impact VC funds are gaining traction, but building a successful one requires careful planning and strategic choices. August Soliv outlines a comprehensive recipe, from defining your unique edge to filling market gaps and making core investment decisions. Whether you're a seasoned GP or new to impact investing, this guide provides a blueprint for aligning your fund with market needs and maximizing impact. For GPs, this means understanding geography, sector focus, investment stages, and more. The goal is to stand out, attract LPs, and drive meaningful change while achieving strong returns. Read the full article on EUVC Insights! 🔽 https://buff.ly/3Ws7iQy #venturecapital #startupfunding #Europe #EUVCInsights

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