MedCity News September 18, 2017
I was raised in a family of entrepreneurs who believed it was good (great, even!) to generate cash, and really bad to have to fire people because there isn’t enough money to keep them around. If such philosophies are wrong, then to paraphrase an R&B classic: “Man, I don’t want to be right.”
Earlier this month, Rob Coppedge, Echo Health Ventures CEO, published an essay for CNBC, titled in part, “Digital health is dead.” In it, Rob advances arguments asserting that the digital health venture market — he is looking at digital health startups, not products or services, per se — is marked by “underlying concerns that threaten the return profiles of overcapitalized digital health portfolios.”
Some of Rob’s admonitions...
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