CNBC September 19, 2017
- A recent article suggested that the digital health sector might be dead, with early-stage investors not getting their desired returns.
- This investor and operator says there’s still plenty of reason to be optimistic.
Earlier this month, my friend and industry colleague Rob Coppedge wrote a thoughtful post on the death of digital health, a space associated with too much hype and too little substance.
We agree that health care is really broken. It bankrupts our families, exhausts government discretionary spending, and leaves American industry at a global disadvantage.
However, here are a few divergent reasons for digital health’s (seeming) underperformance, which explains why early-stage investors aren’t getting the kind of returns they’re looking for:
- Incrementalism:Hundreds of startups...