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Old 07-28-2022, 02:05 PM   #1381
Fernando
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Wow, i'm stupider than i thought, i literally understood none of that.
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Old 07-28-2022, 06:14 PM   #1382
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Quote:
Originally Posted by Damix View Post
Yea it is a good question. We've started a new L1 based on bearer shares instead of a UTXO model which is extremely novel so one half (ish) of our company is tangibly connected to the greater blockchain world now. Our recently closed investment round came in at about 25% of expected (money in) as it coincided with this landslide crypto market.

Overall our enterprise applications don't really suffer, there have always been the questions we get at the beginning to explain the difference between what we do vs bitcoin (or whatever), once we're through that (and I've got that speech down so much I can do it in my sleep), its like any other application sale - can we solve a real world problem effectively and efficiently.

Our bigger pitches have swung a little back to the -we solve problems- instead of -we tokenize assets- I think is the biggest outcome of the market slipping.
Interesting... potentially painful miss on investments, but I think that's currently going around anyway - we're certainly getting more oversight and no one seems to be excited about funding lossy growth right now.

That seems like the less sexy but maybe more sustainable pitch, too.

I keep finding myself trying to think about where web3 intersects with health care. I think there are going to be a lot of dumb pitches and flash companies that want to blockchain all the things, but I'm imagining there's a lot of picks-and-shovels opportunities that haven't occurred to me yet.

But it's good to know that people aren't solely dumb, panicky animals around some of the underlying tech.
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Old 07-28-2022, 07:07 PM   #1383
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Self Ownership over health records is the intersection point. If you can find a way to individually monetize peoples records and let them share in that I believe it could be a big thing.

I was musing on this the other day as we’ve made some pitches on the sort
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Old 07-29-2022, 03:19 PM   #1384
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Interested in why you think so... (IMO) Generally my health record has no value to me or anyone until and unless I'm really sick, and even then, it has relatively limited utility since the incentives on care are focused mostly on annual visits and associated data. My healthplan would love to know that I had diabetes last year, but knowing that doesn't matter unless they can get me to see a doctor this year. My doctor is also going to be incentivized on getting me back in, rather than just knowing I have the condition (and I'm incentivized to provide details already to make sure my care is well-managed). Care management is revenue. Medicare also makes a lot of the places where it becomes lucrative irrelevant, since they're sharing the data regardless.

I feel like there's something in access - like, how do you take the OneMedical model, but make it appealing and usable to people who aren't wealthy and living in one of like, 4 big cities that have fantastic access to doctors already? How do you disconnect that from insurance without breaking catastrophic care? I can talk myself into an argument that a better patient data model makes sense if it's, say, in service of high quality telehealth, that can disconnect the provider and provider group from the payer and from prior providers, but then I think the incentive for me is on having vastly better access to any provider, any time, than on selling my data to the next plan/group I'm working with.

I dunno - but I think access to care is the massive healthcare unlock in the next twenty years. Whoever solves it wins a lot of <65 dollars. Everything else is window dressing.

Last edited by njx9; 07-29-2022 at 03:27 PM.
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Old 08-12-2022, 01:43 AM   #1385
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When China's economy collapses with the USD be worth less or more?
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Old 11-02-2022, 02:05 PM   #1386
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Might be worth a few minutes to see where you are parking your e-fund. I generally keep 6 months worth of expenses in cash which is a non trivial amount - moved it over to a new Cap1 performance savings account to bump interest from .3 to 3, so at least it’ll pay for my burritos every month.
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Old 11-02-2022, 02:22 PM   #1387
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I've been with Ally for the past 4 years. They're up to 2.5% currently
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Old 11-12-2022, 05:46 PM   #1388
Kyle
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This FTX story is wild. Enron level shit.
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