Wednesday, February 25, 2009

Personal: a note on venture capital, post-Fannie/Freddie

"Life is hard," wrote M. Scott Peck, M.D.

SHEESH! No kidding! Just a year ago, so many things seemed possible. Now -- VC for bio-tech appears lifeless.

But yesterday, an MBA/JD of the HSW variety (Harvard-Stanford-Wharton) said "for the right opportunity, there's still capital. If the opportunity is big enough."

Medical Onshoring (patent-pending) is my mission in life. With a budget as large as the French economy, U.S. health care has plenty of assets to attract investors.

I decided to return full-time to health care for a lot of reasons. A key one: in technology, you get used to people, running into your office with their hair on fire, every other hour. At this stage of my life, I decided I needed to do something more meaningful and purposeful.

The meaning and purpose of MedOn (pat. pend.):
  • to provide working people with affordable, high-quality medical-care options;
  • try to help contain the frightening rise in medical-care costs; and
  • raise the standard of medical care for working people, worldwide.
A lot better than people running around with their hair on fire, eh?

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