Learning with Rishad Rishad Usmani

Sahir Ali is a the founding general partner of Modi Ventures, an early stage venture fund investing in tech-bio startups. He is also an LP in multiple funds including Draper Associates and Khosla Ventures. He is an accomplished entrepreneur and investor. We discuss his path to launching a venture fund, founder selection, decision making and more!
Rishad Usmani: https://www.linkedin.com/in/rishadusmani/
Healthtech Investors: https://www.healthtechinvestors.com/
Sahir Alir: https://www.linkedin.com/in/sahirzeeshan-ali/
Modi Ventures: https://www.modivc.com/

2:10 Why launch a venture fund?
5:40 Hyper vs diligence
7:40 Product vs founder
11:34 Niche down or shotgun approach 
14:40 Single gene mutation therapeutics 
19:10 LP relationships
24:00 Decision making framework
28:10 Portfolio construction 
37:40 What is the ideal emerging manager?
45:30 Process vs outcomes, incentives
49:40 Digital therapeutics
52:52 Momentum investing
57:35 Structure vs intuition
1:01:55 First mover advantage
1:06:40 War time vs peacetime ceo
1:10:10 What's different about healthcare
1:11:30 Can an outsider be successful in healthcare?
1:14:40 What is your contrarian truth?
1:18:40 Is VC a game of picking the best founders or making them?
1:22:40 Intelligence vs consciousness 

Key takeaways: Selling a product or interviewing for a job isn’t about you, its about the customer, the user and the company respectively. Identify the world as it is, recognize the incentives and levers in place. After doing this, the path you should follow will be easier to pick. The easiest way to build a product is to build something for your past self. Books mentioned: Good to great by Jim Collins: https://a.co/d/8JGAoUx Naval Ravikants Almanac: https://a.co/d/ijoCcEv Rishad Usmani: https://www.linkedin.com/in/rishadusmani/ HealthTech Investors: https://www.healthtechinvestors.com/

I am grateful for Akhilesh Pathipati, MD, MBA to share his journey, experience and knowledge! We talk about: 1. His journey in venture capital 2. AI in Healthcare 3. Profitability in Healthcare 4. Health system design 5. Future of medical education 6. His investment criteria 7. And more! Akhilesh Pathipati: https://www.linkedin.com/in/akhileshpathipati/ MVM: https://mvm.com/ Rishad Usmani: https://www.linkedin.com/in/rishadusmani/ HealthTech Investors: https://www.healthtechinvestors.com/

Zain is someone I have known and become friends with over the past year. I am a big fan of his progress so far and can't wait to continue following his journey. It was a pleasure to have the opportunity to speak with him about his journey into healthcare startups. We talk about:
Humility
Healthcare EMR's
Clinician Entrepreneurship
Clinical Trials in Oncology
Will AI replace clinicians?
The future of clinical notes

Owen Willis is the Founder and General Partner at Opal Ventures. He was previously the Chief Operating Officer at Osmosis and Program Partner at On Deck. We talk about: Introduction and childhood Gender and Race Teaching as a profession Can humility be taught How to hire and onboard How to build a team and scale a startup Solo vs team work Is early stage investing a game of picking or making winners? How to identify the laggers in your investment portfolio Success, failures and market tailwinds Investing in healthcare startups Profitability in healthcare Future of training in healthcare Introspection, philosophy and reflection Owen Willis: https://www.linkedin.com/in/johnowenwillis/ Opal Ventures: https://www.opalventures.com/ Rishad Usmani: https://www.linkedin.com/in/rishadusmani/ HealthTech Investors: https://www.healthtechinvestors.com/

It was amazing to have both Saumitra Thakur and Amit Mehta, MD join me for this webinar. Both have been an inspiration for myself in finding my path. I am incredibly thankful for:Saumitra for sharing his frameworks and schema's on venture capital and life.Amit for sharing his journey, learnings, mistakes and advice for breaking intro venture.We talk about:Different paths to running a venture capital firmHow physicians can get involved in venture capitalShould physicians pursue and MBAValue of your network and track recordGenerative AI in healthcareDiagnostic testing in psychiatry