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Story of AOL, VC round, IPO. How 3rd wave using tech to create content, context and community
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Third Wave = internet integrated in our lives
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The healthcare tech disruption
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Opportunity: misdiangsis, lack of actionable data, paper records
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Fitness tracker. detect vital signs remotely
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Education: virtual dashboard, remote learning, marketplace teaching materials, democratized
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Food: track food temp, remain fresh
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How exec team, M&A, board, bad press go awry because of different people running management. Tried to buy Google & Apple but board ignored the idea.
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Culture trumps strategy, always
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Personal emotions affect professional decision. Reflected his mistake, could have repaired burned bridges, work out relationship and managed mistrust.
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Then started a VC firm, Revolution to back next gen founders.
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Gov role in 3rd wave: innovator, customer and client
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Immigration laws, openess