On September 27, 2019, SVTC + Constellar Ventures hosted its third annual Silicon Valley Science and Technology Forum at the venerable Computer History Museum in Mountain View, CA. Seventeen Silicon Valley-based veterans from the field of biomedical technology were invited as speakers to discuss the impact of new technologies on the healthcare industry.
Following the third panel discussion: HealthTech + VC, the conference dived into its last panel to start drill down into the various topics of Healthcare. Last panel began with the topic “Healthtech + Future” moderated by Lise Feng (Founder of LF Consultancy and a contributor to Forbes and Thrive Global), Jeff Herbst (Vice President of Business Development and Head of Nvidia GPU Ventures), Alireza Masrour (General Partner of Plug & Play), Fred Toney (CEO and Co-Founder of Launchpad Digital Health) as panelists.
Key takeaways from this panel:
“If you have a good idea, you just get going. To some extent, you can argue that some of the best companies in the world have been started during downturns because they're forced to really think through their business plans economize, and not waste the money that they're given.”
- Jeff Herbst, Vice President of Business Development and Head of Nvidia GPU Ventures, Nvidia
“In any space in Silicon Valley, we believe in the future, and companies are preaching to the future. If you see the companies are printing cells, what's the outcome of that? They're going to print kidney or heart.”
- Alireza Masrour, General Partner, Plug & Play
“In 10 years, Apple will be the biggest medical device company in the world. Apple, Amazon, Google, Fitbit and a lot of technology companies are keenly interested in healthtech. I think it's the biggest market that they eye currently, so there will certainly be some winners.
- Fred Toney, CEO and Co-Founder, Launchpad Digital