Joe Eibl, the CEO and co-founder of Flosonics joins the podcast to discuss building a medical device for measuring blood flow non-invasively.

• The first prototype
• Raising that initial friends/family round
• Raising $20m
• Creating devices that actually benefit patients
• Publishing peer-reviewed literature

Flosonics Medical -- https://flosonicsmedical.com/

Joe Eibl -- https://www.linkedin.com/in/joe-eibl-570909158/

Ronak and Greg discuss where they've been the past week or so and what they've been up to. Throw in a couple references to Bezos, Jobs, Buffett. And hear us discuss thinking through a new startup idea and whether we will do anything about it.

Join the newsletter -- thephysicianjobboard.substack.com

Ronak interviews Greg on all the tools and resources he uses to get an Airbnb up and running smoothly!

• Using your brokerage account to your advantage -- Schwab
• Negotiate offers in this down market
• Find new ways to finance the home outside of traditional banks -- Better.com, Ally
• Tools to buy, store, and build furniture -- Minoan, Arnoff
• Price adjustments on Airbnb listing to maximize profit -- Pricelabs
• And much more!

Join the newsletter -- ⁠https://gregoryhansonmdmph.substack.com/⁠

Greg and Ronak discuss a couple recent cases of overt fraud from startups trying to pitch us for an angel investing.

• How to perform due diligence on cold outreach
• How to test a founder to make sure what they are building is real
• Don't forgot to trust your gut -- if it sounds too good to be true, it probably is

Join the newsletter -- https://gregoryhansonmdmph.substack.com/

On today's episode, Greg and Ronak chat about the cryptocurrency industry with specific topics including:

-What is value proposition of cryptocurrencies

-Securities vs. Commodities

-What makes Bitcoin different

-How valuable is this space

-Only invest in what you really know well

Greg and Ronak discuss the a16z and General Catalyst backed startup -- Hippocratic AI -- after a new Forbes article details the founder, Munjal Shah's past with HealthIQ and the numerous lawsuits that have emerged from vendors.

Forbes Article -- https://www.forbes.com/sites/katiejennings/2023/06/12/lawsuits-allege-this-startup-ripped-off-millions-from-vendors-andreessen-horowitz-backed-the-former-ceos-new-company-anyway/?sh=308821e73268

Join the newsletter -- https://gregoryhansonmdmph.substack.com/

Jeff Bezos ( Amazon.com ) - Amazon Link

Elon Musk ( Tesla and SpaceX ) - Amazon Link

Steve Jobs ( Apple ) - Amazon Link

Kobe Bryant ( Basketball ) - Amazon Link

Michael Jordan ( Basketball ) - Amazon Link

Phil Knight ( Nike ) - Amazon Link

Dr. Jennifer Schneider joins the podcast to discuss going from hospitalist to Director at Castlight and working her way up to Chief Medical Officer.

• Taking Livongo public PLUS the merger with Teladoc
• Joining General Catalyst as an entrepreneur in residence (EIR) and joining forces to create Homeward
• Homeward's approach to rural healthcare -- click n' mortar
• What is Jenny's goal with Homeward?
• Raising $70m from General Catalyst, ARCH, and Human Capital
• Her thoughts on physician entrepreneurs

Homeward -- https://homewardhealth.com/homepage

Dr. Schneider -- https://www.linkedin.com/in/jenniferjaneschneider/

Join the newsletter --> https://gregoryhansonmdmph.substack.com

Greg and Ronak discuss M&A and how to position your startup for acquisition.

• Developing relationships with corp dev
• Using a new raise to create FOMO
• Are Investment Bankers worth their price?
• How to get the highest valuation possible
• Differences between acqui-hires, strategic acquisition, and revenue capture (Private Equity)
• Should you take cash or equity

Greg: https://www.linkedin.com/in/gregory-hanson-md-mph-95671a5a/

Ronak: https://www.linkedin.com/in/ronakp1/

Join the newsletter --> https://gregoryhansonmdmph.substack.com/

Greg interviews Shiv Rao, MD the co-founder and CEO of Abridge, an AI clinical documentation company that is focused on making physician's more efficient and reducing burnout/moral injury.

• Shiv's clinical training in internal medicine and cardiology
• Jumping into venture capital with UPMC
• Origins of Abridge and why he wanted to solve this specific problem
• Raising capital from amazing investors at Union Square Ventures, Bessemer and more
• How does Shiv think about building a product that is really meant for him and other practicing physicians, nurses, clinicians
• Thinking through burnout and moral injury given the impact on physician time and efficiency while using the Abridge product

Check out Abridge -- https://www.abridge.com/

Connect with Shiv -- https://www.linkedin.com/in/shivdevrao/

Fred Wilson Blog -- https://avc.com/

Join the newsletter --- https://gregoryhansonmdmph.substack.com/

Greg discusses Apple's newly announced product -- Vision Pro -- which is an augmented reality headset.

Watch the Apple announcement and marketing video here -- https://www.youtube.com/watch?v=TX9qSaGXFyg

Apple Vision Pro -- https://www.apple.com/apple-vision-pro/

Join the newsletter -- https://gregoryhansonmdmph.substack.com/

Greg and Ronak discuss a subject that probably should be talked about more often -- cold outreach to potential clients. It's not always fun to do it but it needs to be done to grow that startup from idea to revenue.

• LinkedIn Sales Navigator
• Octopus -- automate LinkedIn connecting and messaging
• SeamlessAI -- find any contact, anywhere, anytime
• YesWare -- easy to create email campaigns within your gmail account
• How to write cold outreach messaging

Octopus -- https://octopuscrm.io/

YesWare -- https://www.yesware.com/

SeamlessAI -- https://seamless.ai/

Join The Physician Job Board newsletter -- https://gregoryhansonmdmph.substack.com/

Greg interviews the CEO and founder of Chartnote

• Bootstrapping Chartnote from 0 to 7000 users
• Why not raise venture capital?
• How ChatGPT/LLMs have changed Chartnote's product
• AI scribe plus a demo with a quick case of a 78F presenting with fever and cough
• Where does Dr. Bonilla want his startup to go?
• What is on the product roadmap

Chartnote: https://chartnote.com/

Chartnote AI scribe: https://referral.chartnote.com/ai-scribe

Gerardo Bonilla, MD -- https://www.linkedin.com/in/gerardo-gb/

Demo: https://youtu.be/1diM-KxJBOE

Ronak and Greg dive into another fundamental aspect of building a startup - how to actually pitch investors.

• Resources to find active venture capitalists and angel investors -- TechCrunch, Crunchbase, LinkedIn, Google, Twitter/other social media
• How to research a venture partner/associate/principal to find the right person at a firm
• How do you get their email address?
• How to approach the cold email - hint: make it personal and show that you have actually done a bit of work to understand their investing thesis and interests
• Booking that first pitch meeting
• Run through slides or free form pitch?
• Follow-up with the partner or slow play it?
• How to read an investor

Join the newsletter -- https://gregoryhansonmdmph.substack.com/?utm_source=substack&utm_medium=email&utm_content=share&action=share

Ronak and Greg go deeper into one of the fundamental components of building a startup -- the pitch deck.

• Go slide by slide to understand what needs to be in an early-stage pitch deck.
• Team slide -- who goes on it and what vital information do you need?
• Introduction -- what are you building
• Problem statement -- how well do you know the problem you are looking to solve?
• Solution slide -- concise yet complete understanding of how your product/business will solve these challenges within your target customer group
• Features you are going to build -- show VCs what your product roadmap looks like
• Competition slide -- who is already in the startup scene doing something similar to you and why are you different?
• Raise slide -- how much are you looking to raise, what are the deal terms, what are funds going to be used for?

Join our newsletter --> https://gregoryhansonmdmph.substack.com/?utm_source=substack&utm_medium=email&utm_content=share&action=share

Slide Bean Pitch Deck Videos -- https://www.youtube.com/watch?v=iu8d2Kd8e4o

Airbnb Pitch Deck -- Raising $600k -- https://slidebean.com/blog/airbnb-pitch-deck

Ronak and Greg discuss some of the more practical and tactical advice on how to actually validate a startup idea and take it from nothing to MVP and beyond.

• Validating your idea -- how to test if someone actually wants it
• Building out landing pages or sending out messaging for the product before it's built
• How to get some initial revenue traction
• Forming a Delaware C. Corp
• Building out your MVP on the cheap
• Find your co-founders
• Splitting equity with co-founders
• Raising capital
• And so much more!

Join the newsletter --> https://gregoryhansonmdmph.substack.com/?utm_source=substack&utm_medium=email&utm_content=share&action=share

https://www.physicians.vc/

Ronak and Greg discuss the variety of ways in which physicians can get involved with startups from pre-seed all the way through pre-IPO companies.

• Full-time employment
• Part-time/consulting
• Medical advisory board
• Board of Directors
• Chief Medical Officer
• Investing

On today's episodes Ronak chats with the leaders, Muthu and Veeresh, from Kencor Health. They discuss entrepreneurship, technology, and how remote healthcare management can be game-changing in the way hospitals operate.

Kencor Health: https://www.kencorhealth.com/

Muthu Krishnan: https://www.linkedin.com/in/muthu-krishnan-34968012/

Veeresh Nama: https://www.linkedin.com/in/veeresh-nama-chcio-049a842/

Ronak and Greg discuss who Ronak believes to be the most powerful/influential person in the world -- Larry Fink.

• BlackRock -- history, what they do, what investments have they made?
• ETFs -- who controls those voting shares?
• Buffet & Berkshire vs. Fink & BlackRock -- market cap discussion
• Larry Fink and his estimated net worth
• Why Fink only owns 0.7% of BlackRock as the founder and CEO
• Public vs. Private companies

Financial Review Article -- https://www.afr.com/wealth/investing/wall-streets-us6-trillion-man-larry-fink-is-now-personally-worth-us1-billion-20180417-h0yuvk

In today's episode, Ronak interviews the CEO of ShinyDocs, Jason Cassidy. 

ShinyDocs recently raised a Series A investment with First Ascent Ventures as their lead investor.  This interview touches on the following questions:

-Why can software companies iterate very quickly?

-What is the primary product ShinyDocs offers?

-How does ShinyDocs think about privacy concerns?

-What is the value proposition to customers?

-What makes a good investor?

ShinyDocs: https://shinydocs.com/

ShinyDocs raises $16.25m in a Series A: https://www.finsmes.com/2023/03/shinydocs-raises-16-25m-in-funding.html

Jason Cassidy: https://www.linkedin.com/in/jcassidy/

Ronak: https://www.linkedin.com/in/ronakp1/

https://www.physicians.vc/