By guest authors Irina Patterson and Candice Arnold Chris: Another major difference of the WINGS network is all of our angels come from a medical tech, devices, or biotech background. So, they’re not afraid of and they understand the regulatory challenges. One of the challenges we had with some local angels is that a lot
By guest authors Irina Patterson and Candice Arnold This is the forty-second interview in our series on financing for entrepreneurs. I am talking to Chris Rivera, co-founder of WINGS, the Washington Medical Technology Angel Network. Based in Seattle, the group invests in medical devices, diagnostics and healthcare IT, primarily in the state of Washington and
Hiro: I think this concept of empowerment is a really good point. I have not been here so long, but I think that now we are moving toward a more collaborate management style. It’s something that I’ve noticed quite a bit. The leadership takes input, and then they encourage people and try to build consensus.
By guest author Tony Scott Tony: Do you think [this idea of being more about the human touch] is happening now? Because that also changes the way you sell and deliver services overall. Five years in the future, will the mix of delivery people and customer interface people going to change in terms of where
By guest authors Irina Patterson and Candice Arnold Anu: The other thing people need to understand is that technology is becoming mainstream. When technology becomes mainstream, you get winners and losers. And what’s happening now is it’s getting harder and harder to be a big Internet player. And, you could say that for biotech, too,
By guest author Tony Scott Hiro: The dual nature of the cloud is where we spend a lot of time with the customers, saying, Okay, we can deliver in the cloud. Yes, that will create greater efficiency, but there’s also this other side where the technology itself can make you more efficient – it can
By guest authors Irina Patterson and Candice Arnold Irina: What is Sand Hill’s sector preference? Anu: It has to have technology or some sense of innovation to it. We’re not going to do a classic consumer goods company or a real estate company. It has to deal with technology in some way. Mostly, IT, some
By guest author Tony Scott Tony: In terms of the percentage of the business that you have right now, I assume that some is driven primarily by labor rate arbitrage. Obviously, labor rate arbitrage is a component of everything, but how much do you think of your business now is still more pure labor arbitrage