Morris Miller was an original investor in RackSpace, and ended up running the company for almost seven years. Following RackSpace, he is now building a super interesting company in disinfecting hospitals and saving lives. Read on. Exciting stuff! Sramana Mitra: Let’s start at the beginning of your story. Where are you from? Where were your born,
The consumerization of healthcare, moving into the 21st century, a Web 3.0 world — let’s discuss these with Torben Nielsen. Sramana Mitra: Please introduce us to HealthSparq and yourself. Torben Nielsen: I’m the Co-Founder and the SVP of Products and Strategy here at HealthSparq. HealthSparq is a leading provider of cloud-based healthcare transparency solutions. In essence,
Sramana Mitra: Is there anything else from your strategic thought process that you want to share that has helped you achieve what you’ve achieved so far? Terry Ryan: I would just like to touch for a moment on VCs, private equity, and growth capital, I’ve done all the above. When people talk to me about that
Sramana Mitra: You’ve been in the market for five years. You have not raised any other funding after that $10 million seed round. Where are you now? Terry Ryan: We have definitely turned down funding. It’s a very interesting world in healthcare IT right now. Sramana Mitra: Yes, it’s a very interesting world. Terry Ryan:
Sramana Mitra: That was what I was trying to extract. One of the things that is always very compelling is if you can solve a serious enterprise problem for people who have a lot of money and for whom you can end up saving a lot of money. That’s the reason why I took you
Sramana Mitra: Healthcare IT has been a very active field in terms of startups and innovation in the last 10 years, maybe. What was the next level? As you double-clicked down on healthcare, what are the other sets of choices? What was the next level of process to determine where in healthcare you were going
Sramana Mitra: So about 2008, you were done with HP? Terry Ryan: That’s when I started the current business I’m running. I had successful exits in the 90s with companies in which I was an early employee but I wasn’t a founder of those companies. I had some nice exits in three or four cases before I
Sramana Mitra: They were very heavy. I’m a very small woman having to carry this heavy laptop. It was no fun at all. What was the first company? Terry Ryan: It was called Knightsbridge. It was a company that was focused on Big Data architectures. This was in the early 90s before it was cool