Transcript
Intro
Patrick
My guests today are Raju Rishi, Nikita Singareddy, and Jason Black of RRE Ventures. RRE is a New York-based VC firm investing in early-stage start-ups with more than 400 investments over its 25-year history. Raju, Nikita, and Jason focus their time in the world of healthcare investing, a topic I haven't explored much personally or on this show. We discuss the current landscape for healthcare investing, the variety of stakeholders in the healthcare value chain, the opportunities for founders and investors in the space, what excites them most about the future of the space, and the impact COVID has had in shaking up the industry. I hope you enjoy my conversation with the RRE team.
So Raju, Nikita, and Jason, I cannot remember the last time I had three people on the line. So this is going to be a lot of fun. And we're going to explore a topic that I don't think I've ever explored on the podcast, which is the non-biopharma part of healthcare investing. So I think there's a lot to learn, and this is a perfect time given the COVID situation that we're facing to have this exploration. Raju, I thought that a neat place to begin would be for you to walk us through how you and your team think about what makes for an attractive market or segment to invest in the first place. We were talking offline about how you explore areas. And I'd just love to hear more about that process, because I think the market you pick can be so important to outcomes. And obviously, I'm curious why healthcare, in the final analysis, was so interesting to you and your team.