Brian O’Malley
👤 SpeakerAppearances Over Time
Podcast Appearances
And so the main verticals we're looking at falls into categories like simplicity.
People's lives are complicated.
Three out of four Americans are dual income families where both parents are working.
And so anything that can simplify people's lives on a daily basis, those are solutions that we're excited to look at.
The second one is prosperity.
I think a lot of people are worried about what AI is going to do to their jobs, but there are ways of harnessing these new technologies.
So we spend a lot of time around small business software, businesses where their main owner or their main proprietor is in the field all day, but the AI can handle a lot of the back office requirements.
We'll even invest in things that help people in their corporate job because we think there's this greater level of agency people can take today to help make themselves successful in an increasingly ambiguous world.
And the third piece is around this longevity trend.
I'm on the board of a company called Pernuvo, which does preventative MRI screens.
It's all self-pay.
But one of the really interesting stats about that business is that 26% of their customers make less than $50,000 a year.
So these solutions are not just for the rich or the wealthy, but really for anyone who wants to take control of their health.
Because at the end of the day, a lot of solutions that go to the insurance companies are not the best in the market and they don't react quite quickly enough.
And so if you add up those three sectors, it adds up to about 48% of the US GDP.
So these are meaty categories.
And then the other slice we'll take at it is really looking from a business model perspective.
And I've been enamored with two models.
One is called the digitally native franchise.
So this is a really a fancy word for talking about business in a box where you're providing the tool set and the capabilities for people to build their own companies, as well as this AI powered services model, which is something that