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Brian O’Malley

👤 Speaker
512 total appearances

Appearances Over Time

Podcast Appearances

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

And so the main verticals we're looking at falls into categories like simplicity.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

People's lives are complicated.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

Three out of four Americans are dual income families where both parents are working.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

And so anything that can simplify people's lives on a daily basis, those are solutions that we're excited to look at.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

The second one is prosperity.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

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.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

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.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

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.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

And the third piece is around this longevity trend.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

I'm on the board of a company called Pernuvo, which does preventative MRI screens.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

It's all self-pay.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

But one of the really interesting stats about that business is that 26% of their customers make less than $50,000 a year.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

So these solutions are not just for the rich or the wealthy, but really for anyone who wants to take control of their health.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

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.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

And so if you add up those three sectors, it adds up to about 48% of the US GDP.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

So these are meaty categories.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

And then the other slice we'll take at it is really looking from a business model perspective.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

And I've been enamored with two models.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

One is called the digitally native franchise.

How I Invest with David Weisburd
E291: Incentives, Not Intuition: How VC Really Works

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