Posts Tagged ‘Manu Kumar’

Healthcare: Startups Big But Hidden Problem?

August 6, 2009

Yesterday, I posted a question on Twitter to entrepreneur and investor Manu Kumar, who recently launched his own venture firm, K9 Ventures.

The question was: How do startups provide health care coverage for their employees? Manu said venture capital firms do not provide group coverage because it is messy and risky. “Small startups end up with catastrophic coverage only,” wrote Manu. “It is a HUGE recruiting issue. One of the biggest reasons folks stay in big companies and don’t do startups is healthcare costs.”

I would love to hear from more entrepreneurs and investors about this problem–and potential solutions. You would think this is one area where the government could help small business?

Instead small businesses are being penalized by the Obama Administration’s proposals to reform healthcare.

History of U.S. Innovation and Venture Capital: Podcast of My Stanford University Talk

February 10, 2009

Check out a podcast of my talk from last week on the history of American innovation from Stanford Technology Ventures Program Entrepreneurship Corner, which publishes podcasts from the school’s Entrepreneurial Thought Leader Seminar Series.

The podcast runs about an hour and includes about 40 minutes of my talk, plus 15 minutes of questions and answers from those smarty-pants Stanford students as well as a few older folks in attendance, including a cool new entrepreneur/VC I met afterwards named Manu Kumar. Click here to listen to or download the podcast.

I have been getting a lot of positive feedback on the talks I gave in the Valley last week, including this one. I think the main reason is that I am sort of a contrarian who believes that great companies and innovations can emerge from a downturn. Let me know what you think if you listen to the podcast.

As one venture capitalist who attended a talk I gave at Quadrus, put it: “Thanks so much for putting the event together and for the invitation; it was inspiring to remind VCs to focus on the heart of entrepreneurship (vs. Being financial asset managers).”

[The Sierra Nevada mountain range from my plane window flying home.]