A new study from Bessemer Venture Partners analyzed more than 100 venture-backed healthcare companies to determine the best strategies to scale to $100 million in annual recurring revenue. The report laid out a few main lessons health tech companies should know, such as the importance of nurturing relationships with early customers and making sure efficiency metrics are paid close attention.
ViVE post-script: VC panel opines in midst of digital health new reality (depression?), and extra ViVE from an attendee telecareaware.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telecareaware.com Daily Mail and Mail on Sunday newspapers.
The financial outlook for the digital health sector is less than ideal, characterized by lower funding amounts, shrinking valuations, dwindling profitability and the collapse of Silicon Valley Bank. During a recent conference panel, four healthcare VCs discussed their reactions to this. They explained why the market has switched its focus from growth to value, as well gave advice to startups about what they need to know in this changing environment.