Renowned investor Kevin Ryan thinks the big money is in healthcare
https://techcrunch.com/2021/10/08/renowned-investor-kevin-ryan-thinks-the-big-money-is-in-healthcare/
Kevin Ryan has become very wealthy by being at the right place at the right time — including at online ad network DoubleClick, which he joined as its twelfth employee and eventually ran as CEO (it was later acquired, twice) — as well as co-founding numerous companies, including the software company MongoDB, which is currently valued at roughly $30 billion as a publicly traded company. (Ryan still owns “at least half my shares” in the company, he says.)
The other day, we talked with Ryan about his biggest, newest bet, which is on healthcare tech. As we reported earlier, his investment firm AlleyCorp is plugging $100 million of largely Ryan’s own capital into starting and funding outfits in the space — and that’s atop the roughly 20 related bets the outfit has made already. We wondered how he became so involved when his earlier projects were almost entirely unrelated. You can hear that conversation here or check out excerpts below.