VC Bill Gurley says investing in health care is 'extremely dangerous,' but he's doing it anyway
https://www.cnbc.com/2017/11/17/benchmarks-bill-gurley-on-new-healthcare-investments.html
Venture capitalist Bill Gurley says he recently made two health-care investments even though he says the sector is filled with perils.
"I've been spending a lot of time looking at health care, and it's extremely dangerous. It's extremely dangerous because the laws of most marketplaces doesn't exist," the Benchmark general partner told CNBC's "Squawk Alley" on Friday. "There's not a simple gravity. There's forces in five different directions. The people that are consuming aren't paying, it's crazy."