Jotthe Kannappan is an associate at Intuitive Ventures which is all about converging robotic systems, digital tools, and clinical needs in search of new ways to understand, diagnose, treat and manage disease.
***This podcast is sponsored by Iris Biomedical, check out their Neurotech Startup Services here***
Top 3 Takeaways:
- "It's not about rejection. It's about enabling the best possible fit between an entrepreneur and an investor who is able to who's able to really do what the company needs for them"
- "The typical things that stand out are really well clearly articulated message again about an unmet medical needs is something that comes across really strongly in a first interaction with a VC"
- "It's a common pitfall to be a technology that's searching for a need as opposed to a need-driven technology."
1:00 "Do you want to talk about the thesis of Intuitive Ventures?"
2:30 "How long has Intuitive Surgical, the parents company been around? And do you want to talk about some of your investments so far?"
4:15 "What's your guys' thoughts on neurotechnology and brain-computer interfaces? What's attractive about neuro technology or maybe not attractive?"
6:00 "When a company might want to come to you and is looking for funding, what what are you looking for?"
8:45 Iris Biomedical ad sponsorship
9:30 "It sounds like the companies you invest in are a little bit further stage, or do you invest in early stage as well?"
10:15 "What's exciting for you guys at the moment?"
12:30 What percentage of people do you reject?
15:15 "What other tips or tricks are there to and you get your attention and maybe get a successful interaction out of it?"
17:15 "What are some of your biggest challenges?"
18:45 "If you had unlimited funding, what would you do with it?"
23:15 How do world political issues like the Covid pandemic and Ukraine-Russia war affect the investment landscape?
26:15 "Is there anything that we didn't talk about that you wanted to mention?"