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You need a degree of foolishness to cause disruptive change in healthcare. Dare to dream.

Vinod Khosla

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Vinod Khosla
Age: 69
Born: 1955
Born: January 28
Businessman
Businessperson
National Capital Region of Delhi
Dream
Foolishness
Change
Healthcare
Need
Degree
Needs
Dare
Degrees
Lessons
Cause
Causes
Disruptive

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How would you compete against yourself?
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No one will pay you to solve a non-problem.
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Will biofuel usage require land? Absolutely, but we think the ability to use winter cover crops, degraded land, as well as using sources such as organic waste, sewage, and forest waste means that actual land usage will be limited. Just these sources can replace most of our imported oil by 2030 without touching new land.
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Is it 10 years, 20, 50 before we reach that tipping point where climate change becomes irreversible? Nobody can know. There's clearly a probability distribution. We need to ensure this planet, and we need to do it quickly.
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If you're going to re-invent healthcare you have to start from scratch.
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The world is hung up on food-based biofuels. Not only are they the wrong thing, they're the uneconomic thing.
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Success comes to those that dare to dream dreams and are foolish enough to try and make them come true.
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Religion asks you to believe things without questioning, and technology and science always encourage you to ask hard questions and why it is important in science and technology. So I was always interested in science and technology.
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I generally disagree with most of the very high margin opportunities. Why? Because it's a business strategy tradeoff: the lower the margin you take, the faster you grow.
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Future is not extrapolation of past
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One of the best things data can enable us to do is to ask questions we didn't know to ask.
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It doesn't matter what your probability of failure is. If there's a 90% chance of failure, there's a 10% chance of changing the world.
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We don't need a fuel that's cleaner, we need a fuel that happens to be cleaner, but is half the price of oil.
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I do not know what got me interested in technology. What was very clear to me very early on was that I was not interested in religion and that naturally increased my curiosity about science and technology, and I fundamentally believe the two are conflicting.
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The U.S. has fallen well behind Europe in recognizing climate change and the implications of climate change.
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Where most entrepreneurs fail is on the things they don't know they don't know.
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The state of healthcare today is that we are busy in the practice of medicine vs. being in the science of medicine.
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Seeking an acquisition from the start is more than just bad advice for an entrepreneur. For the entrepreneur it leads to short term tactical decisions rather than company-building decisions and in my view often reduces the probability of success.
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If everyone played it safe, we wouldn't get anywhere.
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The willingness to fail gives us the freedom to succeed.
Vinod Khosla