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Doctors can be replaced by software – 80% of them can. I’d much rather have a good machine learning system diagnose my disease than the median or average doctor.
Vinod Khosla
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Vinod Khosla
Age: 69
Born: 1955
Born: January 28
Businessman
Businessperson
National Capital Region of Delhi
Good
Doctors
Machines
Average
Median
Disease
Diagnose
Learning
Replaced
System
Software
Rather
Doctor
Much
Machine
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We humans think linearly but tech trends are exponential.
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I'm not a political person. I'm a techie nerd, and I enjoy the techie part. I mean, all my life, I've loved great technology.
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Maybe some percentage that’s substantially larger than 95 percent of VCs add zero value. I would bet that 70-80 percent add negative value to a startup in their advising.
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How would you compete against yourself?
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Future is not extrapolation of past
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Not thinking it's possible is a failure of imagination.
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Where most entrepreneurs fail is on the things they don't know they don't know.
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You need a degree of foolishness to cause disruptive change in healthcare. Dare to dream.
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I don’t mind the low probability of success, but it better be impactful if we do succeed.
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Screw up often but screw up ahead of everybody else, and than learn as much, and than use it to make subsequent investments.
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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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Everybody else is afraid to fail. I do not really care because when I fail, I try something new.
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Imagine the world of mobile based on Nokia and Motorola if Apple had not been restarted by a missionary entrepreneur named Steve Jobs who cared more for his vision than being tactical and financial.
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