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Big data will replace the need for 80% of all doctors

Vinod Khosla

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Vinod Khosla
Age: 69
Born: 1955
Born: January 28
Businessman
Businessperson
National Capital Region of Delhi
Bigs
Need
Needs
Replace
Data
Doctors

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You need a degree of foolishness to cause disruptive change in healthcare. Dare to dream.
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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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Certain food-based biofuels like biodiesel have always been a bad idea. Others like corn ethanol have served a useful purpose and essentially are obsoleting themselves.
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The first rule of venture capitalism is hands-on experience. You have to get your hands dirty.
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I've probably failed more often than anybody else in Silicon Valley. Those don't matter. I don't remember the failures. You remember the big successes.
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Every big problem is a big opportunity.
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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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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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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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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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My willingness to fail gives me the ability to succeed.
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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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Startups allow technologists and scientists to take risks and change plans in a way that would be frowned upon in a big company. Having said that, big companies will play a key role in certain areas and in partnerships with little companies. Each has its strengths.
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There's no doubt in my mind over the next 25 years how we drive, how we build our houses, how we fly, how we build our buildings, will all change.
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If I wanted to be a doctor today I'd go to math school not med school.
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The right way to build a company is to experiment in lots of small ways, so that you have plenty of room to make mistakes and change strategies.
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No one will pay you to solve a non-problem.
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It is important in any population to have an ecosystem around start-up ideas to leverage the most out of them such an ecosystem needs developing and most of this is about giving entrepreneurs confidence.
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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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The U.S. has fallen well behind Europe in recognizing climate change and the implications of climate change.
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