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We were on the University of NorthCarolina campus to meet with Fred Brooks and Henry Fuchs. Get Out of Building Our trip to NorthCarolina was part of a year long effort to get out of the building to understand our market, customers and their applications. They would all work in this one company.
However, one of the bottlenecks in actually doing Customer Discovery for medical devices/health care is testing how minimal viable products work in-context. Testing hypotheses with doctors, patients, payers, providers, purchasing departments, strategic partners is hard. It Takes a Village.
Clips from their interviews are below: Wayne Sutton is a partner and co-founder of BUILDUP VC , a Bay Area non-profit that connects, mentors, and educates underrepresented technology entrepreneurs. The features didn’t match what ultimately the customers would buy or wanted. And download any of the past shows here.).
Frank : Somewhat serendipitously through a contact I made through IBM, I learned about this opportunity in NYU… to create a new venture fund to essentially do very similar work to what I’ve been doing inside Lucent and the venture partners … to work with researchers and invest capital to create new startups…. I was like, “Oh, my God.
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