Saumitra is a physician and venture capitalist. After finishing medical school from NYU (New York University) he completed his MBA from Stanford and internal medicine residency from UCLA. He is a founding partner at Med Mountain Ventures, a venture capital firm with $10 million assets under management investing in healthcare startups. I had a lot of fun talking to Saumitra about investing, life, healthcare and politics. I hope you enjoy the conversation as much as I did.
00:09 intro
01:31 Childhood/ is entrepreneurship innate?
04:15 Can you rely on intuition when investing in startups?
07:50 Different types of communication styles
12:30 Is talking fast okay? Or do you have to talk slowly and enunciate every word?
15:15 How to test/validate your intuition and be aware of your biases?
19:00 High school/ decision to become a physician
21:25 Medical school
23:00 Meeting his wife, balancing family and work
27:30 Should you do an MBA?
30:30 Did the MBA help in raising a VC fund?
33:30 FOMO/signals in investing
37:00 Tracking investments
39:30 Should you stick within your circle of competence?
42:00 C 100 - Saumitra’s first startup - needs editing
47:27 Honesty in politics
50:00 Democracy and idea meritocracy
54:00 Benevolent dictatorship, Reinhold Niebuhr, Ruchir Sharma
57:00 Going to Russia as an American Delegate
59:00 Russian politics
1:01:20 Would immortality be a net negative or positive?
1:03:40 Resources, scarcity and status
1:07:00 Epitel - diligence process and why Saumitra invested in them
1:13:30 Inbound vs outbound deals
1:16:00 Should healthcare be profitable?
1:17:30 Would you rather help establish a colony in Mars right now or be frozen and wake up in 100 years?
1:20:00 Closing remarks
