Origins: Inside Venture Capital

Merchant Banks: Venture’s Next Act with Will Manidis


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Before he sold his company to Veradigm, Will Manidis’s Science.io developed an AI model that allowed doctors to translate mountains of medical documents into usable data to improve patient outcomes. Today Will is the SVP of AI at Veradigm, and he sits down with Nick and Beezer to discuss how AI is impacting healthcare, how we can develop health systems with better outcomes, and what the future of venture might look like when compared to traditional merchant banking.


Learn more about Sapphire Partners: ⁠https://sapphireventures.com/sapphire-partners⁠

Learn more about OpenLP: ⁠https://openlp.vc⁠

Learn more about Asylum Ventures: ⁠https://asylum.vc

Learn more about Veradigm: https://veradigm.com/


For a monthly roundup of the latest venture insights, including the newest Origins episodes, subscribe to the OpenLP newsletter – delivered straight to your inbox: https://subscribe.openlp.vc


CHAPTERS:

0:00 Welcome to Origins

2:01 Human vs. AI Content (Specifically Podcasts)

6:18 AI And the Future of Healthcare

17:55 Is Merchant Banking Venture’s Future?

25:17 When Does Venture Break?

32:42 “The Only Thing We Should Care About is the Shape of the Return Curve.”

37:24 “The Constraint Is No Longer Capital.”


Origins is produced by Sapphire Ventures in partnership with⁠⁠ Pod People.⁠


Nothing presented herein is intended to constitute investment advice, and under no circumstances should any information provided herein be used or considered as an offer to sell or a solicitation of an offer to buy an interest in any investment fund managed by Sapphire Ventures, LLC (“Sapphire”). Any offer or solicitation of securities by Sapphire may only be made in accordance with the current offering documents for a managed Fund in which Sapphire is an advisor. Additionally, Sapphire does not solicit or make its services available to the public; such offerings may only be provided to accredited investors and qualified purchasers defined within the Securities Act of 1933 and the Investment Company Act of 1940. Information provided reflects Sapphire Ventures’ views as of a particular time. Such views are subject to change at any point and Sapphire Ventures shall not be obligated to provide notice of any change. Due to various risks and uncertainties, actual events, results or the actual experience may differ materially from those reflected or contemplated in these statements. While Sapphire Ventures has used reasonable efforts to obtain information from reliable sources, Sapphire makes no representations or warranties as to the accuracy, reliability, or completeness of third party information presented herein. Nothing presented herein may be relied upon as a guarantee or assurance as to the future success of any particular investment opportunity or strategy. Past performance is not indicative of future results.


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