Moshe Bellows

Some VC investors believe that brick and mortar - referring to a physical presence of some kind - should be avoided at all costs. Yet, the track record of clinic and hybrid care businesses in health care indicates otherwise. ==> One Medical (sold for $3.9 billion to Amazon), Oak Street (bought by CVS for $10.6 billion), Lifestance (IPO at $7.5 billion market cap), and PE-backed Premise Health (acquired by OMERS Private Equity for $1.1 billion) If a clinic is indicated as the optimal way to deliver care for that patient population, there are creative ways to build and operate them. Full article below with advice and strategies on how to build and operate hybrid clinics from my teammate Anarghya Vardhana from Maveron, Amir Dan Rubin from OneMedical Group, Steven Eidelman from Modern Animal and more!

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If you believe that #Diversity and #Inclusion matter, specifically in times like this, join us on October 30th. We will discuss the challenges and success stories of promoting Diversity in 2024. With me you will find industry leaders who were able to pull it off (!) 💥💥💥 Dorit Dor, Hasan Abasi, Vered Raviv Schwarz, Gal Shaul Guesty, Augury, HAAT Delivery, Check Point Software Power in Diversity Glilot Capital Partners Poalim Tech, Meitar | Law Offices, ESOP - Phoenix, Microsoft, Calcalist כלכליסט #nomatterwhat

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In the article at the link below, Spencer Stuart reports on how much time board members spent on board service and how they spent their time on those boards. (This is for all boards, but 60% of respondents sat on public company boards.) A few takeaways: 1)       What is the time commitment? Private company directors spend ~3 hours per week per board, and public company directors spend ~5 hours per week. This is not minor, but then again public boards, at least, pay well for board service, so it is compensated fairly, if not well. 2)       How is board time allocated? Board members wanted proportionally more time spent debating strategy/performance, succession, talent, and AI. The largest changes in what they want to spend more time on include #AI, new technologies, and #cybersecurity (i.e., all things tech-related). Do members of your board have expertise in these critical areas? Directors want less time spent in meetings on ESG and DEI topics. 3)       Are the agendas the right agendas? Directors want #boardchairs, CEOs, and management teams to be even more purposeful and strategic about setting the agenda. Here’s an excerpt: “Several respondents noted how management presentations take up huge portions of [board] time. Even those intended to be 'information-only' can consume more time than expected as board members ask questions and precious time is spent on topics that don’t necessarily need board attention. One respondent suggested sharing more management presentations several days before the meeting. 'The executive team needs to think more carefully about the board agenda and not overloading it with topics that require lengthy discussions.'" 4) What about executive sessions? Respondents noted that a best practice was to hold #executivesessions at the beginning AND end of meetings. In the initial executive session, the board can also improve the agenda and prioritize for the meeting ahead. This is an interesting best practice. I have yet to be in a board meeting with two executive sessions. Have any of you? I don’t think I would have done this with boards I was on because attention spans were too short for two executive sessions. I have been on boards where CEOs hosted a dinner with board members and key staff. Staff presented and we all debated a key corporate topic, which worked very well. #governance #boardofdirectors

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In this exciting episode of the Duran Inci Podcast—where innovation meets deep insight—I am thrilled to host Alex Berg, a pioneering entrepreneur who is revolutionizing industries with his innovative approach at Cratos Equipment, often dubbed "The Tesla of Construction." Visionary Insights: Dive into the motivations that drive top entrepreneurs beyond mere profit. Learn about Alex's passion for transforming the status quo and how it leads to groundbreaking results. The Power of 'WHY': Discover how aligning business operations with core values can shape the future of an industry and forge unstoppable teams. Challenging the Norms: Unpack why tackling complex challenges is essential for creating a fulfilling and impactful future. This episode is a must-listen for aspiring entrepreneurs and anyone eager to explore the limits of what's possible in business innovation. Tune in and be inspired to think differently and act boldly. #EntrepreneurialSpirit #InnovativeLeadership #VisionaryThinking #BusinessTransformation #CratosEquipment #DisruptTheStatusQuo #FutureOfBusiness #PodcastForChange #DuranInciPodcast #ChallengeConvention

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I’m excited to publicly share something that has been in the works for a few months at the 9point8 Collective. We’ve launched our Virtual Studio! This is a program for early-stage companies that provides the coaching, development and venture-building tools they need to find traction and scale. The program is modeled off of the venture-building processes found inside #VentureStudios, which have delivered 2X IRR and exit 45% faster than traditional #VC-backed #startups over the last 10 years. Some of the secret sauce to this is that studios have found a way to validate strategies early on, de-risk execution, preserve and extend limited runway, and create efficient business models very fast. We at 9point8 are seasoned studio builders and are on a mission to bring this value to founding teams as they navigate their startup journeys. What we’ve done with the Virtual Studio is distill these key processes and techniques, add in our own expertise and best practices, and package them into a program which meets start-ups where they are. We are now opening up our Summer 2024 Cohort, slated to begin in July. Space is limited, so I’m sharing the opportunity with my network before we fill the cohort. Here are the details: -It’s a 3-month program which takes the founder through the key phases of venture-building and de-risking (refining target market, product-market fit, economics and financials, planning, and fundraising). -Founders can expect to achieve greater focus, improved operations and increased marketability to customers and investors. -The end results include collaboratively-drafted operational plans, commercial / investment pitch decks, and elevated management practices within the founding team. These draft off frameworks from 9point8's proprietary venture-building process: Targets Over Everything. -It’s built for founders facing (or approaching) a critical inflection point, where fresh perspectives and strategic management levers are critical. These might include fundraising preparation, new product launch, market expansion, and post-MVP scaling efforts. Why did we build this program? Because building a new company is really hard. 90(!) percent of startups fail, and even moderate risk reduction can create a huge lift to survival rate and eventual returns. The studio model is proven to drive greater venture success; our virtual program is extending that success to more and more teams. The program is highly collaborative and hands-on, so we only take on a few companies at a time. This is a great opportunity for founders who are looking to level-up their abilities when it comes to unlocking traction, growth, and an express lane to superior returns. If interested, please reach out immediately as we expect the program to be fully enrolled very soon! Blair Merlino Evan Allen Neal Ghosh

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Imagine swallowing the competition whole. That's what many players in tech do via roll-up strategies, gobbling up smaller firms to deliver richer solutions and amass greater market share. Where else are roll-up strategies common? // HEALTHCARE Picture being a patient at a medical practice that’s been part of a roll-up in Healthcare Services. It's an industry ripe for roll-ups due to its fragmented nature and potential for greater efficiency. // CONSUMER SERVICES Or let's say you needed your HVAC serviced, and notice your local repairman is now part of a bigger Consumer Services entity? Centralized management and scale economy turn these localized businesses into roll-up targets. // FINANCIAL SERVICES Think about your insurance agent or wealth management advisor. They're working in complex, highly regulated environments. In the Financial Services sector, roll-ups offer an effective way to consolidate expertise, streamline operations, and enhance customer offerings. // MANUFACTURING Now, imagine driving past factories under a new name — the result of Manufacturing and Industrial Services roll-ups. Bulk purchasing reduces costs, enhances production capabilities, and expands geographical footprints. // REAL ESTATE Lastly, envision your real estate brokerage firm. The industry sees roll-ups as a strategic move to increase market penetration, enhance service offerings, and hike up portfolio value. Roll-ups play a huge role in most industries, rather like a snowball rolling downhill, gaining momentum, and size. Are you seeing roll-ups in your sector or considering M&A?

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💫 It's finally live 💫 Forum's POV on early stage healthcare investing and areas of opportunity co-authored by Michael Cardamone and me, published on MedCity News 🙌 Link in the comments! #healthcareinvesting #healthcarestartups #earlystage

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The healthcare landscape is rapidly evolving, driven by advancements in technology and a deeper understanding of patient care. I had the pleasure of speaking with Ambar Bhattacharyya, Co-Managing Partner at Maverick Ventures, on the latest episode of The Full Ratchet. Ambar has partnered with numerous billion-dollar companies like hims & hers, Cityblock Health, Devoted Health, and ConcertAI. His unique journey from rural America to becoming a prominent figure in venture capital offers invaluable insights into the future of healthcare and technology. We discuss his investment strategy at Maverick Ventures, the megatrends shaping healthcare, the impact of AI on the industry, and the importance of integrated care. Ambar also shares his thoughts on the challenges and opportunities in healthcare investment, offering a comprehensive view of what lies ahead. Check out TFR Episode 438 to catch our conversation. You'll be glad you listened. Link to the full episode is in the comment section below.

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Join me as I share the secrets to gaining Angel Investment (being ESIC is one) and help you land your pitch and get your message across. I'm joined by experienced founders who can share their experiences and help you develop your own (survive the) Chasm Plan.

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Flunking Sarbanes-Oxley The Boards of the Greatest Value Creators in History Did Not Adhere to “Good Governance” This article pulls material from the book "The Outsiders" by William Thorndike, Jr. which tells the story of the 8 highest performing CEOs in modern history. The information provided by Thorndike clashes directly with everything that is considered "must haves" regarding both leadership and corporate governance. What if the consensus has it all wrong? #corporategovernance #governance #boardsofdirectors #capitalism #institutionalinvestors #shareholdervalue #valuecreation #performance

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I am joining dynamic Victoria Yampolsky to talk about "Where's the Money for Women" funding their businesses. Join me today at noon EDT - registration below. 𝐅𝐨𝐫 𝐅𝐞𝐦𝐚𝐥𝐞 𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬: 𝐇𝐨𝐰 𝐭𝐨 𝐑𝐚𝐢𝐬𝐞 𝐒𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥𝐥𝐲 𝐃𝐞𝐬𝐩𝐢𝐭𝐞 𝐒𝐭𝐚𝐭𝐬 𝐚𝐧𝐝 𝐁𝐢𝐚𝐬 🚀The current fundraising landscape is less favorable for female founders, but it doesn’t have to be this way. 𝐊𝐞𝐲 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬: ➤ 𝐄𝐱𝐭𝐞𝐧𝐝𝐞𝐝 𝐅𝐮𝐧𝐝𝐫𝐚𝐢𝐬𝐢𝐧𝐠 𝐓𝐢𝐦𝐞𝐥𝐢𝐧𝐞𝐬: Female founders often spend 65-75% longer fundraising compared to male founders. ➤ 𝐋𝐞𝐬𝐬 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐑𝐚𝐢𝐬𝐞𝐝: Women-led startups typically secure less funding, limiting their growth potential. In 2023, women founders were the only group who raised less than $500K on average, according to the DocSend Report. ➤ 𝐍𝐨𝐭 𝐃𝐫𝐞𝐚𝐦𝐢𝐧𝐠 𝐁𝐢𝐠: Female founders often set less ambitious goals, making their ventures less attractive to investors. When evaluating teams, VCs often make decisions based on intuition and subconscious biases rather than rationale. These obstacles can be disheartening, but many female founders succeed, and you can join their ranks by being prepared. 𝐉𝐨𝐢𝐧 𝐦𝐞, 𝐚 𝐯𝐞𝐭𝐞𝐫𝐚𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐉𝐞𝐚𝐧𝐧𝐞 𝐒𝐮𝐥𝐥𝐢𝐯𝐚𝐧, 𝐚𝐧𝐝 𝐚 𝐬𝐞𝐫𝐢𝐚𝐥 𝐞𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫 𝐌𝐚𝐫𝐤 𝐆𝐨𝐥𝐝 𝐟𝐨𝐫 𝐚𝐧 𝐞𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐞𝐯𝐞𝐧𝐭 𝐭𝐚𝐢𝐥𝐨𝐫𝐞𝐝 𝐣𝐮𝐬𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮: “𝐓𝐡𝐞 𝐄𝐦𝐨𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐢𝐝𝐞 𝐨𝐟 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠 - 𝐇𝐨𝐰 𝐃𝐨 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐄𝐯𝐚𝐥𝐮𝐚𝐭𝐞 𝐅𝐞𝐦𝐚𝐥𝐞 𝐅𝐨𝐮𝐧𝐝𝐢𝐧𝐠 𝐓𝐞𝐚𝐦𝐬?” 📅 𝐄𝐯𝐞𝐧𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: 🗓️ 𝐃𝐚𝐭𝐞:June 27th 🕛 𝐓𝐢𝐦𝐞: 12 PM EST 📍 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧: Zoom (Link to be provided upon registration) 💡 𝐖𝐡𝐲 𝐀𝐭𝐭𝐞𝐧𝐝? ➤ 𝐈𝐦𝐩𝐫𝐨𝐯𝐞 𝐘𝐨𝐮𝐫 𝐂𝐡𝐚𝐧𝐜𝐞𝐬 𝐨𝐟 𝐏𝐚𝐬𝐬𝐢𝐧𝐠 𝐃𝐮𝐞 𝐃𝐢𝐥𝐢𝐠𝐞𝐧𝐜𝐞: Learn which questions investors ask to evaluate teams and what they are looking for, and leverage that knowledge to better navigate and counteract the subconscious biases. ➤ 𝐓𝐚𝐤𝐞 𝐀𝐜𝐭𝐢𝐨𝐧:Discover what you can do NOW to improve your chances of successful fundraising and building a great company. 🔥 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐍𝐨𝐰 - 𝐎𝐧𝐥𝐲 3 𝐬𝐞𝐚𝐭𝐬 𝐥𝐞𝐟𝐭!🔥 Don’t let these barriers hold you back. Secure your spot today and take control of your fundraising journey and the success of your venture. 🔗 𝐑𝐄𝐆𝐈𝐒𝐓𝐄𝐑 𝐇𝐄𝐑𝐄 https://lu.ma/lse01zqw Let’s turn your vision into reality! 🌟

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Another Important article by Zachery Eanes in Axios Hey #RealEstate developers, MAYBE you should be investing into / sponsoring the #startup ecosystem to help more #Entrepreneurs get to scale so they need more LAB space. Yes we are the ones who make the introductions of the Entrepreneurs to the #investors to move the company forward. Give and TAKE https://lnkd.in/e6hDmTPj #Biotech #LifeSciences #NorthCarolina

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A prospective $3.1 billion U.S. IPO in a market with very few listed early childhood education firms. This rare public listing highlights the growing global trend of scaling early childhood education companies, as private equity and large operators seek consolidation for operational efficiencies. With increased focus on education investments, this IPO could pave the way for more large-scale moves in the sector. #Education #EarlyYears #Earlychildhoodeducation #Childcare #Nurseries #Preschools #Edtech #K12Education #PrivateEquity #VentureCapital #ImpactInvesting https://lnkd.in/dTu3DyPS

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Attended the VentureCrush event by Lowenstein Sandler LLP in NYC yesterday. First off great event 👏 So now the key points for female founders: - Yes funding for female founders is < 2.5% now - Yes funding is tough for all founders currently, but even more so for early-stage female founders But…………….. - Be very diligent about the investor- founder match. Make sure the thesis aligns - Perfect your pitch. If you can’t explain to your grandma its too complicated - Lastly, get ready for rejection. But remember all it takes is one yes to get the round rolling #venturecapital #funding #founders

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🎉 I am so proud and pumped to be speaking at Demo Day for Cohort 11 of the Conscious Venture Lab on June 25th, 2024, at 6 p.m.! This is not just an event—it's a movement towards a more just, joyous, equitable, and prosperous society, led by some of the most visionary founders around. When Jeff Cherry and I first connected back in 2015, his vision was clear: talent is everywhere, but opportunity is not. This resonated deeply with me. Jeff and his incredible team have worked tirelessly to bridge this gap, fostering mission-driven entrepreneurs right here in Baltimore. As a General Partner in Conscious Venture Partners, I’ve had the privilege to witness firsthand the transformative power of business as a force for good. Jeff’s unwavering conviction and relentless pursuit of this vision have been nothing short of inspirational. The theme of this event ties perfectly with my upcoming book, "Who Says." It's all about challenging the status quo and proving that just because someone says you shouldn’t, doesn’t make them right. It’s about believing in the impossible and making it happen. Join us, in collaboration with UpSurge Baltimore's Equitech Tuesday, to celebrate these extraordinary founders and the future of conscious capitalism. With a keynote talk by yours truly, this is an event you won’t want to miss! #ConsciousCapitalism #Entrepreneurship #Innovation #Baltimore #DemoDay #WhoSays

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