Dr. Shiv Rao is the CEO and Co-Founder of Abridge, a leader in generative AI for healthcare. The company reached a $5.3 billion valuation following a $300 million funding round with investors including Jensen Huang, Henry Kravis, USV, Bessemer Venture Partners and Elad Gill. A practicing cardiologist, Shiv has scaled the company to 450 employees and partnered with major health systems like Emory and Yale.
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Timestamps:
00:00 Intro
01:32 Five Years in the Wilderness: Lessons on Market Timing
10:54 Healthcare Adoption of AI Is Now Table Stakes
11:26 The GTM Trap Most Healthcare Founders Fall Into
15:27 How Being First in Vertical AI Creates an Unbeatable Moat
15:48 If Foundation Models Are Your Enemy, You’ve Already Lost
34:50 When Doctors Use “Abridge” as a Verb
38:11 Why Abridge Will Never Sell Its Data
41:13 AI Won’t Replace Doctors
44:40 The Hardest Role to Hire: High-Judgment Executives
46:13 What Jensen Huang Told Shiv at Midnight
51:26 Chips on Shoulders Make Chips in Pockets: The Hiring Philosophy
54:23 Raising $300M: How to Stop Spending From Getting Loose
57:39 Being a Great CEO and a Great Parent at the Same Time
01:01:52 Quick-Fire Round
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Legal Disclaimer:
The content of this podcast is for informational and entertainment purposes only and does not constitute financial or investment advice. Any discussion of stocks, public markets, or investment strategies reflects the personal opinions of the speakers and should not be relied upon when making investment decisions. Figures, valuations, and financial data referenced may be estimates or subject to error. Always consult a qualified financial adviser before making any investment decision. The views expressed are those of the individual speakers and do not represent the views of 20VC or its affiliates.
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