Seksom Suriyapa was seemingly destined to land at a venture firm. A Stanford Law graduate, he worked at two blue-chip investment banks before joining the cybersecurity company McAfee as a senior corp dev employee, later logging six years at the human resources software company SuccessFactors and, in 2018, landing at Twitter, where he headed up its 12-person corporate development team until June.
The bigger surprise is that Suriyapa — who just joined the L.A.-based venture firm Upfront Ventures — didn’t make the leap sooner. “The catalyst was finding a firm that felt like the exact right fit for me,” says Suriyapa.
We talked earlier today with Suriyapa — who lives and will remain in the Bay Area — about his new role at Upfront, where he will be leading its expanding growth-stage practice with firm founder Yves Sisteron.
He also shed light on how Twitter — which has been on a bit of buying spree — thinks about acquisitions these days. Our chat has been edited lightly for length.
TC: How did you wind up joining Upfront?
SS: [Longtime partner] Mark Suster and I were introduced through a mutual business acquaintance in the venture world, and I got to know him over a period of time and really came to find him to be a remarkable individual. He’s thoughtful about the business itself, he’s an incredible brand builder. I think you could argue that [Upfront] put L.A. on the venture map.
TC: It was also, for a long time, an early-stage firm, but now it has a ‘barbell’ strategy. Is your new job to make sure it can maintain its stake in its portfolio companies as they grow? Can you shop outside of that portfolio?
SS: The mission for me will be supporting the best of Upfront’s hundred-plus existing portfolio companies that are poised to scale, and also to invest in companies not currency on the platform, and I anticipate [the latter] will happen more and more over time.
TC: Twitter was a lot more active on the corp dev front during the years when you were there. Why?
SS: When i joined in 2018, Jack Dorsey had been CEO for about three years, and really his focus was on the core mission of driving the public conversation, and in doing that, Twitter shrunk itself out of a lot of businesses and [shrunk] people wise as well.
TC: I remember it laid people off in 2016.
SS: And one of the offshoots of that was way less in the way of newer products, so there were no new acquisitions in the three years prior to me joining, and that muscle atrophies if you don’t exercise it. So [ahead of me] Jack had transformed the management team, which had been, relatively speaking, a revolving door of executives until that point, and I was brought in with a specific mandate of reviving a corporate development practice that had been quiet for a few years. I’d known [CFO] Ned Segal when he was a banker at Goldman Sachs and [while] I was at SuccessFactors, so when I heard about the role through the grapevine, I reached out.
TC: And Twitter starts shopping, buying up the news reader service Scroll, the newsletter platform Revue. Were these decisions coming down from the top or vice versa?
SS: The best way to describe it would be that it was product-need driven. The company had a few different objectives. One was to diversify Twitter from its dependency on being an ad-driven business. Something like 80% of revenue comes from ads.
Second, there’s an incredible need to ramp up its machine learning and artificial intelligence as a company. If you’re looking for toxicity in conversation, it’s not scalable to hire tens of thousands of people to do that. You need machine learning to find it. Twitter done well is also able to show you the conversations that are most interesting to you, and to do that, it has to take signals from what you follow and spend time reading and what you interact with, and that, at its core, is ML AI. [Relatedly] Jack has a vision that anybody who tweets in whatever their native tongue is should be able to talk with someone else in their native tongue as part of a global conversation, and to do that, you need [natural language processing] techniques galore.
TC: There’s also this focus on consumer applications.
SS: That’s the third objective. What are the tools that followers and creators can use in conversation with each other? So [Twitter] added audio [via its Clubhouse rival Spaces]. We bought Revue, which is a competitor to Substack. So there’s a lot of innovation happening around the type of content that someone should expect to see or create on Twitter.
TC: Would you describe these acquisitions as proactive or reactive?
SS: From the outside it would seem reactive, but the reality is we’d been thinking a lot about something like Spaces even before Clubhouse took off. I think what’s noticeable to me is [Spaces] is one of the first times you’ve seen a company like Twitter build up a capability and a new product area that’s going head-to-head going against a company that’s focused only on that realm, and it’s competitive from day one. Twitter beat Clubhouse in [offering an] Android version because it poured resources into it, and I’d argue that a lot of the mechanics of Twitter and the fact that creators are on Twitter puts it in an awesome spot to win this segment.
Twitter also just has a huge amount of expertise in finding toxicity and things you want to be wary of when you’re a social media play, and a company of Clubhouse’s size, at least in its initial days, will have a hard time getting there.
TC: Twitter has so many interests, including around cryptocurrencies and decentralization.
SS: In terms of priorities at Twitter, a lot is under wraps in terms of the technologies that we expect [will rise up over] the next five to 10 years, but [a lot of thought is being given to] the impact of cryptocurrency and the underlying protocols around it and how Twitter participates in a trustless, permissionless [world] where there’s a decentralized internet that can protect people’s privacy and allow people not to worry where their content is stored. People think of Twitter as a consumer app but there’s amazing and considerable diversity under the hood.
TC: Do you think because of the current regulatory environment that it has a better shot at working with companies and projects that might have gotten snapped up by Facebook and Google?
In terms of the regulatory environment, the reality is that even if you take the Facebooks and Googles out of the equation, there are acquirers that are competitive that would step up and buy things, so it’s a little short-sighted to think of just those two. But even when they were active, we were winning [deals]. A lot of the companies we acquired self-selected to be at Twitter because they like what it stands for, they like the way that Jack Dorsey leads the organization, and they believe in the stands that he takes and the positions that he and his leadership espouse.
TC: You’re now representing a very different brand. How will your work at Twitter help you compete for deals on behalf of Upfront?
SS: I have this network of incredible entrepreneurs around the world because of companies across my career that I’ve helped acquire or tried to acquire or who are running businesses; I also [have relationships with] VCs at different stages who actively spot businesses around the world [and introduce them to corp dev teams]. You might also know that Twitter has a diversity and inclusion program where they intend to have 25% of leadership be diverse over the next several years, so my team was often involved in finding the best ways to find diverse targets to buy. I also led a series of LP investments into newly emerging funds, some LatinX-founded, some women-founded, some Black-founded, some that were diverse from a geographic standpoint that are scouting companies in far flung places . . .
TC: Does Twitter also make direct investments?
SS: We did direct investments but [backing fund managers] is a more leveraged approach. Most of them are seed funds and they’ll in turn invest in 30 to 60 companies each. But yes, I scouted companies in far flung places, including [India’s] ShareChat where I served on the board for two years. [Editor’s note: TechCrunch reported earlier this year that Twitter explored buying ShareChat at an earlier point; the company has since raised numerous rounds of funding and was most recently valued by its investors at nearly $3 billion.]
TC: You have a lot of relationships, but it would still seem really hard to compete for growth-stage deals when so many other outfits are now investing there, too. How do you plan to compete?
SS: I will clearly be drawing on those networks to find deals. I’ll be investing in sectors where Upfront has already invested in, but initially I’ll be double-clicking that ihave a strong interest in, including around creator economy ecosystem, because I did o much of that at Twitter. And w3b 3.0, ow this permissionless comes togerh, edge computing ML AI and shared date that goes across a number of disciplines that i’ve workedin, i think one of strong points that will cinterdiscplianry areas, also in sustainability are but I won’t kid myself. You compete by learning what your value proposition is. At Twitter, my strategy was winning on speed, knowing people earlier, and [underscoring] Twitter’s value proposition [to close deals]. I can’t talk about my [VC] strategy without having implemented yet; I’ll have to figure out what’s most interesting to entrepreneurs that the megafunds don’t offer.
SUPPORT THE TIMES CLOCK
Digital pensions platform Penfold raises $8.5M Series A led by Bridford Group – TechCrunch
Penfold, a digital pensions platform, has closed a £7m ($8.49m) Series A funding round led by Bridford Group, an investment group.
Also participating in the round was Jeremy Coller, Chief Investment Officer and Chairman of Coller Capital. Penfold also raised additional funding via a crowdfund amongst its customer base. The cash will be used to expand Penfold’s workplace pension division.
Chris Eastwood, Co-Founder at Penfold, commented (in a statement): “It’s been a big year for Penfold – from launching our workplace pension offering, to reaching £100m AUA.”
Bridford Group, lead investor, commented: “The pensions industry represents a huge market – with £8trn in savings in the UK alone. Despite this, many people remain uninterested and unengaged in their pensions. With so many people not saving enough, there’s a real opportunity for a new provider to step in.”
After the FBI raid at Mar-a-Lago, online threats quickly turn into real-world violence – TechCrunch
Threats of violence reached a fever pitch — reminiscent of the days leading up to the Capitol attack — following the news that the FBI raided Trump’s Florida beach club to retrieve classified documents the former president may have unlawfully taken there.
After Trump himself confirmed Monday’s raid at Mar-a-Lago, pro-Trump pundits and politicians rallied around declarations of “war,” and Trump’s ever-fervent supporters called for everything from dismantling the federal law enforcement agency to committing acts of violence against its agents. The situation escalated from there in record time, with online rhetoric boiling over quickly into real-world violence.
By Thursday, an armed man identified as Ricky Shiffer attempted to force his way into an FBI office in Cincinnati, Ohio, brandishing a rifle before fleeing. Law enforcement pursued Shiffer and he was fatally shot during the ensuing standoff with police.
Analysts with the Institute for Strategic Dialogue (ISD), a nonprofit that researches extremism and disinformation, found evidence that Shiffer was driven to commit violence by “conspiratorial beliefs related to former President Trump and the 2020 election…interest in killing federal law enforcement, and the recent search warrant executed at Mar-a-Lago earlier this week.” He was also reportedly present at the January 6 attack — another echo between this week’s escalating online threats and the tensions that culminated in political violence at the Capitol that day.
Shiffer appears to have been active on both Twitter and Truth Social, the platform from Trump’s media company that hosts the former president and his supporters. As Thursday’s attack unfolded, Shiffer appeared to post to Truth Social about how his plan to infiltrate the FBI office by breaking through a ballistic glass barrier with a nail gun had gone awry. “Well, I thought I had a way through bullet proof glass, and I didn’t,” the account posted Thursday morning. “If you don’t hear from me, it is true I tried attacking the F.B.I., and it’ll mean either I was taken off the internet, the F.B.I. got me, or they sent the regular cops…”
In posts on Truth Social, the account implored others to “be ready to kill the enemy” and “kill the FBI on sight” in light of Monday’s raid at Mar-a-Lago. It also urged followers to heed a “call to arms” to arm themselves and prepare for combat. “If you know of any protests or attacks, please post here,” the account declared earlier this week.
By Friday, that account was removed from the platform and a search of Shiffer’s name mostly surfaced content denouncing his actions. “Why did you censor #rickyshiffer‘s profile? So much for #truth and #transparency,” one Truth Social user posted on Friday. Still, online conspiracies around the week’s events remain in wide circulation on Truth Social and elsewhere, blaming antifa for the attack on the Ohio FBI office, accusing the agency of planting documents at Mar-a-Lago and sowing unfounded fears that well-armed IRS agents will descend on Americans in light of Friday’s House passage of the Inflation Reduction Act.
“‘Violence against law enforcement is not the answer no matter what anybody is upset about or who they’re upset with,’ FBI director Christopher Wray said in light of emerging threats of violence this week. Trump appointed Wray to the role in 2017 after infamously ousting former FBI director James Comey.”
Friday is also the five-year anniversary of the Unite the Right rally, which saw white nationalists clad in Nazi imagery marching openly through the streets of Charlottesville, Virginia. The ensuing events left 32-year-old protester Heather Heyer dead and sent political shockwaves through a nation that had largely grown complacent about the simmering threat of white supremacist violence.
Diagnostic Robotics has AI catching health problems before they take you to the ER – TechCrunch
A stitch in time saves nine, they say — and a blood thinner in time saves a trip to the emergency room for a heart attack, as Diagnostic Robotics hopes to show. The company’s machine learning-powered preventative care aims to predict and avoid dangerous (and costly) medical crises, saving everyone money and hopefully keeping them healthier in general — and it’s raised $45 million to scale up.
It’s important to explain at the start that this particular combination of AI, insurance, hospital bills, and “predictive medicine” isn’t some kind of technotopian nightmare. The whole company is based on the fact that it’s both better for you and cheaper if you, for example, improve your heart health rather than have a heart attack.
That’s why your doctors tell you to cut down on red meat and maybe even take a cholesterol-maintenance medication instead of saying “well, if you have a heart attack just go to the ER.” It’s just common sense, and it also saves patients, hospitals, and insurance companies money. And don’t worry, this kind of prediction can’t be used to raise your premiums or deny care. They want you making monthly payments — they just don’t want to have to shell out for a $25,000 operation if they can help it.
The question is, what about less obvious conditions, or ones that patients haven’t had specific tests for? This is where machine learning models come in; they’re very good at teasing out a signal from a large amount of noise. And in this case what the AI was trained on is 65 million anonymized medical records.
“We see how people look before the problems — everything we do is preventative care,” said Kira Radinsky, CEO and co-founder of Diagnostic Robotics. “It’s all about offering the right intervention, at the right time, to the right patient.”
She noted that providers often focus on the most expensive patients in order to reduce costs — for example, someone with advanced heart disease. But while acute and maintenance care continues to be important for them, that money has already gone out the door. On the other hand, if you diagnose someone with early signs of congestive heart failure, you can stop it from advancing and save money and possibly even a life. And the technique applies beyond things that can be detected in labs.
“Say the challenge is to find patients suffering from depression or anxiety, but aren’t taking any medications,” Radinsky proposed. “How do you identify someone with depression or anxiety based on medical records? We identify the entropy of their visits — lots of providers, lots of complaints — that’s a strong signal. Then you do specific questions, a medical triage, and you get them connected to a psychologist or psychiatrist, and they’re no longer deteriorating.”
The company claims it can reduce ER visits by three quarters, which is important beyond the immediate benefits for a person and their provider; ERs and urgent cares are overwhelmed in the U.S., paradoxically due to the pervasive fear of incurring huge medical expenses.
In many cases, she said, medical providers or insurers will offer medications or treatment for free or at nominal cost, since they know they’re saving themselves a bigger bill down the line. Sure, it’s all out of self-interest, but that means you can trust them.
The Tel Aviv-based Diagnostic Robotics just raised a big $45 million B round, led by StageOne investors, with participation from Mayo Clinic, Technion (Israel Institute of Technology) and Bradley Bloom. Radinsky said this will help the company start working more directly with providers, taking on more holistic health goals in addition to specific high-risk conditions. (The company currently tracks around 20.)
A pilot test of this broader approach was recently validated in a study of a few hundred patients, in which the AI-prepared health plan was statistically indistinguishable from a clinician’s. The company is already serving millions of patients in some capacity, in Israel, South Africa, and in the U.S., with Blue Cross Rhode Island.
If they expand to your provider, don’t expect some kind of robotic examination, though the name obviously suggests this.
“You’ll get phone calls from care managers offering additional treatments, for free or almost for free,” Radinsky said. The AI will already have done its work, and maybe your test results and location suggest you’re at risk for something — and you’d do well to take these recommendations seriously. AI may have a lot of room to grow still but it’s good at sniffing out statistical correlations.
She was careful to add that they are also actively working on finding, defining, and mitigating bias in the algorithms, whether it results from biased data or human error somewhere else along the lines. “What the algorithm is trying to do is see who will benefit the most,” Radinsky explained, but as with other forms of AI and machine learning, only careful monitoring will tell whether its idea of who benefits matches the real world.
Amazon-owned MGM makes a viral video show with surveillance footage from Amazon-owned Ring – TechCrunch
MGM (which is owned by Amazon) is making a viral video show based on footage from Ring security cameras (also owned by Amazon). The syndicated television show, “Ring Nation,” is poised to be a modern-day, surveillance-tinged spin on “America’s Funniest Home Videos” with Wanda Sykes as host.
According to a report in Deadline, the show will feature Ring footage of “neighbors saving neighbors, marriage proposals, military reunions and silly animals.” Ring is also known for activities like accidentally leaking people’s home addresses and handing over footage to the government without users’ permission.
Between January and July of this year, Amazon shared ring doorbell footage with U.S. authorities 11 times without the device owner’s consent. Ring has been critiqued for working unusually closely with at least 2,200 police departments around the United States, allowing police to request video doorbell camera footage from homeowners through Ring’s Neighbors app. Like Citizen and Nextdoor, the Neighbors app tracks local crime and allows users to comment anonymously — plus, Ring’s police partners can publicly request video footage on the app.
An executive at MGM, Barry Poznick, praised the new show: “From the incredible, to the hilarious and uplifting must-see viral moments from around the country every day, Ring Nation offers something for everyone watching at home.”
But perhaps what viewers at home really want is data privacy.
Ring only started disclosing its connections with law enforcement after fielding demands for transparency from the U.S. government. In a 2019 letter, Senator Ed Markey (D-MA) said that the company’s relationship with police forces raise civil liberties concerns.
“The integration of Ring’s network of cameras with law enforcement offices could easily create a surveillance network that places dangerous burdens on people of color and feeds racial anxieties in local communities,” Sen. Markey wrote. “In light of evidence that existing facial recognition technology disproportionately misidentifies African Americans and Latinos, a product like this has the potential to catalyze racial profiling and harm people of color.”
Amazon bought the smart video doorbell company in 2018 for $1 billion, then bought MGM for $8.5 billion earlier this year. Now, these two investments — which seemingly have nothing to do with each other — are merging to create a late-capitalist dystopian spectacular that we couldn’t have imagined in our worst nightmares. Amazon also just spent $1.7 billion on iRobot, maker of the Roomba vacuum, but we will not dare to imagine how that acquisition may one day inspire a horrifying TV show.
Teens have abandoned Facebook, Pew study says – TechCrunch
Gen Z internet use is on the rise, but the rate at which teens use Facebook is rapidly declining. A Pew Research Center study on teens, technology and social media found that only 32% of teens aged 13-17 use Facebook at all, but in a previous survey from 2014-2015, that figure was 71%, beating out platforms like Instagram and Snapchat.
Jules Terpak, a Gen Z content creator covering digital culture, told TechCrunch that teens just don’t find value in Facebook anymore.
“There are now well over five strongly positioned social media platforms to endlessly scroll through, and it isn’t sustainable for our minds to compartmentalize nor prioritize our relationship with all of them,” Terpak said via email. “For the sake of time and sanity, people have to eliminate platforms that begin to lack a value-add incentive.”
Terpak thinks that Facebook, which teens often associate with their parents, has little to offer Gen Z.
“The culture cultivated by the average Facebook user is very disconnected from what attracts Gen Z to a platform today, instead exuding the energy of a spam email,” she said.
Even in 2013, when 77% of online teens used Facebook, young users still felt negatively about the platform.
“While Facebook is still deeply integrated in teens’ everyday lives, it is sometimes seen as a utility and an obligation rather than an exciting new platform that teens can claim as their own,” Pew’s report from 2013 said. In that nine-year-old study, Pew found that teens expressed more enthusiasm for other platforms, even if they weren’t using them as much as Facebook. That trend has remained constant — as new generations of teens join social media, they’ve almost abandoned Facebook altogether.
Pew’s new findings are also consistent with Facebook’s own internal reporting, according to documents leaked by whistleblower Frances Haugen. A Facebook researcher found in early 2021 that teenage users on Facebook’s app had declined 13% since 2019 and projected that the figure would continue to plummet 45% over the next two years. Overall, Facebook usership has remained somewhat stagnant, but this drop-off in a key demographic is bad news for Facebook’s ads business, which makes up the bulk of its revenue.
“Most young adults perceive Facebook as a place for people in their 40s and 50s,” said the 2021 internal Facebook document obtained by The Verge. “Young adults perceive content as boring, misleading, and negative.”
Instagram is not far behind TikTok
Even if teens are tired of Facebook, they haven’t given up on Instagram, another Meta platform. Sixty-two percent of teens use Instagram, up from 52% in the 2014-2015 survey. But TikTok, which wasn’t even released at the time of the last study, is now used by 67% of U.S. teens. Ninety-five percent of teens say they use YouTube, which may make it seem like it’s the dominant social platform — but many users interact with the platform simply to watch videos, rather than as a place to connect with others online. For example, a teen who uses YouTube to listen to music would be included in that 95%.
But as TikTok inches above Instagram and Snapchat — which are used by 62% and 59% of American teens, respectively — it makes sense why these older platforms are so desperate to mimic their newer competitor.
Pew also asked the 1,316 surveyed teens about the frequency with which they use these apps. But TikTok still earned a greater share of teens’ attention than any platform aside from YouTube, which 19% of teens say they use “almost constantly.” TikTok, Instagram and Snapchat earned this “almost constant attention” from 16%, 10% and 15% of teens respectively. Only 2% said this about Facebook.
These “almost constant” admissions might seem alarming, but teens are aware that social media usage may not always provide the social connection they hope for. Thirty-six percent of teens think that they spend too much time on social media. Conversely, only 8% of teens said that they think they don’t use social media enough.
If you think Gen Z is full of phone-addicted zombies, though, you might be wrong. Forty-five percent of teens said that they wouldn’t have trouble giving up social media. More power to them.
Google Meet’s new feature lets users consume YouTube and Spotify together – TechCrunch
As Google continues the great merger between its Duo and Meet video communications apps, the company today announced that it’s introducing new Apple SharePlay-like live-sharing features to Meet, making it easier for call-participants to engage with content together in real time.
It’s worth noting that Google already introduced some live-sharing features (e.g. watching YouTube videos together) to Duo back in February, and now it’s bringing them to Meet as the part of the merger.
The live-sharing feature will let users watch YouTube videos together, for example, and listen to songs on Spotify or play games such as Heads Up!, UNO! Mobile or Kahoot!.
These new features will be available under a new Activities tab — which also hosts Q&A and polls options — and is accessible through the three-dot menu. From there, users can start a shared activity — for instance, if they want to listen to a Spotify track together, they would tap on the Spotify icon and Meet redirects them to the Spotify app where they can join a group session. Notably, the group session feature is only available for Spotify Premium customers, with support for two to five participants.
Last week, Google took the next step of merging both video calling apps by updating the icon for Duo and renaming it Google Meet. As for Google Meet, it will be now called “Google Meet (original),” with a green icon — yes, it’s all very confusing. The tech giant has been adding other new features to Meet, too, such as instant and schedule meeting options, in-meeting chat, and virtual backgrounds.
While these latest updates work well for Meet calls across different platforms, consumers embedded in Apple’s ecosystem will already be familiar with this type of social content consumption through SharePlay, which works across a broader array of apps such as Apple TV+, TikTok, Disney+, Hulu, HBO Max, NBA, Twitch, TikTok, MasterClass, ESPN+, Paramount+, Pluto TV, Apple Fitness+, and Apple Music.
This Yale alum wants to build a telemedicine platform expressly for Alzheimer’s disease – TechCrunch
Nikhil Patel is the kind of founder who investors adore. He’s a brainiac who, before studying computer science at Yale, spent three years in high school working as a research associate at the University of Central Florida. “I started working there before I could drive, and it was the most embarrassing thing to get dropped off by my mom at the office,” he says with a laugh.
Patel also has a personal connection to the problem he is trying to solve, that of trying to diagnose and address Alzheimer’s disease as early as possible. Watching his grandmother lose ground to Alzheimer’s, and understanding, from a young age, that an early diagnosis and intervention can delay the onset of dementia, he centered his research on building Alzheimer’s-related computerized diagnostics — which wasn’t easy to pull off as a teenager. (He says he finally found one professor who was willing to publish his findings under the auspices of the lab after more than 100 others turned him down.)
Patel did get a wee bit distracted. After graduating from college, he logged time at a “couple of different hedge funds” and at Goldman Sachs where he worked on trading algorithms. But by early last year, as another relative was diagnosed with Alzheimer’s, he returned to earlier work, founding Craniometrix, which is today a tiny, three-person operation with sizable ambitions.
So far, the team has raised $6 million in seed funding for a HIPAA-compliant app that, according to Patel, can help identify Alzheimer’s disease — even years before symptoms appear — after just 10 minutes of gameplay on a cellphone. It’s not purely a tech offering. Patel says the results are given to an “actual physician” affiliated with Craniometrix who “reviews, verifies, and signs that diagnostic” and returns it back to a patient.
But the company’s backers — including Quiet Capital, Defy.vc, Olive Tree Capital, Rebel Fund, J Ventures, Cathexis Ventures and Y Combinator — and really betting on Patel and his bigger vision to create a one-stop, direct-to-consumer tele-medicine platform that not only helps with early Alzheimer’s detection but that also provides ongoing support to patients and their caregivers.
It’s a concept that Neil Sequeira of Defy says he rallied around easily, given his firm’s interest in startups that use tech to improve upon legacy healthcare businesses. (Others of Defy’s bets include a cloud-based lab management startup called Genemod and Apploi, a healthcare hiring platform.)
But Sequeira suggests that he might back anything Patel worked on. In fact, he says he met Patel through another CEO whose stealth startup Defy has funded and who, when asked about the smartest person he has ever met, pointed to Patel.
Only time will tell whether those smarts will successfully bolster a big business, but unsurprisingly, Patel already has a roadmap.
While step one centers on people who are concerned about developing Alzheimer’s, want to self-screen at home, and will receive a doctor-reviewed diagnostic report from the company within 48 hours, Craniometrix expects to soon offer real-time doctor access to customers who may have questions and concerns after receiving their report.
Craniometrix also plans to create bundled monthly subscriptions that will include point-in-time screenings, access to live doctor assistance, and other tools to address symptom management and caregiver support.
It’s a big market, Patel argues. He asserts that caregivers today spend $3,000 a year out of pocket on the types of services that Craniometrix will eventually offer online. He also notes that while the direct-to-consumer market alone is a big opportunity, he is already having “interesting conversations” with health plans about using tools like those that Craniometrix is developing to cut down on unnecessary patient visits.
Says Patel, “a lot of today’s visits could easily be served by a chat service or an offline communication service.”
Ultimately, Patel says, the idea is to eliminate the need to go to a medical office. But it’s also to “keep people on better footing” when it comes to managing the disease.
Considering that Alzheimer’s currently afflicts 6 million Americans alone and that those numbers are growing fast as the overall population ages, the company could well be one to watch. Stay tuned.
Nicole Kidman Sweetly Reacts To Emma Roberts Gushing Over Keith Urban
Judds Ask Court To Seal Report Of Naomi Judd’s Death Investigation
Digital pensions platform Penfold raises $8.5M Series A led by Bridford Group – TechCrunch
a16z’s Chris Dixon shares his insights on crypto at TechCrunch Disrupt – TechCrunch
Angelica Ross Will Be First Transgender Star Of Broadway’s ‘Chicago’ This Fall
Mike Tyson Takes Shots At Hulu For Stealing His Story In New Series: ‘Heads Will Roll For This’
Technology3 days ago
a16z’s Chris Dixon shares his insights on crypto at TechCrunch Disrupt – TechCrunch
Entertainment5 days ago
Mike Tyson Takes Shots At Hulu For Stealing His Story In New Series: ‘Heads Will Roll For This’
Entertainment2 days ago
Broadway’s Julie Benko Looks Beyond ‘Funny Girl’ On Vibrant New Album
Entertainment5 days ago
John Oliver Gives Marjorie Taylor Greene A Blunt Fact-Check On Monkeypox
Technology5 days ago
‘Winter may be longer’ because unicorns won’t accept down rounds, says SoftBank leader – TechCrunch
Technology4 days ago
Game firms request India PM Modi ‘uniform and fair treatment to all’ following BGMI ban – TechCrunch
Entertainment5 days ago
John Travolta On Olivia Newton-John’s Death: ‘You Made All Of Our Lives So Much Better’
Technology4 days ago
Elon Musk sells nearly $7 billion in Tesla shares – TechCrunch