{"id":210686,"date":"2017-02-24T01:51:36","date_gmt":"2017-02-24T06:51:36","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/why-former-tech-execs-are-leaving-google-and-twitter-to-start-health-care-companies-fast-company.php"},"modified":"2017-02-24T01:51:36","modified_gmt":"2017-02-24T06:51:36","slug":"why-former-tech-execs-are-leaving-google-and-twitter-to-start-health-care-companies-fast-company","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/health-care\/why-former-tech-execs-are-leaving-google-and-twitter-to-start-health-care-companies-fast-company.php","title":{"rendered":"Why Former Tech Execs Are Leaving Google And Twitter To Start Health Care Companies &#8211; Fast Company"},"content":{"rendered":"<p><p>    When Stephanie Tilenius, a former senior executive at eBay and    Google, decided to start a health-coaching app, many in her    network were incredulous. \"Everyone thought I was crazy,\" she    recalls. \"Some people loved that I wanted to do something to    help others, but a lot socially ostracized me.\"  <\/p>\n<p>    For many entrepreneurs, the health sector offers an enticing    opportunitywith strings attached. It's an estimated $3 trillion market and is still    dominated by a cadre of traditional players. But many in the    technology sector have shied away from the industry after witnessing many high-profile failures    and realizing that change doesn't happen quickly. \"Silicon    Valley operators and investors see that health care needs    better technology,\" explains veteran health IT consultant Ben    Rooks. \"But they learn quickly that health care isn't about    radical disruption; it's about slow evolution.\"  <\/p>\n<p>    Despite the challenges, a small but growing group of former    technologists from companies like Google and Twitter are in it    for the long haul. In many cases, their motivations are deeply    personal: A family member lost to chronic disease, or a brush    with the broken health care system. I spoke to four former tech    executives about their reasons for moving into health care, the    cultural differences between the two sectors, and the    challenges they've faced along the way.  <\/p>\n<p>    \"Because patients deserve better than a seven-minute    visit.\"Stephanie Tilenius, former VP of commerce and    payments at Google and former GM and VP at eBay and    PayPal  <\/p>\n<p>    Stephanie Tilenius started her career at e-commerce companies    like eBay and PayPal, and eventually ascended the ranks to    become a senior vice president at Google. But prior to joining    eBay in 2001, she spent a few years at an online drugstore    called PlanetRx. That early experience in health care had a    lasting impact on Tilenius. When her father got sick, she felt    an even stronger pull to quit her steady tech job to make an    impact in the sector. \"My father had multiple chronic    conditions and went from doctor to doctor,\" she recalls.  <\/p>\n<p>    Stephanie Tilenius[Photo:    courtesy of Vida]  <\/p>\n<p>    These days, she is the CEO of a startup called Vida, which provides    virtual care for patients with chronic ailments. Before    starting the company, Tilenius reflected on her father's need    for \"continuous care,\" which would involve all of his care    providers communicating with him and each other between office    visits. Tilenius believes his heart attack could have been    avoided, or at least delayed, if he had received better care    than a \"seven-minute visit, in which all his doctors would all    just tell him to change his diet.\"  <\/p>\n<p>    Unlike many of her peers in health tech, she made a point of    working closely with medical centers that were already    developing clinically validated programs for treating patients    with chronic disease like diabetes, depression, and    hypertension. She started Vida to make these programs more    accessible by shifting some of the components online, and    connecting patients with virtual health coaches to inspire    long-term behavioral changes.  <\/p>\n<p>    At first, many friends and acquaintances in her network    couldn't understand why she'd leave a successful career in tech    to start a health company that would likely grow and monetize    at a slow pace. \"People didn't understand why I would leave a    senior role and money on the table,\" she says. \"In Silicon    Valley, it's about hypergrowth, and if you're not doing that,    then there's something wrong.\" Likewise, many in health care    were skeptical about technologists moving into their own    complex sector. Tilenius believes that she'll ultimately show    her detractors on both sides that new platforms will emerge in    health care, starting with mobile and cloud, and that companies    like Vida will be at the forefront. Ultimately, she asks,    \"Don't you want us crazy Googlers to help people by building    companies and taking risks?\"  <\/p>\n<p>    \"It's a quest for purpose.\"Katie Jacobs Stanton,    former VP of global media for Twitter, and Othman Laraki,    former VP of product management at Twitter and former product    manager at Google  <\/p>\n<p>    For Othman Laraki, the CEO of Color Genomics, the migration of    technologists to health care is inevitable as the so-called    \"internet generation\" ages and their priorities change.    Laraki's company offers a $249 test to screen people for gene    mutations associated with various cancers. Laraki says he left    a job in product management, in part because he learned that he    is a carrier of one of these mutations. He also found through    his research that those with an early awareness of their    disease risks can take proactive and preventative steps. \"Color    started with a simple question,\" he recalls. \"Is this test    something that could benefit my family as well as other    families out there?\"  <\/p>\n<p>    The shift to health care hasn't been easy. One of the key    differences between the two sectors, he explains, is the    criteria for success. \"In tech, [the adage] is kind of true    that 'if you build it, they will come',\" he says. \"In health    care, the quality of the product is like No. 10 on the list.\"    Other factors are more important, such as price, privacy,    patient safety, relationships with key industry stakeholders,    and so on. Laraki is confident, however, that this will slowly    start to change with more data flowing in health care and the    trend toward consumerization.  <\/p>\n<p>    Othman Laraki[Photo:    courtesy of Color Genomics, Inc.]  <\/p>\n<p>    In the meantime, he says that Color Genomics has been able to    get an edge on its rivals, in part due to the technology    background of its founders. As an example, the company started    out by pricing its product in a unique way. The founders made    the test affordable enough for most patients to pay out of    pocket. \"It was unusual, but an effective way to reach a lot of    people.\" Most gene-testing companies will instead choose to    work with insurance companies to maximize revenue, often at the expense of its patients. By    iterating continually on the product, a talent acquired at    Google, Laraki says the company was also able to cut the time    it took to develop a fully compliant in-house lab from the    expected one year to just three months.  <\/p>\n<p>    The response among those in the tech community to Color has    been mixed. \"I get a lot of, 'That's interesting,' or, 'Huh?'    says Laraki. But he and Chief Marketing Officer Katie Jacobs    Stanton say that many of those same people want to get involved    when they simply explain the opportunity. For Jacobs Stanton,    the decision to join Color came after she watched her brother    and father battle cancer. But she also had practical reasons    for coming on board: \"I follow the three-principal model,\" she    says. \"Who are the people? What is the product? Could I help?\"    Jacobs Stanton, who is also an investor in Color, joined the    company only after being convinced on all three fronts.  <\/p>\n<p>    \"I wanted to build something of everlasting    value.\"David Vivero, former vice president of rentals for    Zillow  <\/p>\n<p>    David Vivero recalls a not-too-distant past prior to the    Affordable Care Act in which a person with a chronic medical    condition, himself included, could be denied health insurance.    Things may have changed on that front, but many people still    feel regularly dissatisfied with their experience in health    care. That prompted Vivero to start a company geared to    consumers and patients (most health companies are    business-to-business). \"I wouldn't say it hit me like an    epiphany,\" he says. \"I started with an image of a single page    that could be a window into an important health decision, and    then it evolved.\" For Vivero, another motivator came after he    became a parent: \"Now, having a child, I wanted to build    something of everlasting value.\"  <\/p>\n<p>    Vivero's startup Amino aims to provide transparency for patients on    physician quality and price so they can make more informed    decisions. One of the challenges for Vivero has been to    convince veteran health technologists that there's a route to    make money through consumers, he says. Aware that many    companies have tried and failed to improve transparency, some    industry experts are skeptical about his chances. \"The first    movers tend to have arrows in their backs,\" he explains.  <\/p>\n<p>    But Vivero is convinced that technologists have a good shot at    improving some aspect of the health experience if they stay    humble and bring in experienced medical advisers. He says many    entrepreneurs fall into the trap of eyeing the    multitrillion-dollar opportunity and casting their net too wide    without realizing that one sliver of the industry could be    worth hundreds of millions. \"When you are out there speaking    with the bluster of a typical Silicon Valley entrepreneur, try    to modulate it,\" he advises would-be founders. \"Start with    empathy, and a desire to get it right for each individual    user.\"  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Read this article:<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/www.fastcompany.com\/3068392\/innovation-agents\/why-former-tech-execs-are-leaving-google-and-twitter-to-start-health-care-\" title=\"Why Former Tech Execs Are Leaving Google And Twitter To Start Health Care Companies - Fast Company\">Why Former Tech Execs Are Leaving Google And Twitter To Start Health Care Companies - Fast Company<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> When Stephanie Tilenius, a former senior executive at eBay and Google, decided to start a health-coaching app, many in her network were incredulous.  <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/health-care\/why-former-tech-execs-are-leaving-google-and-twitter-to-start-health-care-companies-fast-company.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-210686","post","type-post","status-publish","format-standard","hentry","category-health-care"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/210686"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=210686"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/210686\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=210686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=210686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=210686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}