January 31, 2014

POINTS AND FIGURES: The Times, They Are A Changing. “One sector that is seeing a rapid investment drop is healthcare and devices. That has hurt the North Carolina VC industry harder than it hurt Boston. It’s also subject to some longer term trends. Obamacare has a medical device tax buried in it-and it has caused money to pull back from taking risk in healthcare while everything gets sorted out. The FDA is a horrible bureaucratic organization to deal with, and they have made it hard to innovate.”