How a top VC went from carrying Steve Jobs' bags during the Apple IPO to betting on companies that can lower costs and make going to the doctor less terrible

📆 2019-04-18 17:57:00
📰 BusinessInsider

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Oak HC/FT managing partner Annie Lamont's focus has shifted from biotech, to health IT, to companies like One Medical. She helps oversee $1.1 billion.

has been investing in healthcare for three decades.

Her driving force for the investments were that she didn't want to add costs to the system."I just felt like so many of the ills around healthcare are not necessarily going to be solved by a drug but maybe a better healthcare system," Lamont said.In 1980, Annie Lamont, a newly minted Stanford graduate, was carrying Steve Jobs' bags during Apple's initial public offering road show.

So a year and a half into her job with the bank, she decided to make a leap into venture capital. She loved working with entrepreneurs, but she knew she wasn't an entrepreneur herself."People had no idea what venture capital was," Lamont said.Since then, Lamont's gone on to back dozens of influential startups that have shaped the future of healthcare: from biotech, to healthcare software, to primary care, with the aim of making healthcare better and more affordable.

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