A new source of startup funding: ‘Doctorpreneurs’

“Even though he was still in residency, Dr. Jay Joshi didn’t hesitate to launch a startup. Now he’s funding them, too.

The Chicago “doctorpreneur” has assembled a group of about 30 physicians to fund health care-related startups at the earliest stages. His pitch is simple: Doctors generally have capital and need to diversify their finances beyond their own practices and the stock market. Meanwhile, one of the biggest barriers for health care entrepreneurs is finding investors comfortable enough with the sector.”

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