How Jay Desai built and sold PatientPing for $550M
In this episode of Money Moves, we sit down with Jay Desai, an experienced entrepreneur and investor, to delve into his journey of building PatientPing, a healthcare coordination platform, and navigating the challenges of fundraising. Jay shares the pivotal moments that defined his role as CEO, including the creation of a "user guide" for working with him, which helped him align expectations and set a clear vision for his team.
He reflects on the process of raising venture capital, securing early customers, and scaling his company, ultimately leading to a successful exit. Jay also provides insights on the healthcare tech industry, his lessons learned from working with investors like Bill Gurley, and his transition into angel investing post-exit.
This conversation offers invaluable advice for entrepreneurs at any stage, from building a product to achieving market dominance and facing the realities of startup exits. Whether you're a founder, investor, or curious about healthcare innovation, Jay’s experiences provide actionable takeaways and inspiration.
Topics Discussed in the Episode:
The creation of a "user guide" to working with Jay as a CEO
Building and scaling PatientPing, a healthcare coordination platform
Key lessons from raising venture capital and pitching investors
Navigating competition and market leadership in health tech
Transitioning to angel investing and the future of health tech
Connect with Jay Desai:
https://www.linkedin.com/in/jdesai01/
Connect with Kesar Varma:
Kesar Varma - Upfront Ventures | LinkedIn
Connect with host Neil Devani: