TLDR:
- Investors at Fortune’s Brainstorm Health summit discuss the challenging environment for health tech startups
- Despite the tough conditions, there is optimism for companies that can meet the higher bar set by investors
Venture capital investors at Fortune’s recent Brainstorm Health summit discussed the challenging landscape for health tech startups. After a period of extraordinary growth, health tech startups faced setbacks as the market adjusted post-pandemic. The headlines were bleak, with sinking valuations and resetting expectations, but there is optimism for companies that can meet the higher bar set by investors. Investors are now looking for profitability and business models that address unmet needs. Companies that can demonstrate resilience and adaptability in the current environment may find opportunities for success in the future. Despite the difficulties, there is money to be made and patients to be served, leading to cautious optimism among investors.
