The following is an interview with Ted Sanft, and extraordinary Nashville business leader, healthcare innovator and investor. NueCura Partners is honored to count Ted amongst its membership!
Q: What is your motivation for angel investing?
A: I really have three reasons for pursuing angel investing:
1) In my past business experience, I have been primarily involved in venture capital and private equity investments and I wanted to learn more about angel investing.
2) I felt strongly that I wanted to help improve and grow the Nashville entrepreneurial ecosystem.
3) Hopefully I will find a great companies to help grow and monetize!
Q: What are the unique skills that you bring to the NueCura Partners group?
A: While I think I have a great understanding of business, at my core I am a technologist. I have the ability to understand how technology applies to the business, how sustainable that technology is, and how much technical risk is inherent in the potential company’s technology base. With my experience at Change Healthcare and Care Technology Systems, I also have a firm understanding of HIPAA and overall healthcare technology.
Q: What attracts you to the NueCura Partners model?
A: I really like the idea of this group of really smart folks reviewing deals. I am constantly surprised at the conclusions others draw when reviewing a company and the level of insight others provide in the deal reviews. Considering all the members opinions helps to make all of us smarter, more informed investors. The “deal flow” is also very attractive, we have already looked at a lot of companies and have invested in several. In my opinion, NueCura Partners brings a better approach to angel investing. It also helps immensely to have a practicing physician leading this group, since practical application of some of the products we are reviewing is best understood by someone that might use the product.
Q: What excites you about angel investing in healthcare in Nashville?
A: Everything! In all seriousness, the ecosystem for healthcare startups in Nashville is vibrant and there is a great deal of opportunity for the entrepreneur and the angel investor.
Overall, I think the NueCura Partners model can do great things for angel investing in Nashville and for the companies we invest in!