Soon, Samsung Health’s tens of millions of users will be able to own their records and begin a journey of owning their health care through these records. In this episode, Jonathan Machado, the Managing Director at Samsung Next, shares insights on the operating and integration model between Samsung's business units and its corporate venture group. He delves into the company’s unique approach to venture capital, emphasizing a model with no proof that fosters entrepreneur-friendly investment. Jonathan reveals Samsung's healthcare strategy and growth vision, emphasizing decentralization and empowering individuals to own their health. He also illustrates how Samsung Next identifies visionary founders with transformative ideas, seeking multidimensional solutions to healthcare challenges. Success stories, including LoopPay and SmartThings, showcase the efficacy of this approach. Tune in to grasp the intricacies of Samsung NEXT's venture strategy, the impact of cultural dynamics, and its vision for revolutionizing healthcare through innovative startups.
About Jonathan Machado:
Jonathan Machado is the Managing Director of Samsung Next, which is Samsung Electronics' venture capital arm. He is in charge of making investments in health tech. He has helped Samsung Next participate in many businesses, such as BigHealth, Healthy.io, Huma Therapeutics, Lark, Elvie, and DayTwo.
Jonathan worked as an investor and partner at Jerusalem Venture Partners for five years before joining Samsung Next in 2018. There, he focused on early-stage Israeli startups. Besides that, he has an MBA from The Hebrew University of Jerusalem.
Jonathan was born and raised in Jerusalem. He and his family just moved to the New York metropolitan area.
Things You’ll Learn:
Resources: