Howard Tullman on AI, Health Tech, the Magnificent 7, & 5 Criteria for Judging EVE
2023.11.03 20:34
Howard Tullman shares several of the lessons he’s learned over his decades as a VC/private tech investor and operator. He also provides insights into current sector conditions and emerging developments of interest to investors. Specifically, Howard shares the five criteria he uses to judge every business plan that comes across his desk. He also explains why investors should “starve your losers early, feed your winners, and be patient.”
He commends strategic moves being made by some of the “Magnificent Seven” stocks, including Amazon (NASDAQ:), Microsoft (NASDAQ:), and Apple (NASDAQ:), while critiquing the practices of others such as Meta Platforms (NASDAQ:) and Google (NASDAQ:). For example, AMZN, MSFT, and AAPL are companies where Artificial Intelligence (AI) “drives and improves” the business and where health tech is playing an increasing role. But META and GOOGL “live off of invading our privacy,” something that governments and parents are increasingly critical of.
He then discusses how the job market will be forever changed by technology, why companies with this one specific business model will face significant problems, and how developments like instantaneous translation will increasingly put Star Trek-style tech in the hands of everyday people. Finally, he pivots to a discussion of regulatory risk and how technology can be abused in the wrong hands.
This content was originally published by MoneyShow.
