YouSaid · the spoken record
Scott Dorsey
- lines on the record
- 66
- first
- 2019-11-22
- most recent
- 2019-11-22
- sittings or episodes
- 1
- sources
- podcast
Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections
“A nostalgia of the past, and I think these photo ops we're talking about by the old abandoned grain elevators and on the tractor is one thing. And there's actually, it's like a fetishizing of it, but the reality is to your point, Sarah, that actually spending time in universities and bringing that back is a good piece of advice.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Right, right. But you go to the halls of Purdue and you're going to find some really amazing stuff. So it's just, you know, again, be honest about the investment, and that means being honest about the time. I mean, not to say that farming wouldn't have, you know, wonderful entrepreneurs, but when people are concentrating on their own family farms, we need to get to where we can know those people, people who have lived in the Midwest know those people, know what they're going to need. And then again, going to the centers where those people are getting trained.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Whatever. He was on a tractor. I wanted to run him over for that. I was like, don't get on a tractor, just invest money here. Like, there's all kinds of interesting ideas. Open your wallet. Open your wallet and put, like, it was so, I don't know, it was just like a”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“It's interesting about a lot, Mark Cuban's been talking about it and others. And what's fascinating is that it doesn't sustain. There were these visits of people to the Midwest, which I thought were insulting to people here. I'm going to go on a tour and meet somebody.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“I would say get on a plane. Get on a plane. Come take a look at Indiana. Spend time with startup entrepreneurs, spend time with those colleges, get to know the state. Are there cornerfields? Yes. Is it the heart of the Midwest in a lot of ways? Yes, but it's a wonderful place and really a tremendous amount of smart people here. If you're not willing to get on a plane and come visit though, it's at arm's length and maybe you'll be interested and maybe you take the phone call. I would say don't be lazy. Come here and take a look. Yeah, I'd say there's a lot of great things happening here and they need to pay attention. I think one of the big issues, again, in the Bay Area is not only cost, but the brain power is spread so thin. There's a lot of brain power coming out of here. And so not only come here, but come to the universities and talk to the people who are teaching all these future entrepreneurs and find out, you know,”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“I think that this whole debate of Silicon Valley versus the other markets and things like that, it's just kind of an interesting thing. But I think sort of dropping the ego a little bit, only the good ideas can come from there and only the good entrepreneurs, I think is sort of crazy. Not every good idea is going to come from Stanford. And so I think look at this market as an opportunity to invest in companies and don't look at it as the discount to getting good value on an opportunity that won't be that big, but an opportunity to put as much capital that goes a lot farther and can track people. And I think that's what I would say. And also that companies like that start in Indianapolis can beat in win markets from here. So I think just acknowledging that a little bit more.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Okay, last question What is your advice to Silicon Valley? So obviously I could say ask a question to Silicon Valley, but I'm more interested in what your advice is to the people who might be listening who have wield a lot of power in the future of technology. What would you say?”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“I was at Twitter at the time when that whole religion issue happened in Indiana, and Mark Benioff, we were all sitting around wondering if Dick Costolo was going to make a comment on it. Obviously, Twitter didn't have a business here. It didn't have a company site here, but Mark Benioff, without a doubt, just didn't even go through his PR team or his policy team. He just started tweeting, we're going to pull out of Indiana if this occurs. And I just thought it was really extraordinary leadership. And the kind of leader where he didn't vet that with anyone. He just knew what the right call was.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“It was never, it was interesting because a lot of states, a lot of the social issues, they did not want to come to a state that had partisan social issues. Just they don't want to get in the middle of it. And so they want to be.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“I mean, I think one of the things that comes out of the Midwest today are these stories like what's happening in Wisconsin and bringing in Foxconn. What did that? When it happened, you were like, what are you doing? Same thing. But then the opposite happened in New York with Amazon where they just said no. And right now, which is really fascinating, Amazon has just as many workers there in that area that they were going to put in for the gimmies they were getting. So they were going to do it anyway. It was really interesting, this idea that you have to pay these tech companies to come here, which I think is a huge mistake. They should either come there or they shouldn't.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“I think they do anything that's in their means that they're capable of. I don't know if they could do a lot more. I think you look at the Bay Area. Most of the great companies, I don't know if it's most, but many, are founded by people that are not from there and are not from the country. So one idea that I would have, you know, because I would love more education change things long term, but if it was right now. open up the ability for us to bring in all the talented people of the world to a low cost of place to bring their ideas and their capabilities. And that would be it.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“You know, I think there's things the state can do to help bring more money into startups, whether that's the next level fund or other ways to provide incentives to the small startups. You know, we have a big company come in. They get a lot of state incentives. I think the smaller companies need big incentives too so that we have more opportunities. We need more at BAPS for the smaller companies to...”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Our problems, yes, and all kinds of it's really, you know, and also energy, the other one is, which none of you have mentioned, like energy innovation would seem was originally from here in many ways. Go ahead.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“I think an understanding of what the benefits are here really. I think that's one of the things that lack is that there are wonderful things here in Indiana for people, but I think that we need to do a better job of letting people know. I think that's one of the things. And again, I really appreciate all the comments that you've made because one of the comments I get all the time when I go to conferences is Indiana, who knew, you know, and I'm like, well, I did. I mean, like there are people who knew, you know, Verdic came here. There's a lot to be said for here, for the people that are here. For, again, the brain power that is coming out of towns here. And the problems that are here. And again, I mean, we need to solve the problems that we're facing here in the Midwest. And, you know, your example with the cars and public transport would be an excellent one. But also, again, healthcare. I mean, we are sick here in the Midwest.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Right Yeah, that would be really transformation in the meta seems the smartest bet, but you're right, the money that it requires is enormous, is enormous. All right, I'm going to finish up talking a little bit about what you would do now if you're all in interesting companies, you're all doing things. What would you put in the Midwest to make this area take off Indiana specifically? What would you need if you could sort of rewrite things?”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Maybe it's because all of our engineers are leaving Purdue and going to the Bay Area. Yeah. I do think it's interesting because if you go around these small towns, most of them were built on communities that were building auto parts that ultimately helped build cars. So it is ironic. I don't know the answers of why engineers aren't focused on the problem. Maybe it's back to the money. One thing about changing how cars work is it talk about small checks five to $10 million to start a software company. You need billions to start new technology. There is a company called Rivian that's Michigan based. There's another one in northern Indiana as well that's kind of trying to compete with Tesla. So I think maybe more of that will start happening.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“To be solved because it will be solved in the cities with either vertical lift and takeoff or when Uber finally does make money. But it was really interesting. I was like, innovation should actually come from the Midwest, from rural areas and things like that versus... cities where it will be solved”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, transportation, I think, is an interesting one, right? How people are going to move around, right? We're talking about a lot of people and things like that, autonomous driving. Indianapolis, if you spend any time there, there is some public transit that is launched there. But you look at the opportunity to have autonomous driving. And we're already set up with roads that are for vehicles and things like that. So I think it's going to be really interesting to see how we change the automotive industry and everything. I think it's going to be really interesting.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“And applying them to new work cases. I just interviewed Sarah Menker from Grow Intelligence. She was doing farming data that no one had done. No one had thought about it. And she just suddenly got very interested. She actually started on a farm, or I forget. People who are grading things in these tight areas like the Bay Area don't have as much insight into where the real problems are. And as you said, there's 150 Fortune.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“I think I'm living it. I truly believe that mobile technology is where a lot of enterprise applications are going to go. It's not the person sitting behind the desk trying to do better marketing. That's not where the bulk of the workforce is. So I'm excited about what we're doing there. And if you think about the aging workforce and you think about manufacturing, you think about those service workers, those construction workers, the younger workforce was like born with a smartphone in their hand. So when you have kind of less effective software for them or you don't have any software at all, which is what we're seeing with kind of the safety space, they're like not interested in working. They'll go find something else that's more innovative. So I think there's been some studies done on it and companies who are focusing on mobile technology and writing that wave have, I think, some really big opportunities.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“And I don't think you have to be based here again, like talking about Verta specifically. I mean, we're based in the Bay Area, but, you know, we definitely have put a big footprint here. And that's good for Indiana. And we expect to grow that here. And once again, innovation happens everywhere. And sometimes, you know, in the places that you'd least expected are the scrappiest people.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“And just to make the point, too, Exact Target, I did IPO first before it was acquired. So there was just as good of a chance depending on the way things kind of happened with the acquisition that they could be a standalone company today.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“And home advisor. They've kept a large presence Have actually grown that group. There's other companies like Amarcis that have moved their headquarters. So I think we're starting to see, and there's some others that have moved to downtown India. Or Indiana recently. So I think we're starting to see that influx because the climate is good. You know, we've got the good universities, the talent is here. So I think the larger companies are starting to see what they could do in Indiana.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“think we're super great about marketing ourselves. There's great companies not just within the High Alpha portfolio, but across the entire state that are very innovative, that are growing, that are starting to get traction. I think part of it is getting the word out about what we have and what we're doing. And I think that helps get more money and have people stay and invest.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“I agree. And I think, you know, we had a primo as another company that had, you know, an exit and the founder of a primo, Bill Godfrey state in Indiana and has put money back in several companies. So you've got a handful of those VC funds That are growing. And I think part of it is there's got to be more oppressed about the good things that are happening in Indiana.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I mean, they're all here. And those people are putting out tech people. And tech people are needed. And yes, some of them leave, but some of them, especially if they came from here, choose not to. And when we were choosing a place to live, you know, we wanted a Midwestern college town. Why? Because we knew we could get flights out. We knew we could have a low cost of living, high quality of life. People always ask, are you going to move to the Bay Area? Since I work for Verta, I'm like, no, there's a direct flight, as you already pointed out. And I do just fine, but I get to come home to my, oh my gosh, we have to go to the mall. It's 10 minutes away. Do we actually do that? Like, you know, which is unheard of in other places.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“We put out so many good people is the other thing. I say this because now not my business or physician self, but as a mother who's starting to look at colleges. And my husband and I the other day were like, wow, you know, how is it that Indiana has so many good options, so many of the great ways?”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“So that's great. And I think Indianapolis in particular is an urban community, so it's going to have more educated people. It's going to have a different viewpoint than just rural Indiana as an example. In rural Indiana, where I'm from as well is sort of the left behind and that sort of thing. So we're kind of this state that's got a pretty good, even population of people living in urban areas and as well as the rural areas. And that's kind of the conflict that I think sometimes you see on the view, the views within the state. But overall, I think within the tech community, we feel like community involvement, strong pursuit of diversity, I mean, we all are doing a lot around those types of initiatives. And so I think it's changed from when definitely when I grew up here and come back, there's a noticeable change.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, so I think ultimately in the end, I don't think that spoke to the entire state. I think for me that didn't represent my views. And I think a lot of people that I know. So I think we unfortunately get biased. But everybody does too, right? They are as liberal. And, you know, I mean, everybody has their biases. But I think setting politics aside just for a second is that the business climate here to starting tech companies is very good.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I was actually out of the state, so I like you. I'd left. I didn't go very far. I went to Chicago. And so I was actually out, you know, I was there when it was happening. I remember being at a restaurant and people just talking about it. So I was sort of embarrassed. You're talking about speaking specific.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“10. It's a big 10 school. It's a public school. My whole family went there, so it's clearly where I was going to go. I left the state and I moved to DC and I moved to different cities to find my career. I left because I love Indiana now, but I left it at a time when I just felt like I couldn't be here. Wants to jump”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“I do think after working at both Google and Twitter, so I grew up here, I studied journalism, Robin, and then worked for both Google and Twitter. And there's a lot of talk about the use case and the user story of who you're working for. And I just think it's so interesting because oftentimes some of the stuff we were working on, you have to get into the field to understand who you're building a product for. And it depends what you're building. I mean, with these tech companies like Google and Twitter, they're building products for the entire world. So it actually is a little scary that they don't touch the entire world with their employee base and might not have firsthand experience in all these places, but it is interesting that you have found success here with the clinical trial. Now Verta made that investment. It makes a lot of sense that you would do that. I want to ask, so I obviously left Indiana. I went to IU and I left right out of college.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“For something like this in healthcare, I think it would have been more of a challenge. I'm certain of that. Would it have been possible? I think it would have just, again, because we look and we say Indiana's has a huge problem here. And, you know, with the cost savings and return on investment, when you get patients off of medications and get them healthy and reversing their disease is so astronomic. And so it comes down eventually to the investors, the insurance and everyone where it's Argument. I don't like that it's a financial argument. I like”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“So it was a logical place for us to set up the trial. And so once again We go where the problem is, and of course, Verda operates now in all 50 states. But like I said, again, they have a special interest in investment here in Indiana. Very proud and happy to be part of that.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“So no, we are funded from the Bay Area, so Sami runs our financial show, if you will, and obviously has done an amazing job of it. But again, our connection here is When you think about type 2 diabetes, where are the problems? And they tend to be less on the coast.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, but we might have to talk to more investors than someone in the Bay Area, but there's a lot of key investors that know that there's a lot of great opportunities that are just kind of under their nose if they'll get on a plane. And it's changed a lot now. And Indianapolis has, I think, four direct flights to the Bay Area. So it's a lot easier now. And with companies that are with bigger outcomes and companies that are IPOing that are not in the area, there's a lot of attention that's happening now.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I mean, I think when I look back at when I started with Exact Target, I really didn't really have a viewpoint of Silicon Valley like I do now. But Exact Target, it was a really interesting thing when it won out the email space. I mean, it was essentially bought by the largest cloud company. It was the number one company. And just seeing that we beat companies that were from the Bay Area, it's possible here to build a $2.5 billion market cap company. So from then on, you know, I believed you could build great companies here. Our company, our lead investor, is Bessemer Venture Partners. I'm going on Tuesday to the Cloud 100 event. I think what's changed now, and my viewpoint's never been, it's us versus Silicon Valley.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Exactly. Well, High Alpha, though, is networked. So High Alpha was able to introduce me to VCs in Silicon Valley and on the East Coast and all over and made really great connections. But where I ended up getting funding, it came from High Alpha, Rise of the Rest, and some local Indiana entrepreneurs for this first round. I can tell you now that we've closed this round, I've probably had between 12 and 20 VCs from Silicon Valley knocking on my door wanting to know when I'm raising money next.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“My experience is interesting and I think we probably all had very different experiences. You know, we just closed our Series C, a 2 million round, and it was challenging. High Alpha is really wonderful to have this.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, exactly. We do have a challenge of keeping people in Indiana and kind of the message I wanted to bring to the table is one, you can be a female CEO and start a company. And two, you don't have to go to Google or Facebook to be part of a super cool company in the Midwest. You can join these startups and be a pivotal role model and a pivotal person in a company that's really making a difference.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I think if you look at the Midwest in general, there's 150 Fortune 500 companies. So there's significant companies here. For me, one of the reasons why I really wanted to have a startup in Indiana is because it is a growing ecosystem. And even the Indy Metroplex, there's a vibe. You know, we've had those small companies for a while. We had some big companies with the big exits, you know, like Exact Target, Angie's List. And then there's big companies like Lily and Anthem and those and Cummins. I wanted to stay there in Indy because I really love the community. It's a great place to raise a family. The cost of living is great. They're super awesome culture. But the tech community is wonderful. And I wanted to be a female CEO and founder helping build one of those next companies that could pop in the Midwest.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“When we're talking about doing business in the Midwest, now, there's lots of areas in this country that have tried to be Silicon Valley of whether it's in Kentucky and they're trying to do Silicon Holler, they're trying to do Silicon Beach down in Santa Monica, Austin, I forget their Silicon Cattle. I don't know. I don't know what they call themselves. But this is this idea that there should be more.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Which is useful. All right. We're going to talk when we get back about what it's like to start a company here in Indiana and how you look at areas like Silicon Valley, New York, and others and what needs to happen to make these areas more, bring more money to them, not innovation, because innovation does exist. We're here in Valparaiso, Indiana, with three entrepreneurs, Sarah Hallberg from Verta Health, Eric Christopher from Zilo, and Robin Fleming from Anvil, A-N-V-L-C, cool name. We're going to take a quick break now, and Erica and I will be back to talk more after this.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“There's lots of different data points. I think we're in the early stages where just companies don't really know what they're using inside those applications. So imagine you're using an agreement that's several millions of dollars and you don't know if you're licensed correctly at receipts and things like that. So we're kind of aligning the provider and the customer better with better data. And giving the customer an unbiased view as well.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, so the way Xilo works, we typically work with large enterprises. So companies like Spotify or Nike as an example, we work with IT departments. And what we do is we integrate into financial systems. So we track every single payment that's made to a software. Yes, they know what they're paying for. Then we also tap in directly to their applications. So, you know, your Salesforce account or your Zoom account. And we monitor how the employees are using the software. And then we combine all that data, give insights. We provide benchmarking as well. We've actually analyzed over $100 billion of payments and managed about $10 billion of SAS subscription data.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“By the way, creating daily active users, which is something tech companies care so much about, how hard it is to create a feedback loop when it comes to something where people can have shame around their health. So I think it would be very difficult in that world of health to encourage and incentivize and reward people for using an app like that. So that's very interesting.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“Because can you imagine a patient puts in their blood sugar and it's going down because of course their health coaches helped them with that nutrition change but they're on insulin and normally that would be a visit to the doctor's office a couple of you know weeks to maybe a month or more later but what if before you even drove to the office that day you had a call and a text from your health coach and physician hey we noticed your blood sugar It's down, you need to decrease the insulin and that's the direct instruction from the physician. I mean, just a few years ago, this would be like Star Trek crazy stuff. What do you mean? You know, I report in, but we're heading it off. And so again, we have this feedback loop with patients inputting data. Maybe they just step on their scale. It goes to the health coach and the physician so we can make appropriate nutrition recommendations really all based on carbohydrate restrictions.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“It's an app, but it's much more than just a nap because if you Google diabetes app, there'll be hundreds of them. The only one that actually not only has a health coach for each participant, but a physician. And that's where the big difference comes in.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“So this is nutrition combined with technology. So one of the things again when I was back banging my head in primary care is that the advice was wrong. And so here at Verta, we combine the right nutrition advice with the technology. And essentially, again, restricting carbohydrates in someone who has type 2 diabetes because carbohydrates are what cause our insulin, which is step number one to go up. And then blood sugar to go up, we decrease those significantly in the diet, teach people how to do that sustainably, which is always been a concern. How do you do that sustainably? It's a restrictive diet. You know, people won't be able to do that in the long term. And we've shown actually, not only, again, with the right nutrition advice, but then that support via the technology that they can.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT
“So Verta Health, again, we started out with our clinical trial and had amazing results. So we published earlier this year the two-year results of the clinical trial and people following the VERTA treatment, we had Type 2 diabetes reversal in our patients of the completer.”
2019-11-22 · Decoder with Nilay Patel · Recode Decode: Innovation in the midwest · IDENTIFIED FROM THE TRANSCRIPT