Recent Chicago Crains article highlights a healthcare angel type fund for doctors looking to create a new businesses. The fund provides funding to other doctors or healthcare professionals looking to create a healthcare start-up. Unlike other angel funds this fund is run by healthcare investors who understand the business and can not only provide capital but can also provide insights to the industry.
Really interesting article. It’s a great idea for startups in that area to have groups of doctors that are pooling money together to invest in companies they believe in, since they have significant expertise in the area. It would be interesting to see something like that happen in the legal profession.