E520: John Doerr, legendary VC & industry leader, on advising Obama, what’s broken in healthcare & how entrepreneurs can fix it

The healthcare industry is the largest and most broken part of the American economy with $3 trillion spent annually and $1 trillion of that wasted each year. Today’s guest, the legendary John Doerr Kleiner Perkins Caufield & Byers, discusses why this is the case and the biggest challenges facing the healthcare system today. John also advises how entrepreneurs can think about trying to solve those challenges (hint: start with the data). John Doerr has been a Partner at Kleiner Perkins since 1980, and has directed venture capital funding to some of the most successful technology companies in the world including Compaq, Netscape, Symantec, Sun Microsystems, Twitter, Amazon, Intuit, and Google. In 2009, John was also appointed a member of the President's Economic Recovery Advisory Board to provide the President and his administration with advice and counsel in trying to fix America's economic downturn. During this episode, John even shared what President Obama told him were his three primary concerns when they last spoke. Tune in to find out what those were, how entrepreneurs can solve healthcare industry problems, what the most important thing in business is, venture capital investing, and much more!