As health care reform begins to take shape, venture capitalists see emerging opportunities in digital health start-ups.
"We are really, really excited about the move in tech and health care," said Ted Maidenberg, a general partner at the venture capital firm Social Capital, on Sunday at a South by Southwest Interactive panel about digital health.
Maidenberg, who has been investing in young digital health care companies for several years, said that investors used to be afraid to invest in these kinds of start-ups, but during the last year have changed perspective.
"When we started putting together an early-stage health care portfolio, we were often the only party investing in this area. I think there was lots of concern from the traditional IT-only firms that health care was a morass, that it was like invading Russia in the Winter," Maidenberg said during the panel.
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