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Beyond The Ordinary

Beyond The Ordinary

Written by: Mammoth
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 Beyond the Ordinary is a podcast about the companies, founders, and ideas that are shaping the future of health sciences and financial technology. Brought to you by Mammoth.vc.Copyright Mammoth Investors, LLC Economics Hygiene & Healthy Living Personal Finance Physical Illness & Disease Science
Episodes
  • The Future of Virtual Work with Renji Bijoy

    The Future of Virtual Work with Renji Bijoy
    Jan 3 2023
    No one could have imagined how the COVID-19 pandemic would shape the future of work. The number of people working from home tripled between 2019 and 2021, from 5.7% to nearly 18%, according to 2022 data from the U.S. Census Bureau. Many employees would rather quit than return to an office full-time, valuing flexibility and autonomy over higher paychecks. While several employers have adopted a hybrid model to accommodate employees’ preferences, some interactions simply aren’t the same over Zoom.  As a software engineer in 2017, Renji Bijoy noticed that collaborating virtually was difficult in hybrid settings. This inspired Renji to become the CEO/CTO and Founder of Immersed, a Techstars startup, to enhance remote working environments with virtual reality. It wasn’t until remote work became the norm in 2020 that his company gained traction with Meta and Microsoft to build virtual reality offices. Now, Immersed has raised $12M to date and it doesn’t seem to be slowing down anytime soon. Renji chats with Tommy about the importance of flexibility in a startup environment, the key to selecting a high-performing team, and the role virtual offices will play in the next generation of the workforce. Key Takeaways [02:08] - Renji’s entrepreneurial journey. [07:35] - The DARPA Grand Challenge. [10:20] - The idea that Renji initially brought to TechStars. [12:40] - How Renji pivoted to solve a new problem. [14:34] - How Renji secured a partnership with Meta. [15:29] - The financial hardship Renji faced in 2019. [17:23] - Renji’s unconventional approach to hiring. [20:38] - Renji’s secret to building a top-performing team.  [23:13] - How crowdfunding works. [25:57] - How Immerse became a fundraising success. [28:45] - The virtual reality experience. [31:37] - The future of virtual reality. [36:50] -The next step for telepresence. [39:00] - Renji’s favorite business contractor. [43:54] - The best way to reach out to Renji. Quotes [35:35] - “Immersed is not something that we’re building because we love remote work, it’s something that we’re building because we actually hate remote work. We are trying to unite our world in such a way that actually allows people to get to the same space, regardless of where you’re at.” ~ Renji Bijoy [43:06] - “Zoom is not the solution for hybrid remote teams now that companies want people in the office and only half of them want to come back.” ~ Renji Bijoy [45:04] - “You start creating a global workforce as if you had everyone on-site. This is going to be the next generation of the workforce.” ~ Renji Bijoy Links  Renji Bijoy on LinkedIn Renji Bijoy in Forbes 30 Under 30 Immersed on LinkedIn The Grand Challenge Sebastian Thrun on LinkedIn Ryan Yep on LinkedIn Techstars Wefunder U.S. Census Bureau - Working From Home Connect with our hosts Mammoth Tommy on LinkedIn Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts Learn more about Mammoth Scientific's Health & Tech Fund 1 When you move beyond the point of making sure your retirement goals are on track, your investment opportunities are wider than just publicly traded funds. Step into the world of investing in venture capital by learning more about Mammoth Scientific's Health & Tech Fund 1. Curated by some of the leading medical and fintech experts, Mammoth's Fund 1 is paving the way for health science and tech innovation. If you're interested in helping patient care, provider insight, and instrumentation go beyond possibility and into reality, check it out today at Mammoth.vc. Visit Mammoth.vc today!
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    48 mins
  • The Intersection of Virtual Reality and Behavioral Health with Shan Padda and Kameron Helmuth

    The Intersection of Virtual Reality and Behavioral Health with Shan Padda and Kameron Helmuth
    Dec 27 2022
    According to the CDC, the percentage of drug overdose deaths has quintupled since 1999. Opioids offer temporary relief from chronic or acute pain, but the drug does not address the underlying causal agent of the pain. Is there a way to heal patients without narcotics?  Shan Padda, CEO of Harvard MedTech, has been passionate about relieving patients’ pain without using opioids since he studied neurobiology as a university student. Harvard MedTech’s Vx Therapy Program heals patients using virtual reality and helps 80% of patients suffering from chronic pain safely without any risk of addiction. Shan discusses why it’s important to maximize the patient experience, how to build successful relationships with prospective business partners, and why orthopedic surgeons support virtual reality therapy as a solution to chronic pain. Shan chats with Tommy and Kameron Helmuth, Partner at Vestia Personal Wealth Advisors, about his transformation from a 16-year-old Harvard student to a five-time business owner, Shan’s disruption of the healthcare industry, and his quest to mitigate the country’s opioid epidemic. Key Takeaways [03:24] - How Shan became a serial entrepreneur. [05:27] - Shan’s Harvard acceptance and college experience. [08:15] - What prompted Shan to start his first company. [11:06] - How Shan disrupted the home infusion therapy industry. [14:30] - Shan’s quest to mitigate the country’s opioid epidemic.   [18:11] - How Harvard MedTech heals patients without narcotics. [21:38] - Neuroplasticity in the brain and pain resistance. [24:12] - Why orthopedic surgeons love Harvard MedTech’s Vx Therapy Program. [27:26] - The physician’s experience using Harvard MedTech.  [32:58] - Shan’s entrepreneurial philosophy. [34:40] - The insurance payer’s experience using Harvard MedTech. [36:44] - How insurance companies proactively promote Harvard MedTech’s Vx Therapy Program. [39:10] - Why Kameron is excited about Harvard MedTech’s product. [40:56] - The best way to get in touch with Harvard MedTech. Quotes [09:44] - “My vision has always been, ‘how do we maximize the patient experience?’ Because if you have a better patient experience, the patient will get better faster. And that’s ultimately what healthcare is supposed to be about.” ~ Shan Padda [20:31] - “When a patient has a VR headset with the right type of programming, they don’t feel their pain because their brain has automatically deprioritized it. The level of pain relief it provides is about a 50% analgesic benefit, which is the same exact benefit you would get from taking an opioid.” ~ Shan Padda [32:58] - “My philosophy is when one is trying to create entrepreneurial constructs, you need to create an environment that adds the most value and creates the least amount of friction for whoever you're trying to partner with.” ~ Shan Padda Links  Shan Padda on LinkedIn Kameron Helmuth on LinkedIn Harvard MedTech Vx Therapy Program Harvard University Center for Disease Control and Prevention Connect with our hosts Mammoth Tommy on LinkedIn Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts Learn more about Mammoth Scientific's Health & Tech Fund 1 When you move beyond the point of making sure your retirement goals are on track, your investment opportunities are wider than just publicly traded funds. Step into the world of investing in venture capital by learning more about Mammoth Scientific's Health & Tech Fund 1. Curated by some of the leading medical and fintech experts, Mammoth's Fund 1 is paving the way for health science and tech innovation. If you're interested in helping patient care, provider insight, and instrumentation go beyond possibility and into reality, check it out today at Mammoth.vc. Visit Mammoth.vc today!
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    45 mins
  • Disrupting the Medical Market and Saving Lives with Jon Merrell

    Disrupting the Medical Market and Saving Lives with Jon Merrell
    Dec 6 2022
    Humans react in different ways when an emergency strikes. Some people thrive under pressure, but others can’t handle stressful scenarios. These reactions are influenced by the stakes of the situation. In cases where life or death is on the table - such as cardiac arrest - the odds of human error are multiplied. Around 80% of the time, people performing CPR give breaths too quickly, which can lead to hyperventilation. Jon Merrell hopes to alleviate this problem with the Butterfly BVM.  In this episode, Tommy talks to Jon, CEO of Compact Medical, about the company’s latest product and how it is transforming the CPR space. The Butterfly BVM is a bag valve mask (BVM) that medical personnel can use to ventilate patients that are not breathing properly. Jon’s passion for problem-solving began as an elementary student and grew as he entered his first biomedical engineering class. His passion, adaptability, and effort led him into a challenging career as a full-time entrepreneur.  Tommy talks to Jon about how he pivoted from physician to entrepreneur, how the Butterfly BVM reduces human error in stressful CPR situations, and how aspiring innovators should approach problems. Learn more at mammoth.vc. Key Takeaways [01:49] - How Jon got to where he is today. [04:49] - Jon’s advice for aspiring innovators. [06:24] - Jon’s decision to become a physician. [09:44] - What led Jon back to engineering. [14:26] - Jon’s inspiration behind Compact Medical. [17:43] - How Compact Medical earned its first round of funding. [20:17] - The history of bag valve masks. [22:11] - What can go wrong with BVM (bag valve mask). [24:30] - How the Butterfly BVM works. [25:57] - How the Butterfly BVM minimizes human error. [27:41] - Information overload in CPR situations. [30:18] - What phase of development the Butterfly BVM is in today. [31:31] - Jon’s suggestions for entrepreneurs. [36:00] - Jon’s shift from physician to entrepreneur.  [38:02] - How to stay updated on the Butterfly BVM and Compact Medical. Quotes [04:49] - “Don't start by finding solutions to things. Your first task is to go find really important problems to solve because a compelling problem will outlive any number of solutions that you may find.” ~ Jon Merrell [29:02] - “There's a flurry of activity going on in any kind of CPR situation. If you can free up the mental space to be able to focus on what matters most, which is clearly the patient, not only is it a relief to the person who's doing the bagging, but it's also better and safer for the patient.” ~ Jon Merrell [31:48] - “Build a multidisciplinary team. Figure out where the holes are, what are the skill sets you don’t have, and look for people to fill those holes. People who have those talents, but people who are also going to catch your vision and get excited about what you’re doing.” ~ Jon Merrell Links  Jon Merrell on LinkedIn Compact Medical on LinkedIn Compact Medical’s Website The Butterfly BVM The American Heart Association The University of Virginia Eastern Virginia Medical School Riley Children’s Hospital Purdue College of Engineering Operation Smile Dr. Bill Magee gBeta Connect with our hosts Mammoth Tommy on LinkedIn Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts Learn more about Mammoth Scientific's Health & Tech Fund 1 When you move beyond the point of making sure your retirement goals are on track, your investment opportunities are wider than just publicly traded funds. Step into the world of investing in venture capital by learning more about Mammoth Scientific's Health & Tech Fund 1. Curated by some of the leading medical and fintech experts, Mammoth's Fund 1 is paving the way for health science and tech innovation. If you're interested in helping patient care, provider insight, and instrumentation go beyond possibility and into reality, check it out today at Mammoth.vc. Visit Mammoth.vc today!
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    42 mins
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