Annie Lamont has spent the last three decades as a venture capitalist backing some of the biggest names in healthcare.She shared her biggest piece of advice for investors:"Have something you know better than anybody else."read the whole list here.
But at the time in the 1980s, most of the companies were focused on hardware, which interested her less than software. Instead, she was drawn to the world of biotech and medicine, and decided to make healthcare her primary focus. "You could just see the disenchantment coming," Lamont said."You want tailwinds when investing in any industry. I felt like it was going to be headwinds not tailwinds, because the biotech industry had disappointed.", our weekly newsletter on pharma, biotech, and healthcare.