Amazon and Nvidia are hiring people to cozy up to health VCs

Amazon Web Services CEO Andy Jassy in an interview with Jon Fortt of CNBC at the 2017 AWS re: Invent conference in Las Vegas.

Networking with health venture capital firms is now a full-time job.

Amazon Web Services and Nvidia have job postings for people who can network with health investors from elite companies.

In the case of Nvidia, this means funds like Venrock, which is specifically mentioned. The AWS list does not verify by name the companies in its list of jobs, in favor of letting its future locate identify "VC's appropriate to target."

The idea behind these hires seems to be to build relationships with investors and their portfolio companies, so they make a quick decision to buy AI chips and Nvidia or AWS services over others. Cost conversion at a later stage of the business life cycle is labor intensive and expensive.

The idea is not new: high-tech companies have established networks with venture capitalists and start-up acceleration programs for years.

But the health care angle is interesting because traditional technology companies have not generally paid much attention to health.

"What's different today is that they recognize that health care accounts for about one-fifth of GDP and that they need a specific strategy to grow rapidly in this sector," said Venkat Mocherla. , responsible for business development at Qventus. up that uses artificial intelligence tools to speed up the operations of the hospital.