Michael Yang, Senior Managing Partner at OMERS Ventures Concept to Care

Concept to Care speaks to Michael Yang. Michael is the Senior Managing Partner for OMERS Ventures, a $1.5B assets under management venture capital fund that invests in early stage B2B software and early growth tech-enabled services businesses.  He is a long time investor in health tech and some of his prior investments include Healthline (acquired by Summit Partners), Talix (acquired by Edifecs), BodyMedia (acquired by Jawbone), PeerWell (acquired by Bardavon) and Accolade (ACCD).  He currently sits on the board of Caraway Health, a healthcare provider for GenZ.  Prior to OMERS Ventures, Michael was a Managing Director at Comcast Ventures and previously a VP/GM of Yahoo! Health.
This episode was recorded in November of 2023.
In our conversation, we discuss:
A VC’s perspective on the evolution of product and how Michael seen the role of product change over time
Attributes of a product led organization, examples of that in health tech, and the structures of management teams to enable it
Defining Product in Tech-Enabled Healthcare Services
Then vs. Now: The Venture Capital Ecosystem
Consolidation of healthcare solutions in this macro economic environment
Previous and current M&A activity in health tech — best possible outcomes with these transactions
Health tech pivots in today’s economy
Exits in health tech, common denominators, and who are the buyers
Starting a venture backed health tech business today
Types of talent entering the health tech markets and who is best positioned to win
The next big bet categories in health tech
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Where to find Michael Yang:
LinkedIn: https://www.linkedin.com/in/myang/
X: https://twitter.com/yangbness1
Crunchbase Profile: https://www.crunchbase.com/person/michael-yang-3
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Where to find Angela and Omar:
Angela Suthrave
LinkedIn: https://www.linkedin.com/in/angela-suthrave/
X: https://twitter.com/ASuthrave
email: angela@concepttocare.com

Omar Mousa
LinkedIn: https://www.linkedin.com/in/omarmousa/
X: https://twitter.com/OmarMHealth
email: omar@concepttocare.com

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Referenced:
Michael Yang OMERS Ventures Bio: https://www.omersventures.com/team/michael-yang/
OMERS Ventures website: https://www.omersventures.com/
Comcast Ventures website: https://comcastventures.com/
OV 3.0. The constant state of change: https://www.linkedin.com/pulse/ov-30-constant-state-change-omers-ventures-zcele/
Melissa Moore’s The Green Room website: https://sites.google.com/view/thefoundergreenroom/home
Chrissy Farr’s Second Opinion: https://ovsecondopinion.substack.com/
Dave Wechsler’s Insurtech Rap: https://www.insurtechrap.com/
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Check out our website: https://www.concepttocare.com
Subscribe to our newsletter: https://concepttocare.substack.com/p/episode-2-michael-yang-senior-managing