This episode explores the career trajectory and entrepreneurial ventures of Daniel Hawkins in the medical device industry. Against the backdrop of his extensive experience at companies like Advanced Cardiovascular Systems (ACS) and Intuitive Surgical, Hawkins recounts his pivotal role in shaping the DaVinci surgical robot. More significantly, the discussion delves into his founding of Shockwave Medical, highlighting the challenges faced in securing funding and overcoming initial skepticism from venture capitalists. For instance, Hawkins describes a crucial moment where he purchased the intellectual property for Shockwave himself, using personal funds, before securing a Series A round. As the discussion pivoted to his current work at Avail, a digital health company, Hawkins explains its mission to address the limited availability of medical expertise in procedure rooms through remote access technology. This innovative approach aims to improve efficiency, enhance customer relationships, and ultimately transform the medtech industry. The episode concludes with valuable insights into navigating the challenges of entrepreneurship, including the importance of careful hiring practices, maintaining a clear vision, and selecting investors aligned with long-term goals.
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