How Two Doctors Built a 32 Company Health Tech Portfolio | EP 76

Join 29,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors  ----- What does it take to build a health tech investment portfolio with zero failures across 32 companies? In this episode, we sit down with Dr Amandeep Hansra and Dr Bi Mian, the two clinicians behind Medical Angels, Australia's largest clinician syndicate, now transitioning into a formal $40 million fund. We hear how it all started from a Facebook group, why traditional VCs have historically struggled to invest in health tech, and what clinician-led investing actually looks like in practice. We also unpack how doctors can get involved as LPs, what the ESVCLP tax structure means for them, and why the founders believe that being on the clinical frontline is their single greatest investment edge. If you're a doctor who's ever wondered what it looks like to back the future of healthcare, rather than just work inside it,  this conversation is for you. ----- TIME STAMPS: 00:00  Intro 01:03  Who Are Dr Amandeep and Dr Bi? 02:42  How They Met: A Cold DM and a Coffee 04:01  The Gap They Spotted in Health Tech Investing 06:22  The Facebook Group That Started It All 07:24  Balancing Medicine and Running a Fund 10:19  Why Clinician-Led Investing Beats a Generalist VC 13:06  How Their Clinician Network Powers Due Diligence 15:22  Move Fast AND Be Safe: The Health Tech Challenge 17:25  How They Evaluate Startups: Painkillers vs Vitamins  47:24 Formalising Into a $40M Fund: What That Means 48:30  The ESVCLP Tax Benefits Explained 53:17 What Does Success Look Like for Australian Healthcare? 57:16  Why They Do This: Impact at Scale 01:01:18 Final Message to Doctors Considering the Fund ----- SHOW NOTES LINKS https://ifdgroup.com.au/  https://doctorbi.com.au/  https://au.linkedin.com/in/mian-bi -----   LISTEN TO THE PODCAST   Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN  Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608  Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast  -----   FIND US HERE   Website: https://ifdgroup.com.au/  Facebook Group: https://www.facebook.com/groups/investingfordoctors  Facebook Page: https://www.facebook.com/investingfordoctors  -----   DISCLAIMER   The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.