‘We’re not doing 30 bets a year’: Vijay Pande on betting small after running $4B at a16z

Vijay Pande, former head of a16z's $4 billion healthcare fund, left to start VZVC, a smaller firm focusing on a few concentrated bets annually and leveraging AI heavily. He discusses the shift in biology from discovery to engineering and the challenges of AI in biotech due to proprietary datasets.