Earthquakes, investing in drugs and how to be decent in Venture Capital | Health & Wealth #11

When Johan Kördel, a seasoned investor and managing partner at Swedish venture capital firm Sound Bioventures, suddenly woke up during an earthquake, he knew exactly what to do, yet he did nothing. Luckily, he lived to tell us the earthquake story, and much more! In this episode of Health & Wealth we talk about the dangers of doing nothing as a leader, the importance of risk management and why a portfolio approach is key when you invest in drug development. We also dive into his best investments (and a truly eye-popping exit!), learn about raising a billion SEK fund during a pandemic (hint: you need skin in the game!) and discuss why some disease areas are not considered lucrative, and why being decent is very cool.