Top takeaways
- Improving sleep is a massive market opportunity. It has fueled Oura's growth as well as other companies like Calm.com.
- "99.9% of Americans will try to sleep tonight, but only 10% will exercise per day." - Harpreet Rai
- For optimal health, you want a low resting heart rate (your heart is strong and you are relaxed when you sleep) and high heart rate variability (your body is adaptive).
- Most hardware companies try to raise too much money early, which sets expectations too high. It's better to test and iterate. Hardware development timelines are too long and risk of delay is too high to keep momentum when over-capitalized.
- Employers have used Oura to keep their employees safe in COVID, sensor technology can often detect sickness before symptoms are felt.
https://www.youtube.com/watch?v=m7POnGhrzXE
**Guest: Harpreet Singh Rai | @harprizzle14**
CEO Oura Ring (2018-Present)
- Joined as President in May 2017 (4 years into Oura's life)
- Previously worked as a portfolio manager at Eminence Capital for 9 years
- Began career in Investment Banking at Morgan Stanley
- Majored in MEMS, Micro Electronic Mechanical Systems (sensor design) at University of Michigan
https://youtu.be/FbfsG_komcw