TH E D ISCOVERY ISSU E
DISCOVER
entrepreneurial innovation
chase feiger ’07 Chase Feiger is an entrepreneur focusing in the technology and healthcare fields. He co-founded Parsable, a startup to digitize manual workflow operations for industrial firms. After completing medical school, he is now pursuing areas of innovation in healthcare technologies. tell us about your current pursuits. Currently, I am the co-founder of a stealth-mode company in the overlapping areas of life science, health tech, and enterprise software. I came together with a team of life scientists, doctors, former Google product designers/ engineers, and top investors to change how health care gets delivered. This new company enabled me to combine everything I learned from building and scaling Parsable with my experience in medicine. I'm also running an early-stage VC fund, focusing on healthcare, enterprise software, and consumer tech companies, as well as serving as a contributing writer for Forbes. To date, we've done over 20 investments in consumer companies such as Masterclass and Botkit (acquired by Microsoft) through enterprise software and health tech companies like Memora Health and Dynasty (acquired by Appfolio). Previously, I co-founded Parsable, which raised ~$80 million in funding from top Silicon Valley funds to develop the world's first Connected Worker platform. Today, our platform is used in more than 100 countries across Fortune 500 industrial, aerospace, food & beverage, energy, chemical, and automotive manufacturing companies.
can you recall any “moments of discovery” at greenhill that have informed your journey today? The foundation for my way of thinking largely came from conversations with classmates, many of whom are entrepreneurs themselves. It also helped to have teachers at Greenhill who supported my outside-the-box way of thinking. My "moments of discovery" really did not hit until I was in my sophomore year at University of Pennsylvania. Thus, my advice to those future entrepreneurs who have not yet had a "moment of discovery" is don't worry! It's never too late!
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what would you tell greenhill students now who are interested in pursuing fields in tech startups? I would tell them to focus all of their attention on market timing and customer development. Many entrepreneurs build overly complex technologies that will never achieve product-market fit due to poor market timing. Additionally, many entrepreneurs think they understand the pain and problem of a customer because of their own personal interaction with that pain. You do not understand the problems of your customers until you spend time with them. Get out of your home, office, lab, or classroom and go collect data!
are there any greenhill teachers that you credit for instilling in you a sense of discovery/curiosity? I will credit Michael Legacy and Jack Oros who were not only outstanding math teachers, but two individuals who became my friends outside of the classroom. Furthermore, I will credit David Lowen and Trey Colvin who really support an individual's ability to "think differently." Lastly, Corbin Doyle and Michael Manes who really opened the creative side of my mind.
