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Fortune

Nicholas Gordon

Venture capital is in for a ‘world of hurt,’ says investor: ‘We aren’t sure if it’s an asset class that will endure’

ACME General Partner Aike Ho at Fortune's Brainstorm Health Conference in Los Angeles (Credit: Fortune)

A painful correction is coming in both venture capital and digital healthcare in the aftermath of the tech bubble bursting last year, says one venture capitalist.

“It’s going to be a world of hurt for the next couple of years,” Aike Ho, a general partner at ACME Capital, said during a panel about venture investments in digital health at Fortune’s Brainstorm Health conference in Los Angeles on Tuesday.

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