People always ask, "what's the next Tesla", and the truth is that 99.99% of companies are never going to be even close to $TSLA because the markets are too small.

As an investor, getting category potential right is just as important as choosing the right companies.

(Thread) https://twitter.com/SagaPartners/status/1341450485895753733

When I look for the next opportunities of this size, I keep coming back to healthcare

Access to affordable and high-quality healthcare is something that touches everyone and one of the most direct implications of growing inequality, especially in the US https://twitter.com/danielsparks/status/1340339926261481472?s=20

Jason Gorevic of $TDOC may not seem like the next Jeff Bezos but I don’t think he has to be in order for $TDOC to become a much larger company than it is today

It’s simply so well-positioned to be the infrastructure underpinning the transformation of the $4T healthcare industry

I think that $ROKU, $TTD, or $ZM are likely on their way to becoming mega-caps but of all my holdings, I see the clearest path for $TDOC to potentially become a $1T company.

Yesterday’s press release was just a glimpse of the international opportunity. https://ir.teladochealth.com/news-and-events/investor-news/press-release-details/2020/World-Telehealth-Initiative-Receives-Investment-from-Intel-Corporation-to-Expand-Access-to-Medical-Care-in-Vulnerable-Communities-Around-the-World/default.aspx

There’s a ton of execution risk along the way, but I think it has all the ingredients.

That kind of extreme upside scenario is certainly not priced into its current valuation and something most investors would never consider which is just where the opportunities may lie.

It can seem counterintuitive to think that a $30B company has more multi-bagger potential than most small-caps but that’s because so few companies have the same opportunity set.

From UnHealthcare, by Hemant Taneja, a managing director at the VC firm General Catalyst $HAACU