
← Fund/Build/Scale21 Aug · 39 min
Before You Build in Senior Care, Figure Out Who Pays
America is getting older. Tens of millions of people are caring for parents, grandparents and other family members. The problems are everywhere, and many of them are painful, expensive and still poorly served by technology.
That does not mean every care-related startup is a good business, however.
Tatyana Zlotsky, CEO of A Place for Mom, joins me to talk about what founders need to understand before building for older adults and the people who care for them.
We discuss why "seniors" aren't a single customer segment, how to conduct customer research in a market you don't know, and why founders need to distinguish between the person using a product, the person making the decision and the person actually paying for it.
Tatyana also explains why private-pay and insurance-backed businesses require fundamentally different approaches, and shares the story of a founder who spent more than a year changing course after discovering he'd chosen the wrong customer.
We also dig into AI. Tatyana explains why starting with what the technology can do is backwards, why proprietary customer data can create a meaningful advantage, and why founders should ask whether they're really building something that general-purpose AI can't already provide.
This is a conversation about finding real problems, understanding who you're solving them for, and building businesses around customer needs instead of technology trends.
RUNTIME 38:51
EPISODE BREAKDOWN
(2:21) Tatyana Zlotsky’s path to A Place for Mom
(4:46) Why senior care remains an underbuilt market
(9:20) The real problems caregivers need solved