Would you add more detail as to your comment on healthcare? Are you saying that this downturn will not affect healthcare investments? Curious as I am a digital health founder looking to raise our pre-seed soon
Healthcare is an economy that tends to be much more recession proof, for a variety of reasons.
First is obviously less elastic demand - if your arm is broken, well, you need to fix it.
Second, is that it's really institutional and operational. Healthcare is not a highly leveraged industry, like Crypto - they're not subject so much to the whims of the market. Healthcare is not quite as 'capitalist' as other industries either, obviously in some ways it is, but there's an underlying kind of goodwill.
Third, is that 1/2 the industry is government spending, which doesn't get hit bad like markets, so there's a smoothing effect.
Fourth, is that investment cycles are much longer, to the point where they almost rise above most of the short term 5-10 year macro cycles.
Beyond that, there are indications that people 'get sick more' in downturns and there may be an increase in demand in some ways.
Healthcare tends to be a bit recession proof for those reasons. You may want to Google up on that a bit.