Soon, Samsung Health’s tens of millions of users will be able to own their records and begin a journey of owning their health care through these records. In this episode, Jonathan Machado, the Managing Director at Samsung Next, shares insights on the operating and integration model between Samsung's business units and its corporate venture group. He delves into the company’s unique approach to venture capital, emphasizing a model with no proof that fosters entrepreneur-friendly investment. Jonathan reveals Samsung's healthcare strategy and growth vision, emphasizing decentralization and empowering individuals to own their health. He also illustrates how Samsung Next identifies visionary founders with transformative ideas, seeking multidimensional solutions to healthcare challenges. Success stories, including LoopPay and SmartThings, showcase the efficacy of this approach. Tune in to grasp the intricacies of Samsung NEXT's venture strategy, the impact of cultural dynamics, and its vision for revolutionizing healthcare through innovative startups.