Biohacking as the Next Opportunity

In early 2013, I had the pleasure of attending the Bulletproof Conference put on by Dave Asprey of Bulletproof Exec fame. It was my first real introduction to the concept of biohacking.
According to Wikipedia, biohacking is the “practice of engaging biology with the hacker ethic.” That means that you use many different means to actively alter and enhance your biology. These could be technological, or they could be biochemical, or they could simply be revealing more on your current biological state so that you can effectively take action. To most people, I think it evokes images of cyborgs and wearing steampunk like hardware on their heads. At one point the hardware may have necessarily looked like that: big, clunky, expensive, wires running everywhere, lights flashing. But today, technology has reached a new level of miniaturization and availability.
I couldn’t resist exploring the potential of these devices. I began training with a specialized electrostim machine called an ARPWave POV with the guys at EVOUltrafit. While the intent was physical results, the training is actually neurological. So while I get results externally, I find that there some amazing benefits internally. I bought a Somapulse which uses pulsed electromagnetic fields (PEMF) to induce healing and to re-energize cells, and was developed by some guys at NASA. I bought it out of frustration that my elbow, which got strained, was not healing fast enough on its own for months. In 3 weeks with the Somapulse, it was all better.
I’ve also tried the various popular fitness trackers and found them lacking. I’m also testing some sleep trackers but nothing comes close to the now defunct Zeo, which I unfortunately was too late to buy one. I also got a transcranial direct stimulation (tads) device called the Foc.us, which I haven’t played with – too many toys! I am also looking into Rife technologies – cure cancer anyone?
I also tried WellnessFX and now am a big fan of more constant monitoring of your blood markers AND the ability to do it without requiring a doctor to prescribe a blood test – direct to consumer still has not seen its full potential but I have seen the value of it. While blood draws may make people cringe, companies like Theranos are changing that to drawing only a few drops of blood (and by the way, 10x cheaper)! I am also actively working with a functional medicine doctor at JustInHealth to get my blood markers back into healthier levels. With my thyroid and adrenals number back in place, every day I have more energy, resistant to disease and more resilient to the stresses that occur in my life.
Much of these technologies are on the fringe still; early adopters and hobbyists messing around with interesting devices, some getting good results, some questioning. It also requires a level of commitment, education, and initiative that most people don’t have. Most people are totally passive on their health and physical condition and just wait until they get themselves into an unhealthy corner before doing something. By that time, it may be too late.
Experiencing the potential of these technologies firsthand and seeing the explosion of such devices across the internet and across crowdfunding platforms like Kickstarter and Indiegogo, I believe that we are on the edge of a new opportunity for startups to create something really new and impactful.
The challenges I see now are:
1. Most of this technology is still complex and requires a lot of effort on the part of the user. Until it is simplified further, wide adoption could be very difficult.
2. The customer base needs to educate themselves on taking control of their health and wellbeing. This will take some time.
3. It is possible that a simpler product could make a customer acquisition strategy work in the short term. One issue I have seen is that companies who have done this do not have the expertise or knowledge to advance their products beyond where they are now.
4. The hardware itself needs work. At the moment, wearing the devices can be cumbersome and uncomfortable. Power requirements limit usage times. Even something as simple as wearing a heart rate monitor belt around your chest all day is annoying. I also think that wireless technologies still need advancing. Bluetooth LE is a step forward, but I find that there are still issues.
The startup who can take a biohacker technology AND figure out the broad adoption problem will really have something. I’ve experienced firsthand the results of biohacking and there is way too much value to not bring to the general population. But for them, it’s a user interface problem applied to super high technology; hide all the wires and blinking lights and make it one button easy.
I’m excited to see science fiction become reality in my lifetime. As a startup investor, I plan to be fully immersed in biohacking technologies in my search for the next winner.