3 ms·
I don't think it's a startup problem, but more like a government problem
by NicoJuicy 8y ago
I don't think it's a startup problem, but more like a government problem
- toomuchtodo 8y agoIndeed. The world needs less founders and more civic minded political candidates. No startup is going to fix a nation’s dysfunctional healthcare system.
- beatgammit 8y agoWhy not? There's research into cutting costs in producing insulin as well as fixing diabetes. The government will "solve" the problem by socializing the cost of treatment, whereas a startup may seem a cure or a cheaper treatment. Innovation is definitely higher risk, higher reward. I guess you need to decide whether you want better treatment access now or a potential cure later (with the caveat that more could suffer now). I know I prefer to support seeking cures over funding treatments even if that means more people will suffer now. Thus, I think we need more founders, not more policy. Also, it seems that many forms of diabetes can be reversed by fixing diet. If a founder can help people fix their diet, demand would drop, which should drop prices due to oversupply and make funding treatments cheaper (e.g. for type 1 diabetes where no cure is likely, aside from potential improvements in transplants).