4 ms·
You are making tall claims here: ".. profit margins are very large and the solution is very easy to scale. Thus the worldwide market is open at relatively litt
by vinay_ys 4y ago
You are making tall claims here:
".. profit margins are very large and the solution is very easy to scale. Thus the worldwide market is open at relatively little cost.."
".. cut the costs of clinical procedures (depending on the type of procedure performed) by up to 20%"
Unless you have "been there, done that already" kind of experience to back these claims, it is hard for anyone to take it seriously.
Obvious next step for your working prototype is to get more users. What are the hurdles for this? Can you get more clinicians to use it today? Do you need regulatory certifications to do so? Are there other entry barriers? Can you surmount all of this by yourself? Can you self-fund yourself? For how long? Can you afford other operational expenses? What would those be?
Who are the other startups and their investors in this broader product segment and in your markets? What are their KPIs? What are they going after? How are you differentiated? Can you talk to the same investors or other investors who might want exposure to this product/market segment?
Have you found anyone else who is as passionate as your about this product/market? Are you willing to work with them?