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>I work in the senior care market and I'm shocked there aren't more businesses being started around that market. It's absolutely huge with endless opportunity.
by fsk 11y ago
>I work in the senior care market and I'm shocked there aren't more businesses being started around that market. It's absolutely huge with endless opportunity. But I guess that kind of proves your point...
Senior/health care is heavily regulated, making it hard to innovate and undercut legacy providers. "Uber for old age homes" just doesn't work.
- JonFish85 11y agoTransportation is fairly heavily regulated as well. Someone could probably do an Uber for old folks that ignores laws and pushes the liabilities onto "independent contractors".
- TheOtherHobbes 11y agoMaybe. But a few scandal stories will kill that idea. Everyone wants a cab. No one wants a geriatric care home - not even when they're living in one. Having said that, I recently discussed some possibilities with a couple of local care home owners. Currently there isn't enough smartphone take up to make some obvious ideas viable, but that will start changing soon, and then there may be some very rich pickings to be had. This is the real reason Apple etc are piling into health apps. The biggest buyers won't be marathon-running twenty year olds, but scared-of-death >fifty year olds.