Tag: invention risk
Web-based healthtech startups have invention risk. Surprise!
As readers of this blog know, I am interested in the potential of novel social networking and other internet-age techniques to transform our creaky healthcare system. A particularly intriguing class of startups is using these social techniques to change the behavior of patients in ways that lead to better health. For example, helping people to…
Invention risk makes lean science startups different
A hallmark of new ventures that are based on scientific advances in fields like medical devices, health tech, or cleantech is that they often have invention risk. Frequently they also have market risk. And while the standard venture capital reaction to startups with both market and invention risk is “come back when one of the…