Alphabet overtakes Apple to become most cash-rich company

Re:Alphabet overtakes Apple to become most cash-rich company by bsder on Friday August 02, 2019 @04:56PM (#20596580)

> If you had $25B to start a company what idea would you tackle?

Medical. I would provide FDA approval process funding and indemnification for medical devices.

Medical is rife with areas that could be disrupted by startups. The blocking limitation is that you can't afford the funding to get clearance for your product.

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Re:Alphabet overtakes Apple to become most cash-rich company by vardump on Friday August 02, 2019 @09:11PM (#20597978)

Very nice. Dealing with FDA is very painful.

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Re:Alphabet overtakes Apple to become most cash-rich company by ludicast on Friday August 02, 2019 @08:31PM (#20597822)

Great idea, not sure why you're bored down. The slow as shit FDA has killed more people than Stalin.

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Re:Alphabet overtakes Apple to become most cash-rich company by bsder on Saturday August 03, 2019 @03:50AM (#20599186)

And yet the FDA was the reason why thalidomide didn't get approved and affected the US much less than elsewhere.

While I have lots of beef with the FDA and could easily write encyclopedic tomes on the subject, there is practically no other agency anywhere that actually makes sure before the fact that drugs or devices are actually better than nothing and actually fit for purpose.

The biggest problem is that the FDA could move much faster if they had a way to do detailed monitoring on things after approval. Alas, there is no incentive or system to handle that.

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