SoftBank expects $24B in losses from Vision Fund, WeWork and OneWeb

Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by aussiegreenie on Tuesday April 14, 2020 @05:21PM (#22871600)

I am working with several medical tech companies. It is "true" venture funding. The main company has bone implants technology and is a "Billion dollar company" in seven years if everything goes well. Even after four years of R&D revenue is still 18 months away. And that is in the thousands not millions. Full commercial production is about four years away.

Here are some the joys:

1. Long lead times

2. Highly regulated

3. Conservative buyers

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by ware_am_i on Tuesday April 14, 2020 @07:16PM (#22872619)

Great to see someone else on HN enjoying the special nature of medtech (I consult and advise a few as well). Would love to share notes -> chris(at)medlaunchnow.com

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