Re:I wasted $40k on a fantastic startup idea
by wartijn_ on Tuesday January 19, 2021 @02:44AM
(#25830942)
That's because his first plan was to sell to consumers. Only when that didn't work out he switched to physicians.
Re:I wasted $40k on a fantastic startup idea
by fakedang on Tuesday January 19, 2021 @07:29AM
(#25832825)
Like someone else said, he got greedy. Even if he had stuck to the WebMD model, he would have made a fortune. People like to Google symptoms before seeing a doctor, and although unethical, pharma companies would have gone head over heels to market in those spots.
It may have been a great product like you and others have said, he hasn't the faintest idea what physicians actually do day-to-day. He had apparently spent $40k over nearly a year before he talked to the first physician.