RE:RE:RE:Collaboration or Collective MiseryEnough wrote: G1945V wrote: The focus for investing in this company should be placed not so much on sales, sales, sales, but for it to be sold potentially to a reputable " medical equipment company " that will fit it in their medical equipment portfolio and have a ready-made sales force.
It may be difficult for Ventripoint to venture alone, with a single medical device (VMS+ 4.0) to be profitable unless it sells approximately 150 units annually. And that may not be enough.
jmo
G1945V
How can you sell a company if it can't sell its product.
A product that has been around for about a decade.
Excuses don't convince business types as easily as retail speculators.
No comment but I saw this on another board where the company is struggling to get it's head above water:
"Harvard Business Review, in studies dating as far back as the late 1950s, has shown that the scientific-minded entreprenuer who sees the opportunity and brings the technology along is rarely the individual who sees it through to successful commercialization. Indeed, those entrepreneurial types who insist on keeping a tight grasp of control of "their baby" are more likely to choke the company off from success. Science-based entrepreneurs generally have limited skill sets and often don't know what it is that they don't know about growing and running a business. Nor do they know enough to bring aboard competent personnel with the needed skills to do so."
For those with access to HBR and wanting to do some research, search the history of the articles regarding "Corridor of Crisis."