Want to make a life sciences startup viable? Follow this series on LinkedIn
If you are a proud new life sciences startup owner, founder, employee or, hey, even that guy tinkering with an idea in his basement, you need to be reading Steve Blank's "Reinventing Life Science Startups" series on LinkedIn. Blank has been part of eight Silicon Valley startups, teaches entrepreneurship at several universities and is a board member of Startup Weekend. His series provides nuggets of important info, and if what's there is old news, a good reality check. (And tries to get readers to take Blank's UCSF course.)
Blank's most recent post zeroes in on the realities facing medical device startups. VCs aren't anteing up, digital health reimbursement is murky territory and, ah yes, that beloved medical device tax. While it's not great to hear, it's essential for innovators to begin thinking realistically to begin coming up with viable, out-of-the-box solutions.
Blank even goes through the ABCs of regulation (for those who are technically, but not healthcare savvy–ring a bell, digital health entrepreneurs?), as well as an overview of crowdfunding.
Any other great startup series we should be following on LinkedIn? Let us know in the comments below.
[Photo by - TheSeafarer]