Sup gents? I'm currently building my next venture after selling my most recent one. Raising capital and looking to bring on likeminded people as financial backers. Does anyone here invest in startups? My venture is in the healthcare x AI space. Happy to share more details once I get some initial interest from this thread.
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Vermillion-Rx Admin 1mo ago Stickied
This should really go in public square or something. It's not spam but it's also not appropriate for the intended purpose of this forum
FR33DOM_over_F33R 1mo ago
Can you get a little more specific - what aspect of healthcare the financial software or database management? Just so you know, there are currently a lot of cyber attacks, the company I work with is dealing with navigating these attacks, so safety should be your focus in your venture and building trust with the people you do business with. It's a hard space because many of the local healthcare companies I notice are being acquired by the big guys, same thing with software.
whytehorse2021 1mo ago
I'm actually interested in co-founding a company that uses AI to take on what I call "last mile" development efforts. By that I mean they have a strong use case for software but unlike Google/Meta, they can't afford to hire a team of hundreds of developers. I've just been waiting and watching until the tools are production ready.
mattyanon Admin 1mo ago
Neat........ have you got an edge here, or is it just rehashing a classifier? Any pedigree in launching medical products?
Medical is horrid to invest in because the risks are huge, the costs high, and the timelines long.
But if you can do it.... go for it.
fskfsk 1mo ago
Startup idea generator. Pick a random big industry and add the new trendy thing.
Internet + Petstore = pets.com
Internet + Broker = eTrade
Internet + Classified Ads = eBay
Cell Phone + Taxi = Uber
Cell Phone + Hotel = AirBnb
Cell Phone + Broker = Robinhood
AI + Healthcare = whatever this guy is doing
If you look at startup incubators, everything in the past year is AI/LLM + whatever.
mattyanon Admin 1mo ago
to be fair, a lot of those companies are worth literally billions.
fskfsk 1mo ago
There are more that raised $100M+ capital and then flopped. I don't know their name well enough to cite them.
Also, their success was mostly due to being propped up by investors and mainstream media hype, more so than any actual talent by founders. For example, Amazon.com was not the first internet bookstore, but billions of VC money was pumped into Amazon to make sure they wound up on top.