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Here are seven things Medtech VCs and start-up executives are thinking/worrying/excited about today
DeviceTalks Podcast Network
How Do You Evaluate the Inflation of Costs in a Startup?
High inflation has impacts in so many different facets of the business, and labor is a key one. Medical devices is a really good target when hospitals look at trying to take costs down. It only represents about 6% of their total costs, but it's the easiest place for them to go. So we're burning cash while that's happening. As our burn rate goes up, the pool of money that we have dwindles faster. And it means that we just have to raise more money to keep ourselves afloat.
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