SCALABILITY IS NOT THE ONLY GOAL FOR ENTREPRENEURS. Not all inventions need scale. This is an urban myth. A small team of one or two entrepreneurs can develop a new and improved version of an old drug and take it through Proof-Of-Concept, then license it to Big Pharma for say 200 M USD. The total capital needed was about 4-7 M USD. Then they move on to the next bright idea, and Big Pharma does the costly job of sales and marketing. This is not a rare story.
linkedin post 2022-06-29 05:12:48
Nigel Fleming
September 21, 2022