Re: Crowdfunding mostly for consumer digital health tech?
Yes, the person or group behind a crowdfunded healthcare tech needs to really explain and show what their product can do for healthcare or a segment of healthcare in a way that sparks excitement and hope from would-be investors, yet also demonstrates why this group of people can make it happen. Because when you crowdfund, you're really investing in someone else's dream! Many healthcare ideas I've seen have been some variation on Fitbit et al, which is okay but there has to be more than that out there! What I love about the whole crowdfunding concept is that anyone, with a great idea and a willingness to invest time on marketing as well as inventing, can at least try to get startup funds nowadays. It's not as seemingly impossible as it once was, if you're a doctor, nurse, or administrator with a great idea to actually become a successful developer, too.