Curious to know how you conveyed this as a venture scale company?
There is a YC incorporation company that didn’t scale (not meant to be a dig), so curious about what’s different.
There is a YC incorporation company that didn’t scale (not meant to be a dig), so curious about what’s different.
1) Compliance is an ongoing activity regardless of how many new products you release. Think something like HIPAA, but more pervasive. So there’s an ongoing need that is ordinarily fulfilled by people - everything from a consultant for a garage startup to 1,000s of FTEs for a Fortune 500 company. This creates an ongoing, sticky customer relationship for anyone who can deliver significant value.
2) Our product and approach is valuable to more than just startups and enterprise life science companies routinely spend $10M+/yr on software systems.
FDA has policy dynamicism which creates a moat.
Many foreign countries co-opt the FDA process as their own. That's how performant our FDA happens to be, despite criticisms from a lot of people in web tech.