What are the chances of this company?, page-5

  1. 2,243 Posts.
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    I think that asking this sort of question is a bit fraught with danger. The main problem that exists on HC and probably any other forum etc is that it is very hard to glean the difference between what is true and what is not and even more so what is purposely untrue for someone else's undisclosed gain. As a general rule on the HMD threads, posters are invested in the company and mainly respond in a factual manner which is great, however for you.. if you don't actually know who any of these people are in real life then why believe what is said? That is my main caveat for any discussion on HC, just accept everything with a grain if salt and make your own decisions based on what you know to be accurate. Skepticism is a really important part of investment in any thing. If you treat it all as interesting bullshit that needs further investigation then that's a good start.

    Expanding on your question further about competition and potential issue with a potential business partner, have you personally ever owned or stated up a business? Owning an existing business and starting one up are really fundamentally different places to be. The road to success is a hard one and often takes much more effort and time than the initial planning. When you start any business it takes time to build revenue and longer to build more revenue than your costs are. Often those costs continue to rise in step with the growth in revenue leading you to question why you started off in the first place... HMD is in that early phase of commercialisation and securing deals is really hard work.

    taking things further.. do you have any experience in the medical field? Have you been involved in procurement either in medical business or in any business? Do you know how long contracts take to negotiate when the sides of the deal table are completely mismatched? HMD is tiny and is trying to secure a foothold in massive existing businesses, that is a HARD road full of disappointment and false starts, couple to it being in medical and insanity is a reasonable outcome for those involved in the tiny company's side... Health has one of the slowest routes to commercialisation success out there and for good reason, if everything and anything was approved then lots of people's health would be compromised.

    With regards to competition in a market, do you drive a car? There's lots of different makes and models of car. Do you use petrol/diesel/electric in your vehicle? There's lots of choices of retailers for petrol and diesel and even more companies involved in the supply of electricity to homes where electric vehicles can be charged... lots of competitors demonstrate that there is a large market. Just yesterday I was chatting to someone involved in defence contracting and we were pretty excited that a couple of US based guys are doing something very similar at the same time as it specifically validates that a market exists. Military is a massive and slow and hard market to crack, much like health however as with health it is a HUGE market that will never stop being a market. Have a look at each and every item that you have purchased in your own home, how many alternate options existed for each and every decision that you have made? Competition is just part of business.

    You are asking about a tiny med-tech start up type business that you have invested in, are you on Crunchbase, LinkedIn etc? How much experience do you have with startups? how much do you know about the competition? Have you contacted HMD about any info on the tech involved?

    Sorry to not specifically answer your question however if you rethink about how to better phrase it then you'll get more value out of HMD and other investments that you make. Try to ask a question about the facts that have lead to your investment, if you commit your thoughts to writing it will force you to think about them. If you start to write down the facts that lead to your investment and they start to look a bit flimsy then maybe you can answer your own questions? My reasons to invest are different from yours and both of our reasons will differ from everyone else's on here as we are all different people with different hopes and expectations etc. What are your reasons for investment? What were you anticipating? How has HMD performed relative to why you bought in?

    Good luck with it all and in lieu of any real detail from myself, I think Backspacer has hit the nail on the head.



 
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