but with venture capital, this equipment will never be inexpensive
Why do you believe this? How many VCs have you talked to about whether they’d be fine with the lower-cost version you want?
Have you looked into porting the concept of the public benefit corporation from the US to Germany?
Have you asked the grant organizations that you talked to for critical feedback and letting them know you’re fine with whatever they say? They would know more than this forum I’m guessing.
Why aren’t you trying to make money selling your MRI in rich countries first, then use profits to subsidize a cheaper version for poorer countries? If your product actually works and is good then I don’t see why it wouldn’t be a good product for everyone. You could consider selling to the US, German, or Ukraine militaries as likely customers to start.
My wild guess, based on limited info, at risk of overconfidence, since you asked for what might be the case, is that you have too idealistic a self-image that is preventing you from participating in the normal market processes that would create a positive and self-sustaining financial feedback loop that would allow you to finance sales to poorer countries. I would guess a priori that you should lean into being profit-driven and focus on establishing any demand at all for the product any way you can before offering it at cost or at a loss to poorer countries.
Do let me know if I am wrong in any way, don’t hesitate to correct me!
Why do you believe this? How many VCs have you talked to about whether they’d be fine with the lower-cost version you want?
Have you looked into porting the concept of the public benefit corporation from the US to Germany?
Have you asked the grant organizations that you talked to for critical feedback and letting them know you’re fine with whatever they say? They would know more than this forum I’m guessing.
Why aren’t you trying to make money selling your MRI in rich countries first, then use profits to subsidize a cheaper version for poorer countries? If your product actually works and is good then I don’t see why it wouldn’t be a good product for everyone. You could consider selling to the US, German, or Ukraine militaries as likely customers to start.
My wild guess, based on limited info, at risk of overconfidence, since you asked for what might be the case, is that you have too idealistic a self-image that is preventing you from participating in the normal market processes that would create a positive and self-sustaining financial feedback loop that would allow you to finance sales to poorer countries. I would guess a priori that you should lean into being profit-driven and focus on establishing any demand at all for the product any way you can before offering it at cost or at a loss to poorer countries.
Do let me know if I am wrong in any way, don’t hesitate to correct me!
Dear DC, I mistakenly posted my responses to your questions directly under my initial topic, rather than under your response.