c-slice | 9 years ago | on: SpaceX's Falcon 9 first stage has landed (again)
c-slice's comments
c-slice | 9 years ago | on: Twilio S-1
c-slice | 9 years ago | on: Coding without Google
c-slice | 10 years ago | on: U.S. Discloses Saudi Holdings of Treasuries for First Time
c-slice | 10 years ago | on: iPhone Sales Drop, and Apple’s 13-Year Surge Ebbs
c-slice | 10 years ago | on: Withings acquired by Nokia
c-slice | 10 years ago | on: Impossible I-1: first new Polaroid camera in 20 years
c-slice | 10 years ago | on: SpaceX Launch Livestream: CRS-8 Dragon Hosted Webcast
c-slice | 10 years ago | on: Doctors used an ER patient's FitBit data to justify electrical cardioversion
c-slice | 10 years ago | on: Theranos – Statement of Deficiency from CMMS [pdf]
c-slice | 10 years ago | on: Model 3 Unveiling [video]
c-slice | 10 years ago | on: iPhone SE
c-slice | 10 years ago | on: Why Are Ultrasound Machines So Expensive?
1) High touch sales process, slow sales cycles - ultrasounds take a long time to sell to hospitals/clinics so the sales process is very high touch and requires a significant number of demos and in person time. Those sales reps are usually paid on commission. Cheap products don't make sense to sell this way.
2) Lack of competition and high development cost - Ultrasound machines are a Class II medical device and so are regulated by the FDA. FDA requires compliance with most relevant ISO standards, and there would probably be a dozen relevant standards for an ultrasound machine.
3) Liability - complex medical devices that are used for critical diagnoses create big liability problems for the hospitals/clinicians. They have no incentive to choose the low-cost model sold by a startup. No one ever got sued for choosing GE/Philips/etc.
4) Lack of price transparency - its often hard to find prices for big ticket medical devices, so the natural pressure to reduce costs through competition isn't as effective, especially with a high touch/high cost sales process.
c-slice | 10 years ago | on: Why Are Ultrasound Machines So Expensive?
c-slice | 10 years ago | on: Snowden lawyer: Bill of Rights was meant to make government’s job more difficult
c-slice | 10 years ago | on: Not Every Drop of a Person’s Blood Is the Same, a Study Says
c-slice | 10 years ago | on: Controlling vehicle features of Nissan LEAFs remotely via vulnerable APIs
c-slice | 10 years ago | on: Snowden lawyer: Bill of Rights was meant to make government’s job more difficult
"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed...."
c-slice | 10 years ago | on: Controlling a Nissan Leaf, including other peoples' cars
c-slice | 10 years ago | on: Software “detects CEO emotions, predicts financial performance”