any interest in bio/medtech/device companies?

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November 19, 2024

by a searcher from London Business School in London, UK

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Reply by a professional
from University of Pennsylvania in San Francisco, CA, USA
Thanks for the tag, ^redacted‌. We do work in this space, but growth companies can be tough for searchers. For example, we're running a process now for a venture-backed healthtech startup with a huge TAM and great synergies. It's just rounded the corner and is cash-flow positive, and we're getting 8-figure indications. That's usually territory better suited to Series C+ and public strategics. That said, emerging growth companies is a different world, and if you target mature players, the valuations will be differnt.
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Reply by a searcher
from University of Georgia in St. Louis, MO, USA
^redacted‌, I'd be interested in connecting. I spent 10 years with Medtronic and 4 years on the provider side running innovation at Mercy.
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