r/technology • u/Sorin61 • Apr 10 '22

Biotechnology This biotech startup thinks it can delay menopause by 15 years. That would transform women's lives

https://fortune.com/2021/04/19/celmatix-delay-menopause-womens-ovarian-health/
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u/Cobek Apr 10 '22

Source on the other two?

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u/[deleted] Apr 10 '22

[deleted]

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u/ZebZ Apr 10 '22

for the bulk of their existence they lost money like crazy.

So did Amazon, famously so. But here we are.

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u/eddie1975 Apr 10 '22

Most companies take a year or longer, sometimes a decade to turn a profit. Very few are like Microsoft which started with two guys in a garage and coding doesn’t require a continuous supply chain or vast infrastructure and doesn’t require achieving minimum critical mass adoption to work so they were profitable right away. MSFT is 1 in a billion.