24 May 2016
Vital Connect Response
10yAnyone who has worked at a prior start-up knows of the inherent risks associated with this type of company. With those risks come a potential payback if the company does well. Securing funding for a new technology (biosensor) in an industry that is slow to change has been difficult for our executive funding team. However, they were very successful recently and were able to secure our future with funding. Yes, management had to make tough decisions on which projects to move forward and which employees needed to be let go (25%). In business sometimes tough decisions are necessary. We still have a phenomenal product that will change the industry, we still have a great staff (albeit a smaller staff), and we will still succeed!