S1E6: How 3 Dropouts Got Funding From Cuban to Reinvent EKGs

YOLOpreneur With John Simerlink

"We had 8 people staying in a two bedroom apartment . . . It was one of the most difficult times we had to go through . . . but that's how we banded together to start off our new company" In this episode I interview Ohio State dropout Emannuel Setegn on how he and his friends Piyush and Vineet developed a device (high resolution magnetocardiogram) that images the heart in a manner more useful than EKGs. Learn: -How Piyush and team spotted a gap in current scientific capabilities that was transferring over to the medical world -How Piyush and team raised their initial $125k -How Piyush and team raised their next $265k -What team did with initial funding -"It would take days to analyze one research paper" -60 hour work weeks -Why nothing is a deal until its done on paper -Beware of greedy VC's -How the team secured funding from Mark Cuban -Why you shouldn't be afraid of the FDA as a medical device entrepreneur -Why you need to convince your investors the FDA is not scary -Genetesis.com