This is a serious question.
I have recently realized that people conflate great products and smart people with a well-functioning company. The two have nothing to do with each other.
We all watched Conformis die. We all watched Surgalign die.
If you own a medical device company that cannot make a profit then you don't have a business.
If you are an employee working for a medical device company that cannot make a profit then you aren't working for a business.
I don't know why people don't understand this.
I tried to warn everyone about Conformis and Surgalign after they bet the farm on acquisitions.
Companies that exhibit a pattern of rapidly increasing expenses and losses while striving to boost revenue often go by various descriptive terms, such as Money Burning Machine....
