The financial struggles of a breast pump startup
As much as I agree and have seen first person that VC (and all of finance by the way) is an old-boy male dominated world, this story smells like it&#x27;s spinning the yarn that it&#x27;s not Icarus.<p><i>She and her husband, Jeffrey Alvarez, managed to raise $6.5 million from investors after starting the business together in 2013...Precursor Ventures, said he decided to make a seed investment in Naya</i><p>Oh ok, so VC&#x27;s do like it [1][2]. Despite what you hear it&#x27;s a tiny subsection of startups that ever raise any money. Even harder for hardware startups.<p><i>The company was selling the Naya for $999 until Thursday, when it lowered the price temporarily to $649. A typical Medela pump is about $250...There’s a dedicated fan base among mothers who can afford it</i><p>Ah, got it. Their product is too expensive for too small of a market.<p><i>Today, Naya Health opened up the possibility for customers to register to buy one at least — no deposit required</i><p>Wait, they don&#x27;t even have sales yet? If you go to the site you can buy one...<p>Look, the VC&#x27;s that were acting like teenagers are slimeballs and anyone, regardless of your gender, race whatever has run into slimeball investors. I&#x27;m male and I&#x27;ve been sexually harassed or had a casually racist comment lobbed past me more times than I can count by a potential investor. It sucks.<p>It is not however why it&#x27;s proving hard to close a massively risky, and I assume hugely expensive A round. This looks like submarine PR wrapped in an outrage sandwich.<p>[1]<a href="https:&#x2F;&#x2F;www.crunchbase.com&#x2F;organization&#x2F;naia-health&#x2F;investors" rel="nofollow">https:&#x2F;&#x2F;www.crunchbase.com&#x2F;organization&#x2F;naia-health&#x2F;investor...</a><p>[2]<a href="https:&#x2F;&#x2F;techcrunch.com&#x2F;2016&#x2F;04&#x2F;25&#x2F;naya-health-raises-3-9-million-to-build-a-better-breast-pump&#x2F;" rel="nofollow">https:&#x2F;&#x2F;techcrunch.com&#x2F;2016&#x2F;04&#x2F;25&#x2F;naya-health-raises-3-9-mil...</a>