a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by thenewgreen
thenewgreen  ·  71 days ago  ·  link  ·    ·  parent  ·  post: Pubski: September 28, 2022

Personal: About to celebrate 18 years of marriage. It's hard to believe how quickly time has flown by. I feel very grateful for my family. My kids are healthy, smart, curious and DEFINITELY challenging, but I wouldn't change them. My wife and I look forward to a fun weekend together, celebrating.

I have decided to take up tennis again. I need the exercise and it makes me happier than just about any other sport/activity.

I miss my friends and family in Ann Arbor. This is a great time of year to be there. I will head back for thanksgiving.

Professional:Back in 2018 Forever Labs filed a patent to concentrate exosomes at point of care and add them to PRP. The analogy goes, if stem cells are the building blocks of the body, then exosomes are the blueprints. They largely mediate the healing process. But these exosomes are so small that table top centrifuges which are used at point of care are unable to concentrate them. Our patent changes this. Over the past 2 years we have been commercializing this patent. We call it, "SuperShotPRP™"

We have been running some studies and gathering data in clinics. Turns out that SuperShot allows patients to heal faster and have lower pain scores in ortho applications. Additionally, we ran a study with the National Hairloss Medical Academy and every participant that received SuperShot had positive/visible results with just one treatment. The results are phenomenal.

The ortho side of this is completely in-line with the same clinics we use to gather bone marrow for Forever Labs, but the hair stuff is a new vertical. Derm clinics and to a lesser extent plastic surgeons will be the target.

We have distribution lined up for ortho and aesthetics. We need to raise money now. Which normally would be fine, even exciting because it's such a strong product and such a large TAM. But, as is customary at Forever Labs, every time we raise money there seems to be a national disaster. Last time we raised in March of 2019. I don't need to remind you what happened then. Now, we are in the midst of a recession that may likely become a global depression. I'm concerned the road to funding will be long and tedious, even for such a strong product.

Take good care everyone! Strange days abound.

goobster  ·  71 days ago  ·  link  ·  

Holy cow! SuperShotPRP sounds like an amazing breakthrough!

Is there a way for us chuckleheads to get a couple grand invested at the earliest stages? :-)

I'm no millionaire VC, but would love to support your project, and benefit in the long run from your world domination efforts! :-)

thenewgreen  ·  67 days ago  ·  link  ·  

That’s very kind of you. Hold that cash, strange days ahead and you’ll want to have it on hand. We will be raising from VC/angels. $100k minimums. I’ve learned to not have friends and family participate. It’s a recipe for hurt feelings.

That said, we were asked to be on “start engine.” I took a call with them and they said they could raise the entire round from their network. Average check size $2k. The platform takes some cash and a small %. I was interested as it seemed a good way to be introduced to both capital and potential customers. It wasn’t until my second call that they said I had to bring the first quarter of the investment from my own clients/investors.

Started sounding really sleezy.

Is there a crowdfunding app that any of you use to invest in startups that isn’t sleezy but has a good reputation? I’d consider it as we have a very consumer driven product for hair.

OftenBen  ·  71 days ago  ·  link  ·  

Hit me up when I can buy stock.