#423: Inside the Investor's Mind: What VCs Look For in MedTech
Josh Eckelberry, Principal at Solas BioVentures, explains the firm's operator-led investment philosophy and its 'DOTE, GOAT, FLOAT, MOAT' framework for evaluating early-stage MedTech startups. He details how founders can de-risk their companies by securing strong management teams, proving therapeutic efficacy, and engaging with the FDA via pre-submissions. Eckelberry also discusses the importance of advisory boards, equity compensation norms, and the growing role of AI in medical devices, citing examples like IO Urology and Vector Medical.