Hardware Podcasts

185: Building a Successful Hardware Startup Multiple Times

Product Startup · 21 Jul 2023 · 16m

What this episode covers

Rich Walsh, CEO of CorVent Medical and a serial hardware entrepreneur with eight exits, discusses how startups can outmaneuver large corporations through speed and vision. He details the rapid development of CorVent's medical ventilators during the pandemic, achieving FDA approval in under a year, and contrasts this with the slower processes of established medical device companies. Walsh emphasizes the importance of company culture, product quality, and early execution in driving sales, fundraising, and eventual acquisition or IPO.

Most relevant to

companies scaling up

Topics

Mentioned

Companies
CorVent Medical, Johnson & Johnson, Abbott, Teleflex, U.S. Surgical, Intuitive

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