millimeter-wave imaging human presence detection fall down detection for elderly #wifismarthome #falldetector #tuya #wifi

They were raising $400,000 on a $4 million post-money SAFE. The product was awesome, but I passed. Here’s why… “FallDetector” is a device to prevent falls in the elderly. ***”FallDetector” is a composite, not a real startup, and the name is made up.*** But it shows why even growing companies with awesome products don’t get funded. The Good “FallDetector” was incredibly innovative. A tiny device attaches to an elderly person’s clothing and if they fall or encounter any other large shock, it alerts staff on their phones in the “FallDetector” app. The patient doesn’t have to use a computer and the device isn’t obtrusive. This made it easy to get them to use “FallDetector.” “FallDetector” was beginning to catch on. Revenue was closing in on a $500,000 a year run rate — impressive for this valuation. When I met with the founder, I could tell how important this problem was to him. His grandmother had struggled with falls and he wanted to help her. The Bad “FallDetector” had a lot of revenue for a $4 million company. But it wasn’t growing as fast as some other early stage startups. MRR was doubling year over year. Sounds amazing, right? In a way, it is. But the best early stage companies are at least tripling. Some are even growing 10x year over year. “FallDetector” was doing well, but not best in class. What’s more, the founder wasn’t very forthcoming with information. When I asked what the sensors cost to make, he wouldn’t tell me. The best founders I’ve worked with are very transparent. I wasn’t getting that feeling here. As a minority investor, I don’t need to know every single detail about a company. But basics like COGS are important. I just wasn’t getting the impression the founder wanted a collaborative relationship. So, I probably wasn’t the right investor for him. Wrap-Up “FallDetector” was a really awesome product. I hope it helps a lot of elderly people to live better lives! But as an investment, it didn’t work for me. The combination of moderate growth and a founder I wasn’t sure I could work with were problems I couldn’t get past. Would you have invested in “FallDetector”?

#100DaysOfCode #R8 #Day24 #100DaysofGameDev #R3 #Day97 #indiegamedev #datusquest #pinoygamedeveloper Week2-Day10 May10, 2023 - Add IntroScene LoadScene and Solve FallDetector Respawning. Version Test-Build 9.0.8.7 youtu.be/iG-yfMK3mF0

#100DaysOfCode #R8 #Day24 #100DaysofGameDev #R3 #Day97 Week2-Day10 May10, 2023 - Add IntroScene LoadScene and Solve FallDetector Respawning. Version Test-Build 9.0.8.7 youtu.be/iG-yfMK3mF0

The Buzzz Pager is a non-intrusive, portable alarm receiver. It doesn't need a telephone line or monitoring centre. For any queries: tunstallemergencyresponse.ie… #Tunstallemergencyresponse #homecaresolutions #alertsystem #falldetector #caresolution #independentliving #personalalarm

#uFallAlert - An innovative solution for #FallDetection & #FallAlerts Check it out and share your experiences - play.google.com/store/apps/d… #FallDetector #FallDetectorApp #AndroidApp #AI #MachineLearning #BigData #Fintech #ArtificialIntelligence #100DaysofCode #Programming

How Machine learning can help save millions of lives with practically implementing airbags with the help of fall detectors. #machinelearning #motorcycleairbag #Implementation #airbags #detector #falldetector #life #motorcycle #AI #artificialintelligence #360DigiTMGmalaysia

How Machine learning can help save millions of lives with practically implementing airbags with the help of fall detectors. #machinelearning #motorcycleairbag #Implementation #airbags #detector #falldetector #life #motorcycle #AI #artificialintelligence #360DigiTMG

Our TAO fall detector when used together with Reach IP is the ideal package for those at risk of falling but wish to remain independent. To find out more click the link to visit our website:tynetec.co.uk/digitaltelecar… #FallDetector #IndependentAtHome #ImprovingPeoplesLives

Our TAO fall detector when used together with Reach IP is the ideal package for those at risk of falling but wish to remain independent. To find out more click the link to visit our website:tynetec.co.uk/digitaltelecar… #FallDetector #IndependentAtHome #ImprovingPeoplesLives

Do you support someone who sometimes takes a tumble but may forget to press their pendant if they fall? If you do the fall detector would be the device for them! Get in touch on 01472 312312 to find out more! #FallDetector #Grimsby #NELincs

Day 9/100 : Finished developing FallDetector, integrate it in my my system and everything is perfect as planned Next goal is to come up with a way to detect robbery in real time 🤯 Also I am keen on diving deeper in Multiprocessing/Muktithreading #100DaysOfCode #techtwitter

Want to know about our competitive falls package? Contact our team for more details tynetec.co.uk/contact-us/ #Tynetec #TECs #AssistedLiving #IndependenceAtHome #ReachIP #FallDetector #TAO

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Louis's plan for today was to test out our Brand new Fall Detector, by parachuting from the Christmas Tree #LouistheLegrandElf #Tynetec #FallDetector #Bi-directionaldigitalheartbeat #TECs

The Buddi Connect Wristband has an automated fall detection sensor #FallAlarm #FallDetector #mHealth #wearabletech #PeaceOfMind buddi.co.uk

Want to learn more about our products and services? #OttawaSeniors #Falldetector #fallprevention #Independentliving #Homefirst #agingathome @bruyerecare Check out our promo video youtube.com/watch?v=CzJzssnm…

With the buddi wristband help is at hand 24/7 #fallalarm #falldetector #wearabletech buddi.co.uk

Happy #GivingTuesday ! Give the gift of independence - We offer in-home and mobile protection to keep your loved one safe. @bruyerecare #OttawaSeniors #Independence #falldetector #GPS #Activeseniors