Michael Maylahn began focusing on the theory for Stasis, a low-cost system to monitor vital indications, as being a University of Southern California undergrad. He and their co-founder, Dinesh Seemakurty, knew their concept may help hospices, assisted living facilities, and hospitals when you look at the world that is developing, potentially, the U.S. Nonetheless they encountered an obstacle that is major they included their Los Angeles-based company during the early 2015: Maylahn, now 24, ended up being graduating with $140,000 in student financial obligation.
As he transferred from community university to USC, cash call today’s rates Maylahn thought he desired economic security–and together with level in biomedical engineering, he previously work at a middle-market healthcare technology business coming soon. “But I happened to be in deep love with Stasis,” he claims. (more…)