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Thomas Prescott: From Funding to Product Launch

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Uploaded on Nov 24, 2010

Align Technology CEO Thomas Prescott discusses the financing history of the company from its inception to initial product launch. Prescott points out a historical difference indicative of the roaring 1990's - namely, $280 million in financing before the company turned a profit. Today, virtual product models and increased pressure on profitability would make this heavy financial front-loading difficult to achieve.


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