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Publicity-shy Bistech hopes lung treatment gets noticed, Boston Business Journal, Allison Connolly, July 25, 2003.

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For startup companies inevitably constrained by limited funding and resources, independent contractors have historically provided a cost-efficient supplement or even substitute for their workforce. Without shouldering the costs of training or, in many cases specialized equipment, startup companies can retain the services of skilled professionals to help develop and establish their companies’ core business.
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In the context of raising capital for early stage or start up ventures, what it means to say that a company is “financeable” is generally well understood. Common factors include: the business model looks attractive from a revenue/profitability standpoint, the market opportunity is substantial and there is a strong management team. However, even when these factors are present, there can be others that can render a business unfinanceable
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