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Health & Fitness

Profitable Startups

Profitable Startups

The startup scene is extremely hot right now, with valuations reaching levels not seen since the last tech bubble in the 1990s. Occulus, the virtual reality firm that was purchased by Facebook recently seems to be the epitome of this. Originally funded via Kickstarter, the firm raised in excess of $2 million on this platform, which was quickly dwarfed by the purchase price paid by Facebook. Almost every day there are stories of startups, crowdfunding sites, and other types of initiatives that are pushing startups to help generate economic growth. Many of these firms, however, lack consistent earnings, have relatively unsophisticated business models, and often experience growing pains.

There is, however, one unexpected source of growth that has spawned a whole sub-industry of profitable startups.

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The Affordable Health Care Act (Obamacare)

Much bemoaned by large numbers of businesses and individuals alike, the health care legislation is accused of adding regulation, costs, and unnecessary paperwork to health care operations. As the CNBC article cited below shows this is not always the case, or more specifically, that there are opportunities in any and every environment.

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