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by jimmywanger 3161 days ago
Well, as another poster already said, there's high-end, and then there's luxury.

Take a look at this article: https://www.nytimes.com/2017/06/03/business/economy/high-end...

So high-end medical care is like a really good health plan that covers a lot of procedures. It's good enough for most people, not like the US's public safety net. You pay a little more but the market is there.

The article above is an example of a LUXURY health care service. The consumers really don't care how much they spend, but every time they got the sniffles, they get tended to by the top specialists in the field.

Kudos to the Walnut founders to realize so quickly that they'd have to pivot into the luxury segment of moving, not just the high-end one, as the luxury segment is lucrative, and the high-end non-existent.