@HowardKaplan@OurFoundery If I were to do another one again, it would be my new 3-3-3 rule. just be 3 cofounders (product/analyst, engineer, designer), $3m seed, and give ourselves 3 years to iterate/find true PMF. But, in those 3 years, once we find PMF it is off to the races and time to keep raising.
Exciting news: Nurse-1-1 has been acquired by Revive Health. There's still lots more to do to fulfill our mission, but joining forces with Revive will surely get us there sooner.
Thanks for all the support along the way, everyone!
Excited to announce that Nurse-1-1 has been acquired by Revive. This acquisition merges primary care, urgent care, mental health support, pharmacy services, specialist access, and more into a single, personalized virtual health platform.
https://t.co/yUQ2tgUsKD
This is a good read. Spoiler, it is โeffortโ and โpassionโ but the reasons why are important.
I always articulated the same idea as โnever give upโ and โfocusโ which come down to the same reasons outlined here.
https://t.co/SVtzKamO8c
@KabirH Iโve heard Zuckerberg say that they were generating lots of revenue from year 1 before so I donโt think they were compounding losses. Also Eric would know about Uber, being an early investor and all. Iโm sure they werenโt compounding losses either. At least not at a unit level.
Iโve been starting or joining startups for 25 years and have a lot of strong opinions on this stuff. I canโt agree more with this 55 post thread. A must read ๐
Two Laws Of Startup Physics
Fifteen years into my venture capital career, Iโve come to believe there are two undeniable laws of startup physics:
Capital compounds both positive and negative formulas.
All positive formulas compound at diminishing rates of return.
1/55
@chrissyfarr We are still waiting to hear back from our Boston Childernโs hospital pediatrician about a reaction our daughter had with a medication. It has been 5 days without any reply. Thankfully we donโt fully rely on them anymore.
@devenmorgan 100% agree. There is value, however, in letting your 8U players realize that the 8u kid on the other team can hit dingers... but then those parents don't get trophies for that. ๐
Going to keep posting this until I get YOUR thoughts. What should a new healthcare system, built from scratch, be like? Built with a fresh start with today's technology and our collective insights.
If you had the chance to build a brand new healthcare system from scratch, how would you build it? What would the patient experience be like? What would you focus on?
If you had the chance to build a brand new healthcare system from scratch, how would you build it? What would the patient experience be like? What would you focus on?