Dudum: Healthcare is US's last untouched multi-trillion dollar industry
Andrew Dudum · 20VC: Hims Founder Andrew Dudum on Hims Going Public, The Reasoning and Benefits of SPACs, The Biggest Misconceptions of Successful Company Building & Wall St's Changing Perceptions Towards Growth and Profitability · Jan 21, 2021 · at 3:39
Andrew Dudum is the founder and CEO of Hims & Hers. He explains his decision to enter the healthcare sector and modernize the industry.
0:00 / 0:14exact quote · 14.8s
720p mp4 · rendered on demand · StarZero watermark
“So, you know, I've been building for a long time, and it was a couple years ago that I really fell in love with the healthcare space, fell in love with the opportunity to help a lot of people, but also to digitize, I think, probably the last multi-trillion dollar industry in the US that really hasn't been touched by technology.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Andrew Dudum
Andrew Dudum praises US administration for regulating processed foods
“I think the current administration is doing an amazing job on that issue. I really do. Right. Like the push to eat real food, the push to normalize the fact that all of the ingredients on these labels is garbage. It's chemicals. The push to educate people to a…”
Dudum: First-day IPO stock pops signal severe equity mispricing and unnecessary dilution
“The fact that a company is doubling in value the first day It means that the company was taking money as part of the IPO at the wrong price, at a price that was probably 50% what they should have been doing. And so there's a huge amount of dilution that they i…”
Andrew Dudum: Running a public company is more fun than staying private
“I might be the only person that believes this, but I think running the company in the public markets is more fun than being private.”
Weight loss is not the majority of Hims & Hers' revenue
“So weight loss is actually, you know, nowhere near the majority of this business. And I don't think ever will be just because you're continuing to expand core categories and a lot of new categories.”