The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 10 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
PillPack came within 48 hours of losing $100M in revenue
“And so, we were 48 hours from going from, like, I don't know what it was, a hundred million in revenue to zero. Like, zero.”
TJ Parker: PillPack raised $9M at $30M post with no structure
“I think the practical answer to your question is we raised like a nine on 30 post or something. With no structure.”
Destin: PillPack Built Its Pharmacy Software With Just 50 Engineers
“I mean, PillPack is a company that got acquired by Amazon for a billion dollars. Guess how many engineers they have? 45. This is a tiny engineering team that built a pharmacy operating system, which, you know, the incumbents have supposedly spent half a billio…”
TJ Parker: No e-commerce pharmacy players existed before PillPack
“There's all these big winners, and pharmacy, there's basically, there was no e-commerce player before PillPack. Like, that didn't exist, right?”
Parker: PillPack achieved ~$200M revenue run rate prior to Amazon acquisition
“One, like, we were now, like, a version of scale, right? Like, a couple hundred million in run rate or something like that.”
TJ Parker: Public pharmacy stocks fell 15% upon Amazon-PillPack acquisition announcement
“All of the companies that traded in pharmacy in the public markets dropped by, like, 15% in, like, three minutes.”
PillPack's core product model originated from TJ Parker's father's B2B pharmacy
“My dad had started this totally new pharmacy that was sorting and packaging meds actually very similar to PillPack. But they were selling into nursing homes and assisted living facilities. It wasn't a consumer business.”
PillPack's physical design remains unchanged nearly a decade after launch
“The physical product today, which is now almost a decade later, is exactly the same as it was when we designed it the first time around.”
Stebbings: David Cohen's portfolio companies have created over $80B in value
“To date, David has backed hundreds of startups, including the likes of, check this out, Uber, SendGrid, Twilio, ClassPass, PillPack, and many more. In total, these investments have gone on to create more than eighty billion dollars in value”