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 18 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
HomeHero forces every corporate employee to re-apply for their job every January
“Every January, everybody reapplies for their job, and we go through an interview process again.”
Kyle Hill: Friction builds trust in high-touch marketplace models
“I think friction builds trust. A lot of tech companies want to take all the friction out of a Experience, but you know, the more time you spend with someone, the more they're going to trust you, and that's very important in this business.”
HomeHero converted 100% of its caregivers from 1099 to W2 employees
“Recently, in order to work with hospitals we decided to convert a hundred percent of our caregivers, we call them heroes, from 10 99 contractors to w two employees, and in doing that it raised the, a lot of our costs, right?”
Kyle Hill: Homogeneous marketplace workers will eventually be replaced by robots
“I look at those and no offense to any of those companies, but you could probably replace those workers with robots.”
Kyle Hill: CMS will create reimbursement codes for non-medical home care
“I see a reimbursement code for non-medical home care being created by Center for Medicare, Medicaid Services, CMS. I think that you are going to be able to reimburse for activities of daily living, which are considered, historically have been considered non-me…”
Kyle Hill: HomeHero is not the Uber for caregiving
“Hell no, we're not the Uber for caregiving, and I'll tell you why.”
Kyle Hill: Pitch meetings should never be an investor's first introduction
“You never want to go into an investor meeting, and that'd be the first time that they've heard of your business, the first time they've met you, the first time they've heard anything about you, because they don't have a relative point to compare your progress …”
HomeHero was the first organization to deploy Apple CareKit into a hospital
“We're the first hospital to deploy care kit Apple's care kit into a hospital. It was through Home Hero”
Kyle Hill: Going home will become the default over skilled nursing facilities
“There is going to be less reliance on skilled nursing facilities and medical home health, and going home is going to be the default option, and so you are going to see a lot more non-medical, non-clinical home care providers like Home Hero partnering with hosp…”
HomeHero surpassed one million home care hours in California
“Say a year ago, we surpassed a million hours of home care in California, and we were operating on much thinner margins, a lower cost.”
HomeHero raised its price point to $22 per hour after W2 transition
“Now our price points at 22 dollars”
HomeHero became Cedars-Sinai Medical Center's preferred home care provider
“Home Hero just partnered with Cedars-Sinai Medical Center, and we're now the preferred home care provider from Cedars-Sinai.”
Kyle Hill: 40% of adults care for a sick or elderly relative
“40% of adults are caring for a sick or elderly family member.”
Kyle Hill: Unpaid caregiving reaches $470B annually, matching Apple's market cap
“Unpaid caregiving services is four hundred seventy billion dollars a year, which is roughly equal the value of Apple.”
Kyle Hill: The US senior population will double by 2050
“And then our senior population is going to double by 20 50.”
Kyle Hill: The caregiver-to-senior ratio will drop by half
“The number of caregivers we have in our relative number of seniors is going to cut in half”