Redox
company on 1 show · 8 statements across 1 episodes · said 23 times in 2 episodes since 2017
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Skievaski says Redox would reject a $50M acquisition offer from pharma
“If Amgen or Pfizer offers you 40 or fifty million bucks for the company today, do you sell? No. From our perspective, well, well, and particularly because of those types of, you know, these are pharmaceutical companies. I don't think they're well suited to sol…”
Redox has only ever lost two live health system integrations
“The number that we care about is number of live connections between developers and health systems. And we've lost two on that. And in both cases, it was because the health system was running a pilot with that application and they decided not to extend the pilo…”
Skievaski: Redox has about 200 live integrated applications
“So, so these health systems that are using us, they'll have between one and four or so applications that they'll be running through Redox. So, you know, on average, I'd say Two or so applications per health system. So that's like 200 or so applications that ar…”
Redox had hundreds of developers building on its API pre-Series A
“Beyond, beyond just the one live customer, we had probably a couple hundred developers who had signed up and basically made applications on top of our APIs.”
Redox raised a $3.5M Series A with only $2,000 MRR
“Well, we had that one live customer. So we were at about, you know, a thousand dollars or so, 2000 dollars a month in you know, MRR.”
Redox founders and first three hires all took $35,000 salaries
“So our, this group of six, we all paid ourselves exactly the same, 35 grand.”