Kimmy Scotti

Co-Founder, Fig.1 Beauty · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

investorfounderexecutivefig-1.co ↗

Kimmy Scotti is the co-founder of skincare brand Fig.1 and the founder and managing partner of venture fund Neon. She previously served as a founding partner at 8VC and co-founded healthcare and consumer businesses including ScriptRelief.

11statements → 6claims → 2claims resolved → 3.91/5average certainty → 1.82/5average debate potential → 2said about them ↓

1 supported 0 partly supported 1 contradicted 1 not yet assessed 3 not checkable as stated how the 6 claims stand · each chip opens the sources

6 assertions · 1 opinion · 3 insights · 1 disclosure · every statement was checked. The predictions and assertions are the 6 claims: statements the public record can support or contradict. 2 are resolved, 1 is not yet assessed, and 3 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Kimmy argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Scotti: The US Has More Pharmacies Than McDonald's and Starbucks Combined
“There's more pharmacies than McDonald's and Starbucks and all of these things put together.”
Kimmy Scotti Jan 26, 2023 ▶ 13:35 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale

Their most notable contradicted claim

Assertion Contradicted
Scotti: Over 90% of Americans Live Within a 5-Minute Drive of a Pharmacy
“There's a, I mean, there's a pharmacy, you know, really within a five minute drive of like 90 plus percent of Americans.”
Kimmy Scotti Jan 26, 2023 ▶ 13:43 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale

Expressed certainty vs assessment result

none yet certainty 1
none yet certainty 2
0% certainty 3
100% certainty 4
none yet certainty 5

weighted support: a fully supported claim counts one, a partly supported claim counts half. Each filled bar is clickable and opens exactly those claims; "none yet" means nothing said at that certainty level has resolved yet

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Kimmy Scotti on measured tape to publish a rate. This says nothing about how they speak.

Everything Kimmy Scotti said on American Optimist that made the record, most notable first. Filter by type, assessment or year in the ledger →

Insight
Scotti: Americans Blame Big Pharma but Actually Suffer from Big PBMs
“All the time you hear Americans, you know, close to you walking around complaining about Big Pharma, and you, what you hear them complaining about is Big Pharma. What they're actually complaining about that they don't know is Big PBM and Big Pharmacy.”
Kimmy Scotti Jan 26, 2023 ▶ 11:31 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Opinion
Scotti: Vertical Consolidation Between CVS, Caremark, and Aetna Harms Consumers
“This mass consolidation we're seeing across American healthcare, where you're seeing insurers aligned to pharmacy benefit managers and even pharmacies. So if you look at like CVS, right, it's like CVS, CVS Caremark is their PBM. You know, and now Aetna. So you…”
Kimmy Scotti Jan 26, 2023 ▶ 10:43 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Assertion Not yet assessed · timeframe Jan 2023
Scotti: Pharma Is 13% of Healthcare Revenue but 50% of Profits
“What do you think percentage wise revenue pharma is in revenue in healthcare? Most people would, you know, not realize it's about 13%, but profits in healthcare... It's half, exactly. It's 40, it's like 49, 50%, exactly.”
Kimmy Scotti Jan 26, 2023 ▶ 16:47 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Insight
Scotti: Most Skincare Brands Use Off-the-Shelf Co-Manufacturer Formulas
“They just go to, they go to a co-manufacturer who makes all the skincare products. They take something off a shelf. Put your own label on it, and you put it out.”
Kimmy Scotti Jan 26, 2023 ▶ 29:28 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Insight
Scotti: Unconventional Proxies to Target Customers Are Most Cost-Effective
“What's the weirdest way you can get to your exact customer? And that's probably also the most cost effective.”
Kimmy Scotti Jan 26, 2023 ▶ 7:03 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Assertion Not checkable as stated
Scotti: Script Relief Reached Over $100M Annual Profit With 28 Employees
“It's over a hundred million a year in profit, and as a small team only 28 employees at the time”
Kimmy Scotti Jan 26, 2023 ▶ 7:41 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Disclosure
Scotti Stockpiles Six Life-Saving Antibiotics at Home Over Supply Chain Fears
“But I just, I like to keep on hand since the start of COVID big gun antibiotics. So like your top six drugs that are like, could be life saving.”
Kimmy Scotti Jan 26, 2023 ▶ 18:24 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Assertion Not checkable as stated
Scotti: Script Relief Mailed Over 100 Million Packages Annually
“Even a hundred million packages a year in, in some years.”
Kimmy Scotti Jan 26, 2023 ▶ 5:20 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Assertion Supported
Scotti: The US Has More Pharmacies Than McDonald's and Starbucks Combined
“There's more pharmacies than McDonald's and Starbucks and all of these things put together.”
Kimmy Scotti Jan 26, 2023 ▶ 13:35 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Assertion Not checkable as stated
Scotti: Unscripted Founder Video Beat Fig.1 Celebrity Ads by 10x
“Our marketing team is like, yeah, there's this, but there's this girl who's talking about your product in this Instagram post that's performing 10 X better than these other celebrity Instagram posts, and I'm like, what girl are they talking about? And they pul…”
Kimmy Scotti Jan 26, 2023 ▶ 32:18 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale
Assertion Contradicted
Scotti: Over 90% of Americans Live Within a 5-Minute Drive of a Pharmacy
“There's a, I mean, there's a pharmacy, you know, really within a five minute drive of like 90 plus percent of Americans.”
Kimmy Scotti Jan 26, 2023 ▶ 13:43 Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale

The other half of the tape: Kimmy Scotti's own voice is left out of every number here. Other people bring the name up 2 times in 1 episode on American Optimist. every mention, with the transcript →

Who brings them up most Joe Lonsdale 2

Every mention by year

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Appearances (1)

EpisodeDateSpeaking time
Kimmy Scotti: How to Spot (and Build) the Next Big Thing · Joe Lonsdale Jan 26, 2023 27m
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