Nick Ofosio, founder of FEBO Health, addresses privacy concerns regarding crowdsourcing health and medication data from users.
0:00 / 0:18exact quote · 18.6s
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“A, entirely anonymous, entirely encrypted, double encrypted. You don't need to even put a name to it. You don't need to put an email, like you don't even have to create. You can have it be entirely fake, or you can put a wall, like you can put a different picture. We don't request any information from you. It's entirely anonymous and double encrypted.”
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More from Nick Ofosio
Insight
Ofosio: Apple cannot effectively target niche chronic disease management
“Apple, for them to move the needle, they have to focus on a larger audience. And we are not focused on a larger, or like, you're not my customer. I mean, I don't know whether or not I'm assuming here, but we're, our customers are the chronic condition patients…”
Nick OfosioFeb 28, 2022▶ 13:40Why he raised $150k at $4m Pre Seed Round
AssertionNot checkable as stated
Ofosio: FEBO Health claims a $1.70 CAC versus $2.80 national average
“We're spending about the national average is two 80. We're right now at like one 70 something.”
Nick OfosioFeb 28, 2022▶ 14:48Why he raised $150k at $4m Pre Seed Round
Disclosure
Ofosio: FEBO Health raised $160k SAFE round at $4M valuation
“It was a 160,000. Safe round one at four million dollar valuation. And the, that was, that will take us to roughly about end of June.”
Nick OfosioFeb 28, 2022▶ 1:41Why he raised $150k at $4m Pre Seed Round
AssertionNot checkable as stated
Ofosio: FOMAT Medical Research generates seven to eight figures in revenue
“Yeah. So, you know, seven, eight figures. ... Somewhere around those figures. I mean, I don't want to enter into too much of those details if you may, if we may.”
Nick OfosioFeb 28, 2022▶ 3:01Why he raised $150k at $4m Pre Seed Round
Disclosure
Ofosio: FOMAT Medical Research invested $500k to $750k into FEBO Health
“I don't know how, I don't have any direct number for you. I would guess somewhere in five to seven 50.”
Nick OfosioFeb 28, 2022▶ 4:13Why he raised $150k at $4m Pre Seed Round
Disclosure
Ofosio: Angel investors own approximately 3% of FEBO Health
“About three percent.”
Nick OfosioFeb 28, 2022▶ 6:28Why he raised $150k at $4m Pre Seed Round
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