Founder & Co-CEO at Alchemy. Building in-house pharmacies for safety net clinics. 3X Founder. Previously Truepill, CardMunch (acquired by LinkedIn).
San Francisco, CA
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- Followers 5,909
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NEW COMPANY ANNOUNCEMENT
Today, I turned 40 and I’m launching a new company! At Alchemy, we are focussed on advancing HIV access and equity in America.
We are powering the future of 340B pharmacy, starting with on-site pharmacies for covered entities. We are building exclusively clinic-owned and vendor-operated pharmacies focusing on STD clinics, Ryan Whites, and FQHCs. We provide the entire physical, clinical, and digital infrastructure needed to operate and grow best-in-class 340B programs.
My only birthday wish is if you or anyone you know works in the HIV space (more specifically pharmacy, 340B, covered entities, safety net providers, STD clinics, Ryan White clinics, FQHC, community health workers), I would be grateful if you could connect us or @message me directly. 🙏
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Big news! 🎉
I am thrilled to announce that @Alchemy_rx has raised a $31M Seed round, led by @a16z with participation from @MagicJohnson, @sherylsandberg, and existing investors Twine Ventures, Springbank and AlleyCorp.
This funding enables us to continue building in-house pharmacies for safety net clinics, with a focus on patients living with HIV and Hepatitis C.
Last week, I had the privilege of sitting down with Earvin “Magic” Johnson to discuss his personal journey with HIV, his vision for advancing HIV access and equity in the U.S., and the role he believes Alchemy will play in the coming decades.
Full press release: alchemyhealth.com/articles/a…
#fundraise #alchemy #healthtech
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1/ I work in the industry and it's mind boggling to me how a senior citizen could navigate our complex heath system. Here's a conversation with my father-in-law tonight.
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How it started 2016: We (Umar, myself, and our og team) built the industry’s first pharmacy API and dispensed our first prescription. How it’s going 2021: 6+ million prescriptions later and we’ve scaled from just pharmacy to telehealth and at-home lab testing.
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WOW so embarrassing, I showed up to my first @joinClubhouse event with @julesyoo and @pmarca in a collared shirt. I guess this is what happens when you are heads down in healthcare that you lose touch with all the cool stuff?? <- I know...lame excuse
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I'm really excited to announce that we have closed our Series D! This is another step forward towards our vision of transforming consumer healthcare.
techcrunch.com/2021/10/27/tr…
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1/ What is the greatest lesson or the best experience you have learned/had in your career? My biggest lesson has been hard for me to talk about for a long time, so I'm finally getting it off my chest.
👇
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Humbled and honored to have been selected as an EY Entrepreneur Of The Year® 2021 Award winner. Thank you @EY_US and congrats to both the 2021 nominees and the other winners! ey.com/us/eoy/norcal
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We are very excited to share our story and growth at Truepill!
forbes.com/sites/amyfeldman/…
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1/ The serendipity of Silicon Valley is something I try to never take for granted bc it was the reason I met @UAfridi and started @truepill_rx. I mean where else in the world does a pharmacist meet a product person and decide to start a company together.
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I’d say the biggest driver for me is being passionate about what I’m spending my time (professionally) doing. Building the future of healthcare definitely fits that bill, but it's never so clear on Day 0. It takes years to really become obsessed.
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A member of our team reminded me of this great quote today “The strength of the team is each individual member. The strength of each member is the team.” -Phil Jackson
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1/ I'm excited to announce the official launch of Truepill - a pharmacy API and fulfillment service. We are building the pharmacy infrastructure of the future and have raised $14M in Series A funding led by @InitializedCapital @Ycombinator @TuesdayCapital @sound_ventures_
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“The pandemic is ushering in the next trillion-dollar industry” The dawn of digital medicine | The Economist economist.com/business/2020/…
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Thanks @Ycombinator for including @truepill_rx on your top companies list! It's an honor to be included alongside many companies that we have looked up to for so long. bit.ly/2CQE3iY
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Trying to find that elusive pandemic-market fit forbes.com/sites/amyfeldman/…
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As a pharmacy, we have a responsibility to keep our doors open. Our infrastructure and facilities across the country enable us to dispense 100K medications a day that can serve millions of Americans. I am reaching out for ANY AND ALL ideas on how we can help. sid@truepill.com
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Wow @bfeld is always giving out gold nuggets on Twitter, but this one is like a gold mine! Tech reporter contact list awe.sm/m1Exp
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It was a real pleasure to host one of my role models @jeffiel for an intimate convo with YC Alumni. I first met Jeff over 11 years ago via @ManuKumar and he and @twilio are the true OGs of API-first businesses.
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Just riffing on @justinkan’s quote “First-time founders focus on product. Second-time founders focus on distribution. [Third-time founders go B2B]” 🤣
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1/3 - Really excited to officially launch our virtual pharmacy platform. This enables us to expand our API platform to now also include front-end components for our partners to build modern and scalable consumer pharmacy experiences.
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I was looking for the next thing and focused on creating something to dedicate the next ten years of my life to. So I emailed @UAfridi on @LinkedIn and we chatted about healthcare. And chatted. And strategized. And worked. (And worked.) #entrepreneurlife bit.ly/3rFMseY
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Being a start-up entrepreneur = luck + timing + ability to move/scale/pivot/fail!! very quickly. In short, the work is never finished.
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1/ Over the years, I always take the time to respond to first-time entrepreneurs that reach out for advice. (I don't get that many so it's manageable Relieved face)
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Congratulations to the entire Mark Cuban @costplusdrugs Company team on this exciting launch. We talk a lot about transforming consumer healthcare, and it’s solutions like this that can really move the needle. Proud to be a part of it!
1/3 - 18 million Americans were recently unable to pay for at least one prescription medication for their household due to ever-rising costs, and 1 in 10 Americans have skipped doses to save money, according to a Sept 2021 Gallup poll.
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Pretty wild $100B+ valuation with just 6.1M users in Q1. Is there an example of a better ratio than that for another B2C business? I’m still thinking... www-cnbc-com.cdn.ampproject.…
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Really excited to be working with the best investors in healthcare to build the platform vision of Truepill @oakhcft @Optum_Ventures @Initialized #pharmacy #telehealth #diagnostics medcitynews.com/2020/09/true…
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It's amazing the number of times I reference this essay from @paulg on doing things that don't scale in Year 4-5 at @truepill_rx. I really believe the principles in this essay apply to every stage of a company, not just the early days paulgraham.com/ds.html
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When you encourage a fellow founder to just go do it and GET IT DONE...it's amazing how it energizes you indirectly! Entrepreneurship is a constant grind and you have to keep finding ways to fuel it, and I've found the best source to be the camaraderie with other founders.
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Talked to an aspiring founder tonight about getting his business stated, and it was just so energizing and fun! I am like WIRED now and can't fall asleep but oh well it was worth it. The energy and audacity of first time founders is so infectious and awesome.
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Honored to be included at number 2 on the @SFBusinessTimes Fast 100 list. Very proud of the @truepill_rx team and the growth we've achieved in the past 12 months!
Truepill has been named #2 on the 2020 San Francisco Business Times Fast 100!
ow.ly/4vTX50C71SK
Featuring the fastest growing companies in the Bay Area, the Fast 100 "recognizes extraordinary businesses that have shown tremendous growth." Thanks @SFBusinessTimes!
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What part of the healthcare process is the hardest to navigate for you or your family members?
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In our monthly product newsletter, we asked our team the best piece of advice they've ever received. The answers apply to both life in general and product philosophy. Here were some of my favorites 👇
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1/ This is a SHOCKING stat from @nikillinit "Despite advances in medicine, maternity care has been characterized by rising costs and declining outcomes in the US. Maternal morbidity rose 26% from 2000 to 2014"
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6/ For the record, my father-in-law asked the pharmacist over the phone about GoodRx coupon pricing and the response was "You can bring in a card and I can run it." This highlights another problem of retail pharmacies not being incentivized to help patients find the lowest price
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Great advice for early stage companies "Niche to Win, Baby" 500 Hats — Medium 500hats.com/niche-to-win-bab…
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So excited for the launch. The team definitely got me to sweat sharing my first pitch! Hope you get a chance to check it out when it airs.
We’re excited to officially announce our newest project: @firstpitches!
This is a podcast/videocast where we talk to famous founders and ask them to re-live their very first pitch. This has been a fun collaboration with @lolitataub, @hungvpham, and @ericbahn. Thread below:
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Congrats @ManuKumar and @K9Ventures for an amazing outcome and for being first money in (as usual :) For anyone taking notes, Manu is still a solo GP 🙌🏾😲🔥👏 techcrunch.com/2021/03/03/ok…
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Honored to have Truepill make the @CBInsights Digital health 150 list for ‘most promising private digital health companies in the world.’ Congrats, team - excited for what’s in the works for 2022.
Excited to announce we were named to the @CBInsights Digital Health 150 list which ‘showcases the 150 most promising private digital health companies in the world.’ It’s an honor just to be considered and we’re thrilled to be included. bit.ly/3DDcLr1
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Ok I get it now @joinClubhouse is the future of radio. I feel like I'm out from under a rock. Now who wants to host an event with me? 🤪
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Am I allowed to upvote this?
B2B only - CHECK
APis - CHECK
Everything white labeled telehealth, pharmacy and diagnostics - CHECK
Digital front doors - CHECK
Home-grown cloud based EMR - CHECK
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The fact that you can today make an API call, have satellites in space do something based on your API request, and then in minutes/hours have the data sent back to you programmatically...is truly AWESOME. The power of APIs is limitless!
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If this doesn’t make you emotional and inspired, then you are not human. “He’s the joy of our family, whose strength and warmth both inspire and motivate me to keep pushing the boundaries of what technology can do," Satya Nadella wrote about his son Zain, who recently passed away
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Thanks for all your support @garrytan and @Initialized
Truepill just raised $25M and can now fill over 100,000 prescriptions per day. Pharmacy prescription fulfillment by API enables telemedicine— especially now as providers are embracing it since patients are staying home!
forbes.com/sites/amyfeldman/…
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Through our partnership with HTA, we are launching an end-to-end COVID-19 testing platform coming to an employer near you. Can't wait to roll this out with some of the largest employers in the country, stay tuned!
1/3 - We’re excited to debut our new #COVID19 workplace safety platform in partnership with Health Transformation Alliance. This flexible, end-to-end solution empowers employers with all the tools needed to safely and effectively transition employees back to physical worksites.
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You know that's the worst part because at one point my FIL asked me "Should I just pay the $200?" #defeated
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My 2yo son is smart enough now to come to my desk, rotate my Apple Magic mouse 180 degrees when I'm not looking, and then leave. He knows that is confuses the HECK out of me for a good 20-30 seconds and now that I told him not to do it... he does it way more often 🤣
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How can we help? 🙏
Kaiser Permanente's CEO sent a member email this morning which suggests that - even w/ ample supply - KP will not be able to vaccinate all of its adult members until the Spring or Summer of 2022.
At this point, relying on big health systems looks like the definition of insanity.
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As a founder you have to wear many hats and play different roles day-to-day. But it's the days when I get to do some deep product thinking work that I feel like I have truly earned my paycheck. Good way to enter the weekend 💪
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It's been inspiring to see how @SamCorcos and the @Levels team are changing the future of #metabolichealth. And it's exciting to think how much potential still lies ahead for continuous glucose monitoring in the #wellness space 👏
"Our core competency is in consumer software and data science, and Truepill has really allowed us to focus on that in a way that would have otherwise not been possible."
Read why Levels chose to partner with Truepill: ow.ly/FHAl50ByO68
@unlocklevels #metabolichealth
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“And maybe I’ll be a little more optimistic that Silicon Valley’s collective delusions can permanently alter reality” What I Got Wrong About Coinbase and @garrytan Got Right newcomer.co/p/what-i-got-wro…
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Get ready for some Sweetness! I am extremely excited to announce the launch of my new company @sweetnessapp
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Wow can't believe 2019 is almost coming to an end. Good news is I've boiled my life down to a simple rule and it helps guide me through the year. Family, Work, Health/Fitness, Friends <= Pick TWO to focus on for any given week. That's all I can handle I've learned.
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My wife just asked me about a VC firm and the first thought that came to mind was pitching them a few years ago. All I remember is the partner kept using the word WE “how should WE do XYX?” ...and I’m like who is WE?! I don’t see you doing the work with us 😂
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Congrats my my friend and brother @garrytan on your next chapter! It's been a privilege to work closely with you over the last 6+ years and there's so much more we will do together. forbes.com/sites/alexkonrad/…
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Amazing about the founder of @WearAtoms! If you need something to just propel you into Monday then read this thread.
(11/11) “There was once a little girl who was brought up to be a dependent. But one day she started acting like she was in charge of her own life. And it raised doubts and fears in everyone around her..."
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Umm I have a problem...my 2 1/2 year old son is running around the house saying "OH F***K" repeatedly. And for the record, he definitely learned that from his Mom 😟
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I smiling from ear to ear right now. My son's photo made it into our company All Hands opening slide! And I promise I didn't create this deck 🤣
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"viral growth does not necessarily indicate a network effect" 16 More Startup Metrics | Andreessen Horowitz a16z.com/2015/09/23/16-more-…
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Thrilled to announce we are partnering with @GaussSurgical to bring rapid at-home COVID testing to millions of Americans and the entire Truepill partner ecosystem. “Rapid COVID-19 tests home delivery mass rollout plan “- Axios axios.com/rapid-covid-19-tes…
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Ok I understand why the world still uses Microsoft Word (shockingly), but can you at least PDF your resume when you send it to me?!
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Writing new API docs is like trying to summarize 4 years of work into webpages. The process takes your admiration for companies like Stripe and Twilio to new heights. The sheer breadth combined with elegance and craftsmanship they achieve is so inspiring and daunting.
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Hey @jesslivingston would you consider a Founders at Work Part II? That was the first startup book I read nearly 10 years ago, I'm ready for the next one!
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Some days I feel like the healthcare industry is the single reason faxes and fax machines are still in existence. The number of times I hear about faxes in a given week...
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I started a Slack channel just to be a stream of thoughts and things I'm working on in the company. Turns out it's turning into effectively a remote water cooler, where these are the convos I'd be having if we were still in the office everyday. I like it so far!
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Remote patient consultations are here to stay. Rx delivery to your doorstep is now a standard. Do you have the tech in place to adopt these into your practices? What does the ‘new normal’ for healthcare post Covid-19 look like for your business?
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There is still so much work to do. But it’s important to acknowledge how far we’ve come. We currently do over 50,000 telehealth visits per week across all 50 states. Major tip of the cap to our entire team and all of their dedicated hard work. bit.ly/2NCoK3O
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Tried my best to re-create our very first pitch but realized it's almost impossible, because of all the years of context you gain along the way. Even looking at the slides made me cringe a bit 🤣
On this week's episode, @lolitataub and @ericbahn speak with @sidviswanathan of @truepill_rx and learn how they're building a billion-dollar startup one prescription at a time. Listen here: apple.co/30QWrCh
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Looking forward to this session with @julesyoo and @a16z. And where is @SamCorcos can he join the party?
We’re discussing “The new tech stack for virtual-first healthcare” w @pmarca, @vijaypande @vintweeta @JorgeCondeBio + builders @cwhogg @fyietc @folxhealth @anmaslak @sidviswanathan. Today, Jan 13 at 6:00 PM PST on @joinclubhouse. Join us! joinclubhouse.com/event/gPvj…
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We're recruiting for 55 open roles right now. Please share with your network!
Looking for a new start? Truepill is hiring for multiple roles across the business in the US, UK and remote. Join us!
ow.ly/gZBb50C14KN
#wearehiring #hiring #joinus #jobs #careers #healthcare #technology #remote
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My wife is now on Clubhouse (she forced me to use an invite:) and had a great question. “This is a good event for me but how to people join at 10am on a Thursday?!”
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Check out this quick interview with our favorite investor @garrytan on his brand new YouTube channel. Show some love and subscribe! piped.video/watch?v=fCFHyQag…
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Stoked to have been invited to chat on the @WhartonPulsePod. We covered a lot of subjects. Listen if you have the chance and let me know what you think! Is there anything you’d like to know about how Umar and I started? Ask away - bit.ly/3oXZinr
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1/10 Product thinking (or in some cases, Product Sense) is essential in building a successful business. It's even more critical when building an "enterprise business" in healthcare and I've spent countless hours thinking about how to infuse this into our organizational DNA.
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Thank you @Optum_Ventures for my new gear! You might see a 65-yo man walking around SF in a new OV mask bc my father-in-law has already claimed it!
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Man I definitely earned my paycheck today, oh wait that's right I almost forgot :) #entrepreneurship
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7/ I start Googling around for a manufacturer program. If you have any experience navigating a manufacturer's website, it such a cumbersome experience to the point where I wasn't even sure I was on the right page. Back to GoodRx and scroll down to the "MFG Coupon" section
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12/ At this stage we STILL don't know the new out of pocket costs sadly. All we know is that with the coupon eligibility his copay could be "as little as $5"
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5/ Whether I'm able to offer any useful advice or not, I know which camp I want to be in. I think this can be applied to anything that someone reaches out for help on.
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What a great resource for first-time fundraisers. I’ve raised over $300M in VC money over the years and I wish I had this guide from @dunkhippo33 when I was first getting started!
Fundraising can be so difficult and non-intuitive.
So, I'm super excited to announce that we wrote a tactical book to help first-time founders raise money.
And it’s 100% free.
More >>
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Goodness, has there ever been a single price change in the consumer world to drive this much value instantly? I think not.
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I'm proud that @truepill_rx has been able to serve as an anchor for @unlocklevels. The strides they are making in the #metabolichealth space are already changing the future of #healthcare for the better.
The future of metabolic health is here. Truepill partner Levels is leading the push into one of the most vital new frontiers of overall wellbeing.
ow.ly/dFTU50B8O5a
#healthcare #technology #healthtech #futureofhealthcare #metabolichealth #glucosemonitoring @unlocklevels
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This has got to be Silicon Valley’s version of a superhero sfchronicle.com/business/art…
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Thank you @mcuban for the shoutout on @HowIBuiltThis! Proud to be partnered with you on such an important mission podcasts.apple.com/us/podcas…
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People have experienced telehealth for the first time in the last 10 months, and there's no going back. Thanks, @IvanDeLuce1, and @thebizofbiz for the feature! bit.ly/2KWuF2Z
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There is something pretty cool about dropping into @joinClubhouse rooms in different languages and not having a clue what’s being said.
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Proud to see @truepill_rx included on @CNBCDisruptors 10th annual #Disruptor50 list. Our mission is to transform consumer healthcare, and it’s an honor to be recognized alongside such innovative companies. Congrats to the team!
cnb.cx/3yKkeWy
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I feel like I need to clarify this to “fake it till you make it software engineer” bc I know my real software engineer friends are rolling their eyes now 🤣
“Truepill is what happens when you lock a software engineer with a pharmacist in a room for long, long periods of time.”
Over $200M ARR in 2020 businessofbusiness.com/artic…
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Get up a little earlier and go a little harder today. The least we can all do is bring some of that #MambaMentality into our lives
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I never get tired of talking about our vision for #healthcare. Our latest round of funding brings us a step closer to making our vision a reality - a future where 80% of healthcare is digital.
"We envision a future where 80% of healthcare is digital. With diagnostics, telehealth and pharmacy built on our foundation of API-connected infrastructure, Truepill will power that reality,” Sid tells Fierce Healthcare:
ow.ly/AaJF50BsEpL
#healthcare #tech @FierceHealth
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Wow looking back at some emails I wrote about 12-13 years ago and it's making me CRINGE!! Like what was I thinking, of course no one responded or accepted my meeting request 🤣
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10/ Overall just going to bed feeling really lucky to be a small part of this very special place, goodnight 🙏 #Grateful
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Today as everyone is celebrating Coinbase’s public listing, I want to do a special shout out to @emiliemc . She led strategy and corporate development at LinkedIn for many years acquiring many great companies and making it a powerhouse.
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Happy New Year Everyone! Took me a couple days but now back into the full swing already. My personal goal for 2022 is to consistently break into the Top 50% for @onepeloton sessions 💪🙏🙌
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