

20VC: Hims Founder Andrew Dudum on Hims Going Public, The Reasoning and Benefits of SPACs, The Biggest Misconceptions of Successful Company Building & Wall St's Changing Perceptions Towards Growth and Profitability
10 snips Jan 21, 2021
Andrew Dudum, Founder and CEO of Hims & Hers, shares insights from his dynamic journey in the health and wellness industry. He discusses the challenges and misconceptions of building a successful company, emphasizing that small teams can drive efficiency. Andrew reflects on Hims' rapid growth to a $1 billion valuation and his timeliness in opting for a SPAC IPO. He also delves into improving productivity through innovative time management strategies and shares his vision for the future of healthcare accessibility.
AI Snips
Chapters
Books
Transcript
Episode notes
From Wharton to Hims
- Andrew Dudum dropped out of Wharton to join a Sequoia-backed company.
- He later co-founded Atomic Labs, a venture studio backed by Peter Thiel and Marc Andreessen.
Prioritize Specialization
- Hire specialists who are better than you in their respective roles.
- This raises the overall talent level as the company grows.
Timing of Specialization
- Transition to specialists after achieving product-market fit.
- Hims transitioned quickly after demonstrating customer willingness to pay.