Equity This feels like a SoftBank deal from 4 years ago
Jun 17, 2022
This week, new healthcare startup Sesame raised $27 million, aiming to provide affordable care without insurance hassles. Food delivery venture Wonder captured attention with its massive funding, though doubts linger about its viability. Meanwhile, a brighter outlook for startups is emerging, despite challenges in the real estate market leading to layoffs at Redfin and Compass. Lastly, the crypto landscape showcases a mix of turmoil and optimism, as Binance.us steps up with new hires amidst the chaos.
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Sesame's Billing Model
- Sesame's model bypasses insurance claims, simplifying billing for both patients and doctors.
- Patients pay directly per visit, eliminating surprise bills.
Sesame's Funding and Model
- Sesame, an online medical care marketplace, raised $27 million.
- It connects patients and doctors, offering care without insurance at lower costs.
Wonder's Operational Challenges
- Wonder's complex model involves vans, staff, supply chains, and precise timing.
- Alex questions the economics, comparing it to past food delivery failures.