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Telehealth startup Hims fell in its public trading debut– and that’s great with its CEO

Telehealth startup Hims fell in its public trading debut– and that’s great with its CEO

by | Jan 21, 2021 | Startups

Hims & & Hers, a San Francisco-based telehealth start-up that sells sexual wellness and other health services and products to millennials, began trading openly today on the NYSE after finishing a reverse merger with the blank-check company Oaktree Acquisition Corp. Its shares slipped a bit, ending the day down 5% from where they began, however the […] TC: You’re a Bay Area-based company selling to a mainly U.S. audience. Conventional health care business monetize just the sick, but enhancing around that group precludes you from comprehending what the next generation really requires and wants. TC: Hims simply went public through a SPAC in an offer that provides the business around $280 million in cash– $205 million of that from Oaktree’s blank-check business and another $75 million through a personal positioning offer. ADVERTISEMENT: The business does not burn a significant amount– between $10 million and $20 million a year– so a relatively long runway if we keep running the business as is. Perhaps it makes for a great CNBC heading, but at remarkable cost to the company….

Emjoy picks up $3M to get more females tuned into sexual self-care

Emjoy picks up $3M to get more females tuned into sexual self-care

by | Sep 30, 2020 | Fundings and Exit

Barcelona-based Emjoy, an audio app for ladies that offers a story of sexual self-care and empowerment, has actually picked up $3 million in seed financing led by JME Ventures, with existing investor Nauta Capital participating. The femtech start-up believes it has lit on a major chance to target ladies with sex-positive subscription audio material that’s focused […] “When I began investigating this I came across the satisfaction space, with some studies showing that 40% of ladies have some type of sexual dysfunction.”What sets us apart from rivals is providing a broad library of both health and wellbeing and entertainment audios, being reliable and extremely reliable since of our internal sex therapist, partnering with sexual wellness specialists, and finally being an item company that provides more than simply material,” she goes on, going over the competitive landscape. Emjoy introduced worldwide in early 2020 and went on to clock up 80,000 authorized users in its first 6 months.”We are building a wellbeing brand name for women because we see that sexual wellness is a major part of overall health and wellbeing. …