• Tying Health Care Investment to Performance

    12 days ago - By THCB

    By BRIAN KLEPPER and JEFFREY HOGAN
    GoodRx's planned initial public offering recently made the news, notable because the company, launched in 2011, has been profitable since 2016. Evidently, it's become unfashionable for investors to demand proof of performance, so GoodRx's results shone like a beacon. By contrast, most health care firms seeking funding convey bold aspirations and earnest promises. Investors throw in with them and hope for the best.
    But few new entrants seem to do the necessary advanced due diligence to assess exactly where and how their product, service or innovation...
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