Founder Interview Video
How Febo Health Reached 14,000 App Downloads and Closed a $106K SAFE Round at a $4M Valuation (Interview with Chairman and Founder Nicholas Focil)
Chapters
- 0:00Introduction: Nick Focil and Febo Health
- 0:27No Revenue: Entirely Funded for Growth
- 0:54SAFE Round: $106K at $4M Valuation
- 1:41Funding the Company Through FOMAT Medical Research
- 2:40Balancing the Agency and the SaaS Product
- 3:26Agency Investment Estimated at $500K to $750K
- 8:19One in Three Americans Live With a Chronic Condition
- 10:30Anonymous and Encrypted: Solving the Privacy Problem
- 11:4614,000 Downloads and the News Feed Flagship Tool
- 14:56Path to Monetization: 100,000 User Threshold
- 15:46Paid Advertising Launched February 1, 2022
- 17:10Cap Table Breakdown: Founder, Agency, ESOP, Investors
- 17:39Famous Five: Books, Sleep, and Lessons Learned