206. Rishi Shah

Forbes - - PROMOTION -

$3.6 billion  * self-made score: source: Health care Me­dia age: 31 res­i­dence: chicago dropout, north­west­ern Shah started what would be­come Out­come Health as a 20-year-old stu­dent at North­west­ern, drop­ping out a year later to pur­sue the idea. Out­come claims it pro­vides 231,000 health care pro­fes­sion­als with tablets and screens with spe­cial­ized ads and con­tent for their of­fices and wait­ing rooms. It raised more than $500 mil­lion at a $5.6 billion val­u­a­tion in May. Sources told Forbes that cus­tomers aren’t happy; Pfizer got a full $4 mil­lion re­fund for one ad cam­paign. Out­come in­sists that it pro­vides “mean­ing­ful re­turns” and that the ma­jor­ity of its cus­tomers re­new their deals. Still, it re­cently laid off dozens of em­ploy­ees, even as it an­nounced plans to hire 2,000 more staffers.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.