$HOSKY
Heating UpSnapshot Window: 2026-07-05 19:20 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
$HIMS CEO ANDREW DUDUM ON WHY HE WANTED TO IPO AND GROW THE COMPANY IN THE PUBLIC MARKETS "You have to have a stomach of steel, but more importantly, the team has to get really good very quickly at both setting quarterly targets and meeting long-term vision." "You have to be [Spoken audio]: I think it was probably the fastest or one of the top few fastest companies from founding to IPO. And, you know, what became obvious to me was the opportunity was was there. The demand was there immediately. The need was was kind of coming through the door. And we needed very quickly to establish the capital resource, the brand resource to go and actually go after this scale of the opportunity. And so for me, going public was, um, an intentional decision to put our team in boot camp, like public markets is brutal, right? And you see it from our stock, it's gone to whatever, 70 to two to 50 to 10. I mean, it's like up and down, like you have to have a stomach of steel. But more importantly, the team has to get really good very quickly at both setting quarterly targets and meeting long-term vision, right? You have to be able to deliver growth and efficiency at the same time. You have to be able to tell the street with confidence we're going to hit these numbers a year out and then you have to hit them or also you lose all trust. And that environment I think is one of the most powerful assets that we've had in the last decade of our company. Like it is just forced rigor, it's forced discipline. And when I step back and this was a really critical part of why I decided to put us in this, this like pressure cooker, when you step back and look at some of the biggest companies in the world that have been built, you know, Google, Microsoft, Meta, Amazon, these companies were public within a few years of being founded. Right, the founders put themselves in the public markets and then had to be forced with both having a long term vision and building a great business. And not saying you can't do this in the private markets, but the public markets make it required. And so I've really, as a competitive person, I've loved that environment. I've loved what it's done to our team. And I think it has prepared us to be able to go after a much bigger opportunity.
