Dr. Reid Waldman: Forbes 30 Under 30 & Dermatology Innovation

Doctors in Business

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4M ago 21:24

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In this episode, our guest is Dr. Reid Waldman, M.D., Forbes 30 Under 30 Class of 2024, dermatologist, and founder and CEO of Veradermics. With over $40 million raised, Veradermics is looking to change the fact that there has been little to no innovation in dermatology in recent years. Dr. Waldman took a huge risk by jumping from medicine to the startup space. He talks about how he can make a much larger impact on patients’ lives through Veradermics than by being an individual physician. This episode ought to be of interest to anyone interested in becoming a physician entrepreneur and understanding how a medical background can provide an edge in starting and growing a successful business.

This episode was hosted and edited by David Park.

Timestamps

(01:16) Background

(02:45) Hacking Dermatology to $40M raised

(04:23) Meeting his lead investor during Series A

(05:10) Why has there been little innovation in dermatology?

(07:07) Physician entrepreneur

(08:42) Taking risks: from medicine to startup

(10:49) Goal of Veradermics

(11:39) Veradermics differentiator

(13:40) Challenges

(14:51) Learning on the job

(19:49) Thought partners

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