Ep 397 Inside 23andMe's $400 Million Acquisition of Lemonaid Health with Paul Johnson

Built to Sell Radio

EpisodeJul 7, 20231h 14m

Ep 397 Inside 23andMe's $400 Million Acquisition of Lemonaid Health with Paul Johnson

Built to Sell Radio

EpisodeJul 7, 20231h 14m

In 2013, Paul Johnson founded Lemonaid Health, one of the first digital healthcare platforms designed to offer virtual medical consultations and prescription services online. While the company got off to a slow start, the pandemic accelerated the adoption of online healthcare. By the end of 2021, Lemonaid had agreed to be acquired by the DNA testing outfit 23andMe, for $400 million of cash and stock.

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Built to Sell Radio is a weekly podcast for business owners interested in selling a business. Each week, we ask an entrepreneur who has recently sold a business why they decided to sell their business, what they did right and what mistakes they made through the process of exiting their business. Built to Sell Radio is the ultimate insider's guide to approaching the most important financial transaction of your life.

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