Pit Janssen of MedApp on Bootstrapping, Hidden Funding, How to Win in an Old Industry, Exiting to a Listed Company, and Parenting Tactics for Nurturing Killer Entrepreneurs

Founder Radio
21/05/2024 52 min Episodio 11
Pit Janssen of MedApp on Bootstrapping, Hidden Funding, How to Win in an Old Industry, Exiting to a Listed Company, and Parenting Tactics for Nurturing Killer Entrepreneurs

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Episode Synopsis


Want to know how successful founders turn ideas into empires? Listen to Founder Radio for inside stories from innovative entrepreneurs from all over the globe. Hit follow on your podcast app or YouTube for instant updates!Pit Janssen of MedApp has exited his prescription medicine adherence and delivery company to the biggest, stock exchange listed, EUR 2.0bn market cap online pharmacy company in Europe. MedApp launched as a medication adherence app, and rolled out an integrated pharmacy with a delivery function in 2020. They bootstrapped the company with a students loans and IT consultancy work until 2017, at which point angels came in. After raising money from Tablomonto Ventures, M3 Ventures and Health Innovations, they were acquired by Shop Apotheke Europe (ETR: RDC) in 2021.Listen to this episode for lots of insights onInnovation in the pharmacy businessHow oldschool pharma fought backHow to bootstrap your companyFinding hidden funding (!)The importance of a great co-founderWhat to look for in a co-founderHow to exit your business to a multinationalHow life changed for Pit and this team after the acquisitionPit’s background, drive and valuesParenting tactics for nurturing killer entrepreneursEnjoy listening!Press follow in your podcast app or on Youtube to get new Founder Radio episodes in your feed automatically.

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