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Shaan missed a chance to invest in Flo, the health app that now has 60 million users and $192 million in annual revenue. A friend emailed him about it years ago. He never responded, and passed up a stake in what became a billion-dollar company.
Shaan missed a chance to invest in Flo, the health app that now has 60 million users and $192 million in annual revenue. A friend emailed him about it years ago. He never responded, and passed up a stake in what became a billion-dollar company.
Flo is one of the biggest success stories in consumer startups today. $192 million in ARR with 60 million active users, and it's been the fastest growing health app for 4 years. And I'm like, $192 million in ARR? Why does this app sound familiar? I go back and look at my email and I see that I could have invested in this thing years ago had I just replied to this email from my friend. What valuation? I don't know what it was back then because I didn't even reply to ask. Whatever it was, I should have done it because obviously the thing has been growing so fast that it's become a billion-dollar company and it's done really, really well.
