Sam Parr and Noah Kagan discuss Buyer.co, a service that negotiates your bills with providers and takes a cut of what it saves you. The founder later regretted selling to Ramp too early, wishing he'd had more capital to grow. Sam sees the model working for huge healthcare bills too.
There's this company called Buyer.co and they would negotiate anything on your behalf and take a percentage of the savings. And the company sold to Ramp. The guy who started it, he's like, I sold out too early, but I didn't have any money and it was like a cool way to make money. This could actually be great. I would do like a negotiating as a service and have my health bill be one of the big ones.
And you give them your bills and negotiate and they just take a cut of whatever they save.
Dude, I love those services. I love no-brainer services.
Yeah, it's win-win. Win-win. No one's down.
