Quick Answer: How Many Employees Does GoodRx Have?

Who is GoodRx owned by?

Silver Lake currently owns 35.3% of GoodRx through its previous private equity investment into the company in 2018.

The additional $100 million in capital will help the fund build up its position as GoodRx enters the public markets..

Is buying IPO a good idea?

IPOs are attractive for investors owing to the underlying belief of buy low and sell high. It is a common belief amongst investors that the stock prices would in most cases increase after an IPO. Thus, the rush to subscribe to quality stocks of companies with sound fundamentals at a reasonable price.

What is the stock symbol for GoodRx?

GDRX(GDRX)

Do pharmacies lose money with GoodRx?

They absolutely lose money with GoodRx which is why most non-chain pharmacies won’t accept it. … GoodRx has a contract with pharmacies so they will use their discount cards instead of insurance or cash pay. The managers of said pharmacies also offer their pharmacists and techs a monetary incentive to do this as well.

Is GoodRx on the stock market?

The coronavirus not only increased demand for telehealth. It allowed companies like GoodRx to grow. When GoodRx (NASDAQ:GDRX) stock debuted in September, its price immediately leaped 60%, peaking at $57 in early October.

Is GoodRx licensed by the FDA?

GoodRx lists virtually all FDA-approved prescription medications, including brand-name and generic drugs; we even list vaccines! GoodRx cards and coupons never expire and can be used as often as necessary. Over 325,000 professionals recommend GoodRx to educate and empower their patients.

Why do pharmacies accept GoodRx?

Well, for some pharmacies, the idea is that by accepting GoodRx a pharmacy will attract more customers to their business, which gives the pharmacy a chance to sell other non-prescription products and potentially earn future business from that customer And so, despite the pharmacy losing money on the individual …

Who is the CEO of GoodRx?

Doug Hirsch (2011–)GoodRx/CEO

Why can GoodRx be so cheap?

It being applied to one’s deductible is absolutely correct Cheap. GoodRx takes huge fees from pharmacies in order to capture the uninsured market AND encourages patients not to use their own insurance so they don’t have to pay the pharmacies. Typically, the pharmacies lose money on these transactions.

Is EquityZen a legitimate company?

Yes, EquityZen is “legit” in the sense that it is a legitimate, regulated business and a legitimate alternative investment oppoortunity for accredited investors. EquityZen is among a growing crop of crowdfunding and online alternative investment platforms, most of which have launched in the wake of the 2012 JOBS Act.

How can I invest in my own stock?

Here are five steps to help you buy your first stock:Select an online stockbroker. The easiest way to buy stocks is through an online stockbroker. … Research the stocks you want to buy. … Decide how many shares to buy. … Choose your stock order type. … Optimize your stock portfolio.

How much is GoodRx worth?

Health-tech start-up GoodRx is in talks to be acquired for at least $1.5 billion, but could fetch as high as $3 billion, according several people familiar.

Can you buy pre IPO stocks?

For the majority of the pre-IPO companies, the only way to sell shares is through a secondary market that facilitates the transaction of private investments. However, regulators have gradually tightened the rules that govern the buying and selling of pre-IPO shares.

Can I invest in SpaceX?

You might be thinking at this stage that there is no way to buy SpaceX stock, and technically it is true that you cannot directly invest in SpaceX. However, Founder’s Fund and DFJ weren’t the only companies to see value in buying a stake in Space Exploration Technologies, Corp.

How does SharesPost make money?

Typically though SharesPost will charge transactions participants a commission based on the size of the transaction and, where a special purpose vehicle is being employed, a management fee to the investors in the vehicle.

How does GoodRx make profit?

GoodRx makes money by selling its technology and ads, as well as through referral fees and a subscription service (its main website and app, with comparative pricing and discounts are free, though). It says it has helped 100 MILLION Americans save more than $10 billion on prescription drugs.