Watsi's Chase Adam at Startup School NY 2014: Revolutionizing Healthcare Crowdfunding

Timestamped Summary

• 💰
  00:00

  Chase Adams founded Watsi, a healthcare crowdfunding platform that allows anyone to donate as little as $5 to fund medical care for people in need.
• 💸
  02:42

  Non-profit healthcare funding can save lives and improve economic outcomes for individuals and communities.
• 🚀
  05:05

  Watsi was founded by volunteers who prioritized transparency and direct funding for medical care, and miraculously found a developer at a beach party to join their team.
• 💰
  08:03

  Watsi struggled to fundraise for medical treatments until a viral post on Hacker News, but faced challenges with broken operations and a need for more patients on their website.
• 💰
  11:59

  Non-profits struggle to raise funds, but winning a Huffington Post competition led to Watsi joining YC and learning to focus on one metric.
• 💼
  16:37

  Startups face challenges but can succeed with hard work and perseverance, while setting an arbitrary closing date can help raise donations quickly.
• 🚀
  18:32

  Watsi prioritizes building a strong culture and mission over rapid growth, resulting in a highly efficient and impactful team.
• 💼
  21:21

  Watsi faces challenges in balancing patient needs and investing in the future, but their efforts to provide healthcare to everyone are worth it.