Dr. Reid Waldman: Forbes 30 Under 30 & Dermatology Innovation

Doctors in Business

In this episode, our guest is Dr. Reid Waldman, M.D., Forbes 30 Under 30 Class of 2024, dermatologist, and founder and CEO of Veradermics. With over $40 million raised, Veradermics is looking to change the fact that there has been little to no innovation in dermatology in recent years. Dr. Waldman took a huge risk by jumping from medicine to the startup space. He talks about how he can make a much larger impact on patients’ lives through Veradermics than by being an individual physician. This episode ought to be of interest to anyone interested in becoming a physician entrepreneur and understanding how a medical background can provide an edge in starting and growing a successful business.

Follow us on Twitter @doctorsinbiz to meet more creative doctors!

This episode was hosted and edited by David Park.

Timestamps

(01:16) Background

(02:45) Hacking Dermatology to $40M raised

(04:23) Meeting his lead investor during Series A

(05:10) Why has there been little innovation in dermatology?

(07:07) Physician entrepreneur

(08:42) Taking risks: from medicine to startup

(10:49) Goal of Veradermics

(11:39) Veradermics differentiator

(13:40) Challenges

(14:51) Learning on the job

(19:49) Thought partners