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☆ Inside the struggles at Calibrate, a new kind of weight-loss startup that's facing a mountain of patient complaints and refunds
▼ + stars: | 2023-09-05 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +19 min

Weight-loss startup Calibrate has struggled to get patients access to buzzy drugs like Ozempic. Kenyon's startup Calibrate, which she launched in June 2020, is one of the healthcare companies feeding the frenzy. CalibrateThe company is now running up against several massive challenges: Weight-loss drugs are expensive and in short supply, and health insurers are increasingly reluctant to pay for them. Kenyon said about 20% of Calibrate members do not have coverage for weight-loss medications, and around half of those people request refunds from Calibrate. Want to tell us about your experience with Calibrate or weight-loss drugs?

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☆ Private venture-capital returns from one of the largest endowments reveal Union Square Ventures has been wildly successful. Sequoia and Y Combinator have lost money so far.
▼ + stars: | 2023-01-23 | by ( Ben Bergman | ) www.businessinsider.com time to read: +6 min

USV's 2004 fund returned more than $305 million in cash from a $22 million UTIMCO investment, with an IRR of 66%. Thrive Capital, the venture firm Joshua Kushner founded in 2009, has delivered -34% IRR on two funds from late 2021. UTIMCO's $6.7 million invested has been marked down to $4.6 million. Two funds UTIMCO invested in the VC firm Initialized at the beginning of 2022 have a -5.5% IRR. Upfront Ventures, the most prominent early-stage firm in Los Angeles, has returned only $31 million though UTIMCO invested $110 million since 2015.

☆ A day in the life of a 20-year-old Gen Z venture capitalist in London's bustling startup scene
▼ + stars: | 2022-11-16 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

But he said older VCs he's interacted with mostly tend to disagree and stick to emails when interacting with founders. Nathwani strayed into venture capital after finishing his A-Levels, as it looked like a good way to marry his interests in social impact and investing. He spoke with a few investors and a founder as part of his job as a summer associate at Social Impact Capital. He spent most of the morning working on an impact report for Social Impact Capital. 2:30 p.m.Nathwani used some time after lunch to do more work for Social Impact Capital and wade through his 30,000 unread emails.

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