Stephen Malik was a tech entrepreneur in RTP before it was cool to be a startup founder. Malik launched Medfusion in 2000 and went on to raise $2.2M in VC funding in 2007. Medfusion was acquired in 2010 by Intuit for $91M in cash. You don't have to be a math wizard to see that, not only did he build a company with very little cash, but that he also generated significant value for his investors in very little time. We can all learn from that. The company grew to 109 employees by 2010. That summer, Intuit came calling. In case you didn't attend the first interview (w/ one of the founders of Mint.com), this is the same time at which Intuit acquired Miint.com as well. At acquisition, Medfusion was being used by 30,000 healthcare providers and its products helped patients communicate with their providers to schedule appointments, pay bills, request prescription refills, complete medical forms, review lab results and clinical summaries, receive reminders and exchange secure messages for related care and administrative issues. Following the acquisition, Malik went on to lead Intuit Health for 3 years. Recently, Malik has re-acquired Medfusion from Intuit and plans to grow the business here in NC. He is also a Limited Partner in several venture funds and has been active in the angel investing community. On January 22 we will chat with him about his journey and get his thoughts on trends in the industry (health and tech). Come join us .... We are also working with a local brewery and will have some great brew and food for you all.
|Agenda||6:00||Networking and Food|
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