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Chronicles

The story behind the story

days · browse · Enter similar · o open

How AI helped Medvi, a telehealth provider of GLP-1 weight-loss drugs with just two employees, hit $401M in 2025 sales; it's tracking for $1.8B in 2026 sales

Matthew Gallagher took just two months, $20,000 and more than a dozen artificial intelligence tools to get his start-up off the ground.

New York Times Erin Griffith

Discussion

  • @jeffjarvis@mastodon.social Jeff Jarvis on mastodon
    It's just an automated GLP-1 prescription mill — nothing to lionize.  —  How A.I. Helped One Man (and His Brother) Build a $1.8 Billion Company  —  https://www.nytimes.com/...
  • @alexfmac Alex Macdonald on x
    $1b in revenue per employee is the new benchmark.
  • @turnernovak Turner Novak on x
    Wild
  • @nic_carter Nic Carter on x
    first vibecoded billion-dollar company? [image]
  • r/ArtificialInteligence r on reddit
    Perhaps the first 2 person company with $1B in revenue, powered by AI workflows
  • @galligator Matthew Gallagher on x
    Me: grew up in a trailer park, nyt just released an article about my startup going from $0-$1b arr in 14 months with one employee Random guy on X: this is fake and gay This is why I'm not active on social media lol
  • @seamushughes Seamus Hughes on x
    “At this point, I kind of want to hire people because I'm lonely,” he said. https://www.nytimes.com/...
  • @bryce Bryce Roberts on x
    If it sounds too good to be true...
  • @nickadobos Nick Dobos on x
    Of course the 1st billion dollar 1 person company is dropshipping for ozempic lmfao
  • @villi @villi on x
    @anothercohen @pitdesi Yeah, I don't believe any of it. I saw another one yesterday with the same pitch that claimed to have gone to $100M arr in a few weeks.
  • @kyleboas_ Kyle Boas on x
    There's no excuse anymore (other than the money) [image]
  • @anothercohen Alex Cohen on x
    @pitdesi I don't believe this story
  • @pitdesi Sheel Mohnot on x
    cool- but I don't understand it. There are 100s of GLP factories that prescribe GLP's after a few Q's Medvi's flow is particularly bad. I assume margins would have been competed away Hims did $2.35B of revenue with 2k employees. This 2 person co in the space is doing $1.8B?
  • @michaelalbertmd Michael Albert on x
    Who are the physicians enabling this kind of stuff? Does medicine no longer have ethics? https://www.nytimes.com/...
  • @nikillinit Nikhil Krishnan on x
    this story is not about AI making a $1B business, it's about how you can outsource the entire stack of a gray market GLP-1 company [image]
  • @chrissyfarr Christina Farr on x
    There's so many observations here: - This is the “check a box” era of medicine - These companies do not need to raise much VC b/c the development cost is near zero - Pick the prescription, target the user, simplify the process, the equation is simple https://www.nytimes.com/...
  • @gavinpurcell Gavin Purcell on x
    this is your absolutely must read of the day one man (now two) runs a billion dollar GLP-1 retail operation with ai tooling 80m in profits, and 1m donated to cat rescue truly remarkable
  • @altmbr Bryan Altman on x
    So I don't think this can be real. It would make no sense that he'd want to share this data, including that he works with CareValidate as his Telemedicine provider, if this were true. If you really have this secret $3m/day money printing machine, the absolute worst thing you can
  • @synbio1 @synbio1 on x
    When everyone else is building AI-powered picks and shovels, the one guy who wants to actually dig can do $400 million in sales with no employees https://www.nytimes.com/... [image]
  • @katienotopoulos Katie Notopoulos on x
    This story is ostensibly about how effective AI is at running a business, but I think it's probably more about how offering GLP-1s via telehealth is such a gangbusters business you literally can't NOT make money doing it https://www.nytimes.com/...
  • @yrechtman Yoni Rechtman on x
    The question of the 1 person billion dollar company has been firmly snd conclusively answered.
  • @therundownai @therundownai on x
    Sam Altman predicted in 2024 that a one-person billion-dollar company “would have been unimaginable without A.I., and now it will happen.” He just emailed the NYT saying he won a bet with tech CEO friends over when it would arrive, and that he “would like to meet the guy.” The [i…