My doctor wants me to pay a yearly subscription fee—and that’s increasingly common

At the beginning of this year, I received an email from my doctor, who informed me her practice would be switching to a membership model. “I have found myself at a crossroads—to either continue practicing high-volume medicine or evolve my practice to deliver more personalized medical care via the concierge model,” she wrote in the announcement email. Concierge health is a type of practice that promises patients more time with their doctor and more comprehensive healthcare. My doctor wrote that she would see fewer patients more consistently under the new arrangement. To get in, I would have to pay a yearly fee of $1,850 in addition to my health insurance. The pandemic has put an incredible strain on primary care doctors. Approximately 16,000 physician practices closed because of COVID-19, according to a survey from Physicians Foundation Read More …

Watch a popular bag maker roast Amazon for ripping off its design in this clever video

For years, merchants on Amazon have accused the company of ripping off their ideas and selling much cheaper versions under the Amazon Basics brand, but no one’s made the case quite like Peak Design. In a new YouTube video , the San Francisco-based bag designer points out the many similarities between its popular camera bag and Amazon’s, both of which are called the Everyday Sling. They have similar shapes, aesthetics, and pockets, and even their logos are in the same place. A key difference, though, is that Peak Design’s sling starts at $55 , while Amazon’s version currently sells for $21. The video then pretends to look in on the “crack team at the Amazon Basics department,” wearing googly-eye glasses and marveling at Peak Design’s sales before resolving to “Basic this bad boy.” Amazon Basics straight up ripped off the @peakdesignltd Everyday Sling (they even stole the product name). I know Basics does this all the time, but this is basically a carbon copy (minus quality). https://t.co/pGJmBZYn6C — Justin Duino (@jaduino) March 3, 2021 Of course, the two bags are not exactly the same. In the video, Peak Design calls out the areas where Amazon’s version falls short—plastic buckles instead of aluminum, cheaper zippers, floppy dividers—while also pointing to its own bag’s recycled materials, lifetime warranty, carbon neutrality, and “fairly paid factory workers.” “If you’re tired of supporting companies who innovate, and just not willing to pay for responsibly made products, don’t,” the video says, warning that “you’ll get exactly what you pay for.” Peak Design is the latest in a long line of product makers who say Amazon has copied their products and undercut them on price. As Bloomberg reported in 2016 , a company called Rain Design said sales of its popular laptop stand slipped after Amazon started selling a look-alike at about half the cost. In a 2019 interview with Fast Company , the shoe maker Allbirds accused Amazon of copying its Wool Runner shoe, but without the same sustainable design practices . A Wall Street Journal report last year also documented how Amazon would use data from third-party vendors to track popular items and launch its own versions. Those included a car-trunk organizer similar to one sold by a small startup called Fortem, and an office chair seat cushion from a company called Upper Echelon Products. Amazon had previously told Congress that it didn’t track data from third-party sellers when deciding which products to make under the Amazon Basics brand. Regulators have started to step in. Read More …

How interoperability could end Facebook’s death grip on social media

Reining in the power of big tech companies, including major social networks, is an idea with growing bipartisan support in Washington. Much of the debate so far has revolved around the idea of breaking up companies such as Facebook to limit their reach and influence. But such “structural remedies” require a difficult and costly court battle, and history shows that they can take a decade or more to play out. Based on comments during last week’s tech antitrust hearing in the House Judiciary Committee, it now seems possible that a more surgical approach will ultimately win the day. If one factor explains the competition problem in social media, it’s  network effects . The more members a social network onboards, the more valuable the platform becomes. After all, when all your friends and family are already on Facebook, you may feel the need to become a member in order to stay in the loop. And you might also end up spending far less time on other networks. This makes a tough road for all those Facebook alternatives out there. If past judgements such as U.S. v. Microsoft are a guide, U.S. courts don’t smile on big companies that get a competitive advantage simply by being big. One way to mitigate Facebook’s network effects would be to make it less (socially) costly for people to stay on smaller, competitive networks. That’s why the concepts of portability and interoperability are so important. Data portability proponents say that just as your phone number is portable when you switch from one carrier to another, your social identity and social content should be portable if you want to move to another competing social network. They also say that just as it’s easy for an AT&T Wireless customer to call a T-Mobile customer–because the networks are interoperable–social network users should be able to share content across networks. For example, it should be easy for a Facebook user to share social content with a friend on LinkedIn. Plenty of precedent These aren’t new concepts. As a way of giving new cellular carriers a fighting chance, the Federal Communications Commission in 1996 mandated that consumers be able to take their phone number with them from a wireline carrier to a wireless carrier, or vice versa Read More …

Online pharmacy Ro is now vaccinating seniors at home

Ro, an online pharmacy that got its start prescribing sexual health products, is now offering to vaccinate seniors at home in New York. The company is working with the New York Department of Health as well as local organizations on the effort. Seniors in Yonkers will be able to schedule an appointment through Ro’s website. Multiple people at a single location can schedule their appointments together, though all patients will have to prove they are older than 65 Read More …

Humans before hype: This investing method would make VC more inclusive

The question I find myself asking founders the most often is a simple one: “Why are you the right person to solve this problem?” One of the least inspiring (but increasingly common) responses I hear is “I’m really excited for the entrepreneurial journey and I see an opportunity here.” That’s valid. Some incredibly talented people are motivated more by the thrill of the build than by solving a specific problem. And there are plenty of investors who, inspired by their momentum, are eager to get on board. Sometimes I’m one of them. But I also know firsthand that one shouldn’t always trust and follow the hype. There was a time in the early days of TaskRabbit, the company I founded, when we were doing fewer than a hundred tasks a day, yet getting heaps of national press. Even as Diane Sawyer ran a feature on us, we were assigning jobs to our staff members because we hadn’t yet automated our Tasker onboarding processes. It’s not at all uncommon for a company that’s generating lots of press and social mentions to not yet have the numbers to back up the buzz—and that’s a necessary part of building momentum. But with overhyped companies, it’s often the case that this momentum-building isn’t meaningful to the long-term success of the company. A huge press hit, big name investor, or vanity metric milestone can belie what’s really going on at a startup. To me, what’s much more interesting than following the hype is discovering the founder who becomes obsessed with solving a specific problem because she has a personal connection to it. Caribu founder Maxeme “Max” Tuchman is a great example of this (full disclosure: Fuel Capital invested in the company’s most recent round). This Miami-based Latina founder, who has a background in education, became obsessed with finding a solution to help traveling parents read bedtime stories with their kids back home. That idea grew into a dedicated video calling app that hundreds of thousands of parents and grandparents now use to engage and connect with their kids and grandkids—a bright spot during a global pandemic Read More …