17 - Death of a Healthcare Unicorn | New Federal Tax and SEC Rules | Gender Clinic Struggles to Provide Care

In episode 17, we will be discussing various topics including the recent developments in Truepill, a startup that handles the shipment of prescription drugs for online pharmacies like Hims, Mark Cuban's Cost Plus Drugs, and GoodRx. According to a recent filing from Prime Unicorn Index, Truepill has authorized a significant reduction of over 90% in the price of some of its shares compared to their peak in 2021. Additionally, the escalating labor costs, rising interest rates, and impending federal staffing minimums are causing an increasing number of nursing homes and senior living operators to file for bankruptcy. Moreover, the introduction of a new 1% tax on stock buybacks is leading to a rise in companies' projected tax burdens, amounting to over $3.5 billion in the first half of the year among major U.S. public companies.------