Question of the Day (Women's History Month): What is the first company to go public led by two female co-founders?
Answer: FIGS is a medical apparel company led by Heather Hasson and Trina Spear
- Do you think it’s easier to start a company alone or with a co-founder as FIGS did?
- When a company “goes public” they sell their stock to the public and get listed on the stock exchange. Why do you think this is such a big event for the employees and the company?
- If you were to start a company, what would you look for in a co-founder?
Behind the numbers (Fortune):
Hasson, 39, and Spear, 37, founded FIGS in 2013 aiming to disrupt the $12 billion U.S. medical apparel market. The cofounders and co-CEOs observed a problem in the field: the responsibility for purchasing uniforms for health care workers—from home health aides to dental hygienists to physicians—had largely shifted from the institution to the individual, with 85% of employees buying their own scrubs. But scrubs were still sold at physical retailers, often, the cofounders say, in a "strip mall far from the hospital."