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The Startup Delivering Adderall

Slate Daily Feed

Slate

Society & Culture, Business, News

3.91.1K Ratings

🗓️ 20 March 2022

⏱️ 16 minutes

🧾️ Download transcript

Summary

In just two years, the mental-health startup Cerebral has grown to operate in 50 states, registered more than 200,000 patients, and reached a $4.8 billion valuation. Has it prioritized growth over patient care?


Guest: Caleb Melby


Host: Lizzie O'Leary


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

In this past December, Bloomberg News reporter Caleb Melby found himself watching some TikToks.

0:09.2

Unbox my cerebral package with me. Your meds come straight to your door. The process is stress-free and simple.

0:18.2

They were from the company Cerebral, an online mental health care startup.

0:22.7

The one that I remember the most is the one where a woman literally dances with a box of

0:29.2

pills.

0:29.7

My cerebral package with me.

0:32.0

Your meds come straight to your door.

0:34.6

Melby and his co-author, Pollymazins watched a lot of cerebral videos.

0:39.7

Here are 10 natural remedies for anxiety. Some of them were fairly generic mental health affirmations,

0:45.2

but others advertised how easily medication for anxiety, depression, and ADHD could come right

0:51.6

to your door. The ads were eye-popping, for sure.

0:56.2

It made us ask what's going on here, and we decided to start calling around the company.

1:02.8

They talked to employees and former employees, a lot of whom were nurses.

1:07.2

Some of those early calls, it was like one of those conversations where it's, I was wondering when I was going to get this call.

1:14.5

And that's when we knew that we might be on to something interesting.

1:20.6

Wow. That's a reporter's dream.

1:23.3

Yes. Yeah, it is.

1:30.1

What Caleb and Polly found was a company that promised to fill holes in America's fragile mental health care network,

1:36.3

but instead followed the Silicon Valley playbook, moving fast and growing at all costs,

1:42.3

and prescribing controlled drugs like Adderall and Xanax, over the internet.

1:47.9

Today on the show, what happens when the internet and mental health care collide?

1:52.7

I'm Lizzie O'Leary, and you're listening to What Next TBD, a show about technology, power, and how the future will be determined.

...

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