Lab Door

@DavidSpinks I've always thought of LabDoor as a consumer-focused alternative to the FDA. We started with supplements because I believe it's where the FDA is least effective. But once we prove the power of our testing and brand with these products, I've got my eyes on expanding to the rest of the drugstore.

@NeilThanedar Tell us a bit more about the balance of your business model and providing this service.

@BlendahTom LabDoor operates two monetization streams - B2C online retail and B2B data subscriptions. Consumers are our #1 focus, and drive 75% of the revenues. I call our consumer-focused business model "verified commerce". It works because people trust LabDoor and want to support our service.

@NeilThanedar Would love to hear about getting @mcuban on as an investor ...ht @DavidSpinks for that question

@BlendahTom Sure! I first connected with Mark Cuban in 2012 at the Westin in Indianapolis, of all places. I heard on Twitter that he was attending a Shark Tank viewing party there. @tscottcase helped me through two sets of bouncers and introduced me to Mark. I thought I'd get 30 seconds or less to pitch him, but he kept hitting me with questions about the testing methods, data capabilities, etc. After close to an hour of back and forth, he told me to come back to him when my idea was a real business. When I reintroduced him to LabDoor, he quickly committed to leading our first outside round, and recently followed-on his investment.

@DavidSpinks thanks! .. maybe get @helton_souza too