Episode

Rob Leclerc - Why Hims is the ultimate VC-style 10X opportunity in the stock market

Podcast
Hims House
Published
Sep 15, 2025
Duration seconds
3274
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https://podcasters.spotify.com/pod/show/jonathan-stern1/episodes/Rob-Leclerc---Why-Hims-is-the-ultimate-VC-style-10X-opportunity-in-the-stock-market-e3egqlf
Audio
https://anchor.fm/s/10e9c0874/podcast/play/114894959/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-1-2%2F417288044-44100-2-a8982188d4ab8e43.mp3
JSON
/v1/public/podcasts/hims-house-7026583/episodes/rob-leclerc-why-hims-is-the-ultimate-vc-style-10x-opportunity-in-the-stock-market
Markdown
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Summary

In Episode 46 of Hims House, Jonathan Stern and Patrick Lester (Bayside) sit down with Rob Leclerc, founder of AgFunder and one of TIME Magazine’s Top 100 VCs. Rob explains why he believes Hims is a category-defining company -- comparing it to Nvidia in 2016 -- and weighs in on the company’s high-profile engineering/AI hires from Cruise. The discussion covers Rob’s own experience as a Hims customer, Hims’ push into AI and tech leadership, the ZAVA acquisition and global expansion, and emerging frontiers like testosterone, diagnostics, and wearables. They also dig into public-market pressures, regulatory challenges, and how Hims might stack new S-curves to fuel growth over the next decade. 00:00 Intro 01:15 Rob’s background + AgFunder 02:21 Why Hims? 03:37 Rob as a Hims customer 06:55 Ex-Cruise tech leadership 11:04 AI, robotics & safety mindset 16:46 Is AI a bubble? 21:41 Core growth slowdown 27:45 Acquisition of ZAVA: how to evaluate 28:56 The $1B raise 31:17 Diagnostics, wearables, & home testing 35:12 Emerging healthcare trends 39:10 Regulation and patents 44:37 Public markets 50:27 Valuation Get full access to Hims House at himshouse.substack.com/subscribe