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ZocDoc Adds Former Senators Bill Frist (R-TN) and Tom Daschle (D-SD), Healthcare Heavyweights, as Advisors

ZocDoc team Nick Ganju (CTO), Cyrus Massoumi (CEO), Netta Samroengraja (CFO) and Oliver Kharraz (COO).

Former U.S. Senators Bill Frist, a doctor and former Senate majority leader, and Tom Daschle, author of Critical: What We Can Do About the Health-Care Crisis and former Senate minority leader, have both joined ZocDoc’s advisory board, the doctor appointment booking startup announced today.

“We very much view both these senators joining our advisory board as sort of welcoming ZocDoc to the party in terms of the healthcare establishment,” ZocDoc CEO Cyrus Massoumi told Betabeat. “We have big plans for how we want to help improve the healthcare system… we’re excited that we’re going to have the ears and the thoughts of people that really have shaped the healthcare system to date and helped to make it better.” Read More

shameless rumormongering

Rumors & Acquisitions: What Happens to Zach Klein’s Cabin Now?

rumormonger

NO FUNDING FOR PRESENTS. Last week, a source told Betabeat that outdoor advertising disruptor ADstruc was running low on its Series A funding and would have to raise another round soon.

Not true, says ADstruc’s John Laramie. “We raised $1.1m on September 27th 2010, which means we would have had to burn $90,000 a month for a team that was just four people as of a month ago to be officially out of money,” he said in an email. “ADstruc isn’t even close to spending that much money on a monthly basis. We couldn’t be more pleased with how and where we have invested our money and the great results we continue to see.” However, Mr. Laramie had promised Betabeat a present. We never got said present. Also, when we asked if this meant ADstruc was not raising a round, Mr. Laramie stopped responding. The company is now up to six people and hiring for three positions. Read More