Wei D.
About Wei D.
Wei Deng is the founder and CEO of Clipboard Health, a healthcare talent marketplace valued at $1.3 billion, and has a background in law and investment banking.
Wei Deng, CEO of Clipboard Health
Wei Deng is the founder and CEO of Clipboard Health, a series C startup backed by Sequoia Capital, currently valued at $1.3 billion. Clipboard Health is a healthcare talent marketplace that connects healthcare professionals with employment opportunities. Deng's vision led to the transformation of the company from a financial business to its current model, addressing employment needs in the healthcare sector.
Wei Deng's Career Path
Wei Deng started her career as a lawyer at Davis Polk & Wardwell, one of the nation's prestigious law firms. She then transitioned into investment banking, taking up the role of Associate at Moelis & Company. Her subsequent move was into the startup ecosystem, where she served as a Product Manager and Business Operations specialist at Sendwave, a remittance startup targeting the African diaspora. Deng's role at Sendwave included significant responsibilities such as opening the UK and European corridor, which contributed to the company's acquisition for $500 million.
Education and Early Career of Wei Deng
Wei Deng holds degrees from Yale College and Yale Law School, providing her with a strong foundation for her diverse career. Her legal education facilitated her initial entry into the legal profession at Davis Polk & Wardwell. The analytical and strategic skills honed during this period were transferable to her later roles in investment banking at Moelis & Company and business operations at Sendwave.
Wei Deng's Role in Sendwave's Expansion
Wei Deng played a pivotal role in Sendwave's expansion into new markets. As one of the company's first hires outside of engineering, she was responsible for opening the UK and European corridors. This strategic move was instrumental in increasing Sendwave's market reach and value, leading up to its acquisition for $500 million. Deng's contributions in this role showcased her ability to drive growth and navigate complex operational challenges.
Why Wei Deng Founded Clipboard Health
The inception of Clipboard Health stemmed from Wei Deng's insights into the job market. During her experiences, she learned that people who were unemployed or underemployed sought job opportunities rather than financial aid. This realization led to the pivot of Clipboard Health from a financial business to a healthcare talent marketplace. Deng explained her motivations and journey in starting Clipboard Health during a conversation with podcaster George Quraishi from Artifact.