Deep Dive: Is Medline the Costco of Healthcare? Inside the Biggest IPO of 2025
Podcast: The RundownPublished On: Sat Dec 20 2025
Description: Medline just pulled off the biggest IPO of 2025, beating out higher-profile names like Circle, Klarna, and Figma despite being a company most people have never heard of. In this episode, we break down how this family-owned medical-supply giant built a massive moat, why its CEO calls it the “Costco of Healthcare,” and the risks investors should be watching.
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