Thomas Tull
Updated · 1 episodes · 1 show · 1 source notes
Overview
Thomas Tull is an investor in FIGS whose role is described in FIGS: Trina Spear and Heather Hasson. The $2.5 Billion Scrubs Brand That Investors Said Would Never Work. The episode credits him with investing in the seed and Series A rounds and later consolidating the company’s outside investor base.
Current Profile
Within the wiki’s bounded evidence, Tull is important less as a general biography than as a governance counterparty. The founders say his 2017 transaction bought out other investors, added capital, and left Heather Hasson and Trina Spear holding two of three board seats, preserving founder operating control during rapid growth.
Key Characteristics
- He backed FIGS before its later revenue scale and public listing.
- His 2017 transaction combined secondary investor consolidation with additional company capital.
- The resulting board structure retained a founder majority.
Evidence
- Early investment: FIGS: Trina Spear and Heather Hasson. The $2.5 Billion Scrubs Brand That Investors Said Would Never Work identifies Tull as a seed and Series A investor.
- Investor consolidation: FIGS: Trina Spear and Heather Hasson. The $2.5 Billion Scrubs Brand That Investors Said Would Never Work says he bought out the other investors in 2017 and supplied additional capital.
- Founder governance: FIGS: Trina Spear and Heather Hasson. The $2.5 Billion Scrubs Brand That Investors Said Would Never Work says the founders retained two of the company’s three board seats under that structure.
Qualifications
The source does not provide transaction documents, investment amounts, security terms, board-reserved matters, or Tull’s own account. The page therefore makes no broader claim about his investing record or the complete practical distribution of power at FIGS.
What Changed
- Added Thomas Tull as the investor associated with FIGS’s concentrated, founder-majority board structure.
Relationships
- FIGS - company in which he invested.
- Heather Hasson - co-founder whose board control the source says was preserved.
- Trina Spear - co-founder whose board control the source says was preserved.
- Founder Control - governance outcome attributed to the investment structure.
- Startup Governance - broader framework for assessing board seats and investor concentration.
Sources
1 source notes across 1 show
- FIGS: Trina Spear and Heather Hasson. The $2.5 Billion Scrubs Brand That Investors Said Would Never Work How I Built This with Guy Raz