The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Oscar Health: How to Deal with a 94% Decline in Market Cap, "Why I Stood Aside as CEO" and The Rebound Journey to $5.8BN in Revenue with Mario Schlosser, Co-Founder @ Oscar Health

Apr 5, 2024
Mario Schlosser, Co-Founder of Oscar Health, shares insights on coping with a 94% market decline and rebounding to $5.8BN revenue. Topics include mental resilience, stepping aside as CEO, and navigating challenges in the healthcare and business sectors.
01:09:43

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Entrepreneurial success can be influenced by intrinsic motivation and childhood experiences.
  • Effective leadership transitions require embracing new roles and communication skills.

Deep dives

Oscar Health's Rollercoaster Journey to Rebound

Oscar Health faced a tumultuous time in the markets following their public debut with a market cap of $7.1 billion, witnessing a 94% drop in stock price. Despite the challenges, the company has managed to bounce back with a current market cap of $3.2 billion and a projected revenue of $5.8 billion for 2023.

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