🔥 News: The Rise and Demise of Babylon Health

0:00 Intro

0:18 Ali Parsa's Immigrant Story

1:57 Picking a Problem That Was Too Big

4:15 The Supply Induced Demand Problem

5:55 The Unit Economics Problem

7:37 The Misaligned Incentives Problem

10:11 The Friction Problem

12:06 The First Mover Disadvantage

13:30 Raising Too Much Money

14:55 The SPAC Problem

17:40 The Pig With Lipstick Problem

22:07 Should Founders be Liberal with the Truth?

26:06 What Will the Next Health Unicorn Be?

Articles Mentioned

Babylon shareholders wiped out in restructuring deal: https://www.ft.com/content/ce42bcb7-d9ee-4667-910a-b6c7a419449b

Podcast Links

YouTube: https://www.youtube.com/@bigpicturemedicineApple: https://podcasts.apple.com/gb/podcast/big-picture-medicine/id1500446262

Spotify: https://open.spotify.com/show/5707RPmWOJkVZyUHNRSUfS?si=96c7fff6bccb456a

People

Dr Imran Mahmud: https://www.imranmahmud.com/

Dr Adam Bataineh: https://twitter.com/DrAdamBat / https://numenor.health

Dr Mustafa Sultan: https://www.musty.io/