🔥 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-d...

Podcast Links
YouTube: @bigpicturemedicine
Apple: https://podcasts.apple.com/gb/podcast...
Spotify: https://open.spotify.com/show/5707RPm...

People
Dr Imran Mahmud: https://www.imranmahmud.com/
Dr Adam Bataineh: Twitter: DrAdamBat / https://numenor.health
Dr Mustafa Sultan: https://www.musty.io/