101. Christmas Bonus: Dr. Ali Parsa - The rise and fall of Babylon Health
Description
Ali Parsa founded Babylon Health, which he grew to a $4.1bn equity valuation in 2021 before it entered Chapter 7 bankruptcy liquidation in 2023. Tune in to hear this amazing story, including Ali’s thoughts on: How has your backstory, escaping Iran in the 80s, informed your approach to entrepreneurship? (2:20 ) How have you managed to fundraise so successfully? (3:21 ) What advice do you have for others who are fundraising? (8:01 ) How did you scale revenues so quickly?(11:24 ) How did you break into the right distribution channels? (15:12 ) How do you identify the right person at partner organisations? (16:18 ) Was launching in the UK rather than US a mistake? (20:40 ) How did you decide which markets to go after? (25:06 ) What can board members do to encourage better cross-functional collaboration? (28:24 ) What value did you get from investor-directors? (31:13 ) What lessons did you learn through bankruptcy? (35:44 ) ⚡The Lightning Round ⚡(38:39 )
Host: Oliver Cummings
Producer: Will Felton
Music: Kate Mac
Audio: Nick Kold
Email: podcast@nurole.com
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom