The fall of Babylon: failed tele-health startup once valued at $2B goes bankrupt(techcrunch.com)
techcrunch.com
The fall of Babylon: failed tele-health startup once valued at $2B goes bankrupt
https://techcrunch.com/2023/08/31/the-fall-of-babylon-failed-tele-health-startup-once-valued-at-nearly-2b-goes-bankrupt-and-sold-for-parts/
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Yet another SPAC scam that has bitten the dust.
People forget that VC is a (tiny) segment of the PE business, an approach that is entirely extractive.