Babylon Was Going to Transform Alberta Health Care. Now It’s Bankrupt | The Tyee

The UCP went all in on the app supporting virtual doctor visits in 2020.

The Tyee
The Fall of Babylon Is a Warning for AI Unicorns

When it went public in 2021, Babylon Health was valued at over $4 billion. Now it has declared bankruptcy. Insiders say it could never live up to its hype.

WIRED UK
Hugh Harvey on X

Babylon Health collapsed last night. I used to work there - it was my first industry job in healthtech 7 years ago. I left after 12 months, frustrated, disillusioned and wanting to do healthtech properly. What went wrong?... https://t.co/WvSZnOEeau

X (formerly Twitter)
Bye Bye Babylon

Overhyped by Hancock...and by me

Rory’s Always On Newsletter
Babylon shareholders wiped out as healthtech agrees to delist | Sifted

18 months after floating, the British startup will be taken private after failing to fill cash shortfall

Sifted

I think the right word is 'Ouch' here. Not enough plaster in the building to cover this wound for investors.

I will be curious to see the fallout effects of this on the appetite for investment in the healthtech space. Bad, bad burns.

https://sifted.eu/articles/babylon-shareholders-stakes-wiped-news

#startup #babylonhealth #delisting #wipeout

Babylon shareholders wiped out as healthtech agrees to delist | Sifted

18 months after floating, the British startup will be taken private after failing to fill cash shortfall

Sifted