The fall of Babylon: failed tele-health startup once valued at $2B goes bankrupt Posted by rntn on Thursday August 31, 2023 @10:37AM from the techcrunch.com dept. 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/ ( 4 comments | on HN )
People forget that VC is a (tiny) segment of the PE business, an approach that is entirely extractive.