What actually happens after you sell a company for $1.1B and never need to work again?

Joe DeVivo is a legendary MedTech CEO who sold InTouch to Teladoc in a $1.1B deal and is now President, CEO, and Chairman of Butterfly Network.

Joe has a very specific reputation in the industry. He steps in when companies get stuck. Often at the moment when a founder-led business needs a different kind of leadership to scale. In this episode, Joe breaks down his turnaround playbook step by step, from how he diagnoses what’s broken, to who stays, who goes, and how focus gets restored.

He also opens up about something that’s rarely talked about. What it really feels like after a massive exit. When the money hits, the anxiety leaves your body, and you realize you never have to work again. What does “post-economic” life actually look like, and why do some people still choose to come back?

We also trace Joe’s path from growing up in a family-run manufacturing business to becoming the CEO boards call in moments of crisis, and why invention and scaling are fundamentally different jobs.

Links

Butterfly Network: https://www.butterflynetwork.com

Dr Mustafa Sultan: ⁠⁠⁠https://www.musty.io⁠

In 2023, Alexandre Lebrun pointed two exits in conversational AI at Medicine. Nabla raised $120M and spread to 130+ orgs and 85,000 clinicians in record time. 

But in the ambient AI game -- it seems like distribution beats all. How will Nabla win?

Links

Nabla: https://www.nabla.com/

Dr Mustafa Sultan: ⁠⁠⁠https://www.musty.io⁠

In 2017, Andrew Parker launched Papa with a 1-800 number, offering 'grandkids-on-demand' in Miami. By 2021, the company was valued at $1.4bn (backed by SoftBank and Tiger Global).

This is a YC-backed gig economy company operating in the regulated elder care market at unicorn scale.

On paper it shouldn't have worked -- and yet it did.

Links

Papa: https://www.papa.com/

Dr Mustafa Sultan: ⁠⁠⁠https://www.musty.io⁠

According to Business Insider, Omada Health has quietly filed its S-1 to prepare for an IPO. Here's how Sean Duffy (CEO & Co-founder) built it.

0:00 Intro

0:17 Signing first customer

1:51 How to have good ideas in healthcare

4:00 Why metabolic health is a hard area to innovate in

5:18 What the MVP product looked like

11:16 Sean's secret tactics

14:55 Operational innovation as a differentiator

20:19 The Omada playbook — is it repeatable?

25:31 What boss moves have you made Sean?

29:37 The difference between good and great

32:29 Sean's best tip on selling in enterprise healthcare

33:35 Sean's advice to himself

Links

Omada Health: https://www.omadahealth.com

Dr Mustafa Sultan: ⁠⁠https://www.musty.io⁠

Dr Aengus Tran is the CEO of Harrison.ai — an Australian radiology AI startup who have raised $160M.

Harrison.ai just released their radiology foundation model, Harrison.rad.1. And it's really good.

0:00 Intro

2:25 I'm glad I didn't found my startup in the US

4:21 Partnering with a clinical operator is key

7:28 Scrappy stories from the early days

11:17 Where human radiologists outperform AI (zero-shot learning)

17:23 Big bets on the future of radiology

21:18 What happens when GPT-8 arrives?

25:29 How can AI reach suprahuman radiology performance?

28:58 What boss moves did you make?

Links

Harrison.ai: ⁠https://harrison.ai⁠

Dr Mustafa Sultan: ⁠https://www.musty.io⁠

Michael Meucci (CEO) transformed Arcadia — formerly a mid-sized consultancy into a healthcare platform with $100M of Annual Recurring Revenue. How?

Lots of smart moves, including becoming really good at enterprise healthcare selling. Here's how he did it.

Links

Arcadia: https://arcadia.io/

Dr Mustafa Sultan: https://www.musty.io/

Dr Elina Berglund is the CEO/Co-founder of Natural Cycles, which she has grown to 2M users. When every other app seemed to be free — she made a brave decision: She charged her users a monthly fee. And it worked...

0:57 - The Birth of Natural Cycles

Links

Natural Cycles: https://www.naturalcycles.com/

Dr Mustafa Sultan: https://www.musty.io/

Konstantin started Kaia Health after paying $50,000 to cure his back pain at an elite pain rehab centre. It worked. But it seemed stupid. Why did this need to cost $50,000?

Kaia Health has since raised $125M and helped 625,000 users.

0:00 The 90 second story

1:22 How did he grow 20% every week?

2:15 Market timing is everything

7:43 We never put pressure on this making any money

10:51 How does an app cure back pain?

14:43 US vs Germany for digital health entrepreneurs

16:40 Go to market of Kaia Health

19:51 Why raise so much money?

24:57 The hero license

Links

Kaia Health: https://kaiahealth.com/

Dr Mustafa Sultan: https://www.musty.io/

Jon Ronson is one of the most interesting people alive today — period.

0:00 Jon's pitch for the Psychopath Test

1:41 Jon's story

6:00 Strategies Jon used to bypass career gatekeepers

7:03 Would Jon Ronson be on Substack/podcasting

12:05 Does Jon Ronson pay attention to analytics? Post mortems

16:26 Startup philosophy applied to storytelling

19:08 Writing Advice from Tim Ferriss: Jon's opinion on doing interesting things to write better

24:59 Does Jon Ronson like being famous?

28:49 Analysis of 'The Psychopath Test' pitch to Ira Glass

37:30 Should you make decision based on what would be a good story

38:48 Jon Ronson's habits for creative success

Max Parmentier is the CEO of Birdie, a Series B AgeTech startup who have raised $52M from the likes of Sofina, Omers Ventures and Index Ventures — and captured 10% of the UK market whilst currently scaling into Europe.

0:00 Intro

2:37 Shopify vs Amazon model in AgeTech

7:26 Product pivots: D2C never wins

11:56 Predictive AI AgeTech

13:58 I pitch an idea to Max

19:34 Lessons building Birdie

24:13 Leaving money on the table for purpose

Links

Birdie: https://www.birdie.care/

Dr Mustafa Sultan: https://www.musty.io/