Forward
15 statements across 1 episodes · 2 bullish · 4 bearish · 1 people on the record · first statement Nov 22, 2024 by Adrian Aoun · across every show →
Everything said about Forward, oldest first
Nov 22, 2024 positive
Aoun: Spinning Forward's CarePod assets into a seed startup is viable
“And so I think if you took those care pods, if somebody wanted to go buy those assets, maybe me or somebody else and spin that into a new company, that's not what I'm working on right now to be clear. But if you did, I actually think that would be a good idea.…”
Nov 22, 2024
Nov 22, 2024 negative
Nov 22, 2024 neutral
Nov 22, 2024 bullish
Aoun: Routing routine care to automated pods is highly scalable
“A doctor fundamentally doesn't need to be dealing with like your colds, your rash, your flu, your normal checkup. Like you should save the doctors for the most important complex things. And if you kind of detach them from the doctor's office where you start wi…”
Nov 22, 2024 neutral
Aoun: Vertically integrated startups cannot easily cut burn through layoffs
“If you're in a vertically integrated business like us, like employees are a cost. Don't get me wrong, but they're not 80% of your cost, right? They're 30 or 40% at best. And so, you know, we have everything from leases to AWS contracts to you name it, and we c…”
Nov 22, 2024 neutral
Aoun: Concierge medicine ($15k–$40k/year) should not be venture backed
“I think that you can kind of bifurcate the market and you can say,
You can say, Hey, I want to go super expensive, 15, 20, 30, 40,000 dollars a year per person.
Don't venture back it.
and say, I'm going to build a nice, like slow growth, reasonable business.
…”
Nov 22, 2024 bearish
Aoun: Physical healthcare clinics are not a venture-backable business model
“And frankly, what we learned is you can make clinics like a reasonable business. They're not really a venture backable business is what we found. These are not like, this is not, you're not going to go find a tech company building clinics everywhere everywhere…”
Nov 22, 2024
Aoun: Continuing to lead people after hope is lost is unethical
“When you're asking investors, when you're asking customers, when you're asking employees to follow you and believe in you, The second you don't believe that you have a chance of success, you're being unethical and having all these people follow you.”
Nov 22, 2024
Nov 22, 2024
Nov 22, 2024 negative
Aoun: I would have quit Forward rather than run a zombie company
“If you had told me to just sit in that company, I would have quit that company. Like, there's no way I wanted to sit in a company where I already don't believe in the future, but I've somehow managed to get it to continue for in perpetuity.”
Nov 22, 2024
Aoun started his next company immediately due to investor demand
“Tuesday morning after this all happened, I said, I'm taking a break. And by Wednesday morning, because the investors said they want to come in and the employees said they want to come in. I said, I'm starting a company like without, and not only am I starting …”
Nov 22, 2024
Nov 22, 2024 bearish
Aoun: Purely virtual healthcare companies like Teladoc will not succeed
“All these virtual care companies that took off during, call it, you know, 21 during COVID all those Teladocs of the world, I said, they aren't going to be able to succeed in the long run. Because fundamentally, healthcare is physical, right? Like, you can't de…”