Pod Insights Odd Lots Introducing IVF Disrupted: The Kindbody Story About this episode Kindbody, one of the largest fertility companies in the US, sought to disrupt egg freezing and IVF by combining spa vibes with Silicon Valley efficiency. The startup raised millions, opened dozens of clinics, and became a billion-dollar unicorn. But its ambition came with consequences. In IVF Disrupted: The Kindbody Story, reporter Jackie Davalos takes listeners beyond Kindbody’s millennial-friendly waiting rooms and into the clinics themselves, showing the sometimes-heartbreaking consequences of bringing the “move fast and break things” mentality to the business of creating life. Visit Bloomberg.com/ivfdistrupted to learn more. See omnystudio.com/listener for privacy information.
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0:16 Speaker 01 This is the Bloomberg Tech Minute brought to you by ChatGPT. I'm Carol Muster. Getting hired at SpaceX requires exceptional ability and may include having Elon Musk review a candidate's resume. So writes Bloomberg Business Week's Lauren Grush. She reports that the company culture is defined by Musk and job candidates must understand that a commitment to SpaceX means adhering to this culture and exhibiting loyalty to Elon Musk. To get hired, candidates must demonstrate their achievements from past jobs and hands-on experience matters more to recruiters than advanced degrees, with the company looking for people with raw innate intelligence. A spokesperson for SpaceX didn't respond to a request for comment on its recruiting and hiring practices.
0:59 Speaker 01 But according to recruiters, advisors and those who've interviewed for jobs there, it's the space exploration dream that draws people to the company. And Musk invokes that dream regularly to remind workers why they're there. Prospective hires are told that the job will require stamina, including in job ads that candidates quote, "must be willing to work extended hours and weekends as needed." One major perk for all that hard work? Employees' access to equity, either the right to buy shares or payment in the form of restricted stock units that vest over time. That's the Bloomberg Tech Minute brought to you by ChatGPT. Get started at chatgpt.com.
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2:49 Speaker 04 I started trying to get pregnant about four years ago now.
2:53 Speaker 05 We were getting a little bit older and a little bit older, and it just kind of felt like that opportunity to have kids, the window could be closing.
3:00 Speaker 06 The women who walked through the clinic's doors had a common reason. Introducing KindBody, a new generation of women's health and fertility care. KindBody promised to revolutionize fertility care. We believe that going to the doctor should feel like a visit with a trusted friend.
3:17 Speaker 07 My coworker, we were walking past the KindBody, and she said, "Oh, my God, they're supposed to be really amazing."
3:24 Speaker 06 Backed by millions in venture capital and private equity, it grew like a tech startup. While KindBody did help women start families, it also left behind a stream of disillusioned and angry patients.
3:36 Speaker 04 You think you're finally with the right people in the right hands, and then to find out again that you're just not.
3:43 Speaker 06 For two years, I've investigated what happens when Silicon Valley's style disruption meets one of medicine's most intimate procedures. Bloomberg and iHeart Podcasts present IVF Disrupted: The KindBody Story. We'll tell you about KindBody's rocketship trajectory through one of healthcare's fastest-growing and least-regulated fields, and the patients who feel like they've paid the price.
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4:10 Speaker 06 Don't be fooled by what?
4:11 Speaker 01 All the [BLEEP] we were fooled by. All the bright and shiny.
4:16 Speaker 06 Listen to IVF Disrupted: The KindBody Story on the iHeart Radio app, Apple Podcasts, or wherever you get your podcasts.
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