This Next Billion-Dollar Startup Raised $110 Million To Treat A Deadly Disease Virtually
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Forbes
4.8 • 6 Ratings
🗓️ 29 August 2024
⏱️ 25 minutes
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| 0:00.0 | Hi everyone. I'm Maggie McGrath editor of Forbes Women. The 10th annual list of |
| 0:08.4 | the Forbes Next Billion Dollar Startups is out now and on this list is a health care company aiming to help |
| 0:15.8 | patients with eating disorders. That company is called equip and we are joined |
| 0:20.8 | by their two co-founders today, |
| 0:22.9 | Christina Safran and Dr. Aaron Parks. |
| 0:26.1 | Thank you both so much for being here. |
| 0:29.1 | Thanks for having us. |
| 0:31.1 | Now, there's a study from Harvard that indicates that eating disorders and the unpaid |
| 0:36.5 | caregiving, the loss productivity and the treatments add up to a $65 billion economic cost every year. But Christina, your experience with |
| 0:46.6 | eating disorders and the eating disorder industry, if I may, is very personal. You've |
| 0:51.1 | joked that you've been in eating disorders all your life. Can you kind of explain what that means and how you got to this role? |
| 0:58.0 | Yeah. So I was diagnosed with anorexia at 10 years old which is young but unfortunately not that rare we treat five year olds here at a clip. |
| 1:07.0 | I talk about the fact that I had a whole lot of |
| 1:13.7 | privilege, good insurance, family that could afford to pay the lots of money out of pocket and |
| 1:16.5 | perhaps most notably I fit that stereotype of what we think eating disorders look like. |
| 1:22.8 | They actually don't have a look, they don't discriminate, |
| 1:24.6 | they affect everybody. |
| 1:25.7 | But even with all that privilege, |
| 1:27.2 | I had a pretty horrific treatment experience, |
| 1:29.7 | which is really the norm for folks with eating disorders. |
| 1:32.2 | So I spent my entire freshman year of high school, |
| 1:34.9 | not in high school, in and out of four different hospitals |
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