A swamp company.
If the company hadn’t been headed by an attractive young woman while everyone cheered the feminist icon, it would have been challenged and shut down far sooner.
Elizabeth Holmes was one very strange lady.
James Mattis was a strong supporter of Theranos as was Henry Kissinger.
Theranos’ Board of Directors at various times included
Henry Kissinger, George Schultz, William Perry, David Boies, Sam Nunn
I am very curious to know how all these political grandees all were brought on board, and also to note how incompetent or non-existent was their oversight.
A book was written about this company and the young woman who deceived everyone. “Bad Blood” by John Carreyrou is an excellent expose on the subject. I read it. Recommend if interested in this stuff.
I hope the pussy pass does not work for her.
I haven’t heard about this at all. What’s the deal?
It caused a huge rift in the Schultz family.
“Had to happen sooner or later. “
indeed. now if they can just get a conviction of Elizabeth Holmes, the sociopathic conwoman Steve Jobs wannabe, and put her in prison for a minimum of 20 years, planet Earth will spin on its axis just a itty bitty bit smoother for just a while longer ...
Most of the folks who invested in her were high net worth before the Theranos crack up.
The estimated value of the company hit $10 billion in 2014, so that must have been an Olympic Gold Medal con job!
It was amazing the penetration that the Theranos myth had. I recall going for a routing physical blood workup a couple of years ago and having the technician speak so positively about what was coming from them. Just a drop of blood instead of several tubes, the potential cost savings from materials and labor were huge!
As I understand it from afar, there was a nugget of actual technology behind this but it was never able to be upscaled into actual use.
REASON: Is there is anything to her vision of a cheap, protable, incredibly comprehensive, non-invasive blood testing .. .
CARREYOU: If she had been able to pull off, the company had been able to pull off what she claimed . . . it would have been an advance . . .
REASON: It’s a very appealing vision
CARREYOU: Right, it’s a logical one if the underlying technology exists and works . . . it never did at Theranos.