C'mon, everyone can come up with amazing things if they don't actually have to get them to work. For example,I’ll give her credit for the seed of a good idea
C'mon, everyone can come up with amazing things if they don't actually have to get them to work. For example,I’ll give her credit for the seed of a good idea
It is kind of amazing how far she was able to get before it all blew up. She isn't the first and won't be the last. Reminds me of some real estate/construction people I dealt with in the 90s. Great salesman and believable and did just enough to get peoples money before those that hired them discovered what frauds they were. All in all, it eventually catches up to them.I mean - they did put them in a bunch of Walgreens and people were getting wild blood results. I’ll give her credit for the seed of a good idea - We Work was an absolute farce.
There are most likely bigger scams going on right now.
You have to wonder about the tenor of the conversations at the Holmes dinner table.Well, daddy was a VP at Enron, so this stuff must run in the family.
You have to wonder about the tenor of the conversations at the Holmes dinner table.
Wow, that was a hell of a line, sincerely.I dare say she's veering into rushchairman territory.
That’s a lot of cabbage in restitution. I haven’t followed the specifics, but do she and Sonny have that kind of money squirreled away?Looks like my future ex-wife is off to prison (again) while awaiting her appeal. Anyone who's read Bad Blood should want nothing put pain and misery brought upon her head.
Court orders Theranos founder Elizabeth Holmes to go to prison
Holmes was also ordered to pay $452m to the victims of the blood testing scandal.www.bbc.com
That’s a lot of cabbage in restitution. I haven’t followed the specifics, but do she and Sonny have that kind of money squirreled away?
That’s a lot of cabbage in restitution. I haven’t followed the specifics, but do she and Sonny have that kind of money squirreled away?
She played some smart people for fools. I wouldn’t know if this would be exculpatory, but “a fool and his money are soon parted” has a familiar ringToo bad they won't go after the people who propped her up for so long.
She played some smart people for fools. I wouldn’t know if this would be exculpatory, but “a fool and his money are soon parted” has a familiar ring
Especially in this situation.It is amazing some of the names of the "investment gurus" that pop up around some of the greatest scams, and how oversight suddenly disappears.
There were red flags galore and the Theranos board ignored them, participated in an effort to discredit the whistleblowers. If someone in the company tells you that something is too good to be true, you best listen.Weren’t they scammed too?
There is just something about Silicon Valley that makes people think they’re doing God’s work; it’s bonkers. A friend of mine is in the tech industry and a Stanford grad and kept telling me how great blockchain technology is and how it’s the future. I still don’t get it - it’s an entirely subjective, speculative device that is simply too volatile to function as anything more than an easily accessible stock. That accessibility and volatility is why everyone is trying to get rich off of it.
In terms of FTX, SBF losing means CZ and his Chinese backed Binance market wins - maybe that’s a good thing, who knows? But, he’s against crypto regulation and probably the guy who outed FTX (his sell off of FTX issued FTT tokens was the first red flag for FTX - then the ‘leak’ - most likely by CZ - showing FTX was using customer funds improperly was the dagger). Any company set up in the Bahamas - like FTX - is up to no good. Extra cash? Buy art.
That would be interesting. At what point in Holmes’ life did she realize that manipulating people was her superpower? It’s amazing that she got away with this for so long.So what's it going to be, a Tarantino movie starring Jennifer Lawrence or Margot Robbie in her life story!?
Read it when it came out. Used to see her on the cover of Inc Magazine and read the articles way back before everything blew up. Could it be that she genuinely didn't get into it to just swindle people, everybody invested in her and her idea but then we they realized Theranos couldn't pull it off but had all this money and couldn't stop the snowball effect that they created? Tried to solve the problems themselves instead of seeking help. Turned the place into a toxic environment so the failed information didn't get out and the VCs would keep funding. Idk, maybe she did start off to just swindle people since she was from a pretty wealthy family from the D.C. suburbs. Anyway, they are criminal and should be held accountable. The saddest part is the one guy, Ian Gibbons, lost his life because of their criminal activity.I've mentioned it here before, but the book Bad Blood is extremely well researched and well written. It is fascinating how next level her powers of manipulation were. She literally turned George Schultz against his own grandson.
So what's it going to be, a Tarantino movie starring Jennifer Lawrence or Margot Robbie in her life story!?
Looks like my future ex-wife is off to prison (again) while awaiting her appeal. Anyone who's read Bad Blood should want nothing put pain and misery brought upon her head.
Court orders Theranos founder Elizabeth Holmes to go to prison
Holmes was also ordered to pay $452m to the victims of the blood testing scandal.www.bbc.com
She’s about to be the cellblock candy.