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Theranos Kills 4.5 (or 9?) Unicorns...

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  1. #1

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    Theranos Kills 4.5 (or 9?) Unicorns...

    On a side note 4.5 unicorns died recently.

    Forbes just cut its estimate of Theranos CEO Elizabeth Holmes’s net worth from $4.5 billion to zero — Quartz

    {Split from a thread discussing FinTech and Unicorns (companies with over 1B USD in valuation)}

    Last edited by shri; 02-06-2016 at 08:06 AM.

  2. #2

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    It's a shame if Theranos' product doesn't work. At least they were aiming for something beneficial to society and not just another app to make fart sounds

  3. #3

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    Quote Originally Posted by Rob2020:
    It's a shame if Theranos' product doesn't work. At least they were aiming for something beneficial to society and not just another app to make fart sounds
    It's a shame for all the people scared shitless for no reason because Theranos produced false blood test results because of negligence.

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  5. #5

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    Guilty on 4 Counts (out of 11)

    shri likes this.

  6. #6

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    There's a few videos that give some background on YouTube (I hadn't paid attention to the rise and fall of Theranos, have seen my fair share of BS overhyped biotech-type inventions, figured it was another one of those, guess I wasn't wrong). I listened to this one:

    https://www.youtube.com/watch?v=to2GSibbrv0


  7. #7

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    One of the whistle blower is living in Hong Kong (or was)


  8. #8

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    Quote Originally Posted by Plutark:
    One of the whistle blower is living in Hong Kong (or was)
    don't blame her, her dad ran Enron. it proves deception runs in her blood. did she develop a test for that

  9. #9

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    Quote Originally Posted by Plutark:
    One of the whistle blower is living in Hong Kong (or was)
    I think Erika is still around ...

  10. #10

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    Quote Originally Posted by shri:
    I think Erika is still around ...
    yeah, wasn't sure since I left the startup world, but with the amount of people leaving I am more conservative.