26 Apr 16
Originally posted by FishHead111She is definitely a hottie. My guess is that the establishment doesn't like her bypassing them.
Or is she the victim of Big Medical interests that are out to get her?
http://www.nytimes.com/2016/04/25/business/theranoss-fate-rests-with-afounder-who-answers-only-to-herself.html?_r=0
I thought there was something fishy about her from the start.
26 Apr 16
Originally posted by normbenignShe only finished her freshman year of college, barely knows more than a high school grad, and she claims she developed a revolutionary technology in a field that requires an advanced engineering degree and usually a PhD in biomed technology.
She is definitely a hottie. My guess is that the establishment doesn't like her bypassing them.
Now it turns out all her claims were smoke and mirrors and her 9 billion dollar company is going down like another Enron.
Can't wait for the movie to come out.
Her voice alone is cause for concern, and she never answers a straightforward question in her interviews, she tap dances around them with a lot of doubletalk.
She's going to prison. .
26 Apr 16
Originally posted by FishHead111What people "know" based on formal government school education is highly overrated.
She only finished her freshman year of college, barely knows more than a high school grad, and she claims she developed a revolutionary technology in a field that requires an advanced engineering degree and usually a PhD in biomed technology.
Now it turns out all her claims were smoke and mirrors and her 9 billion dollar company is going down like an ...[text shortened]... her interviews, she tap dances around them with a lot of doubletalk.
She's going to prison. .
If it was a fraud, it was a good enough one to raise billions of $ in investor capital.
I often wonder, when a big hit goes down in flames, if it isn't the powerful and jealous competitors who bring it down.
26 Apr 16
Originally posted by normbenignGoogle it you'll find that the tests on Theranos equipment were way off when they finally allowed side by side testing.
What people "know" based on formal government school education is highly overrated.
If it was a fraud, it was a good enough one to raise billions of $ in investor capital.
I often wonder, when a big hit goes down in flames, if it isn't the powerful and jealous competitors who bring it down.
Holmes was a money person, glib and fast talking, got a lot of investors, but she didn't develop squat, others did that, and it didn't work.
She's now worried about criminal charges for financial and medical fraud.
Her 9 billion dollar company ain't worth a nickle now.
Also ex Theranos employees have nothing good to say about her slave driver management style. She is not popular with people that have worked for her.
I think she may be a little nuts, in her interviews she comes across as being weird.
26 Apr 16
Originally posted by FishHead111I'm only responding to what you wrote. I have no first hand knowledge, and no real interest.
Google it you'll find that the tests on Theranos equipment were way off when they finally allowed side by side testing.
Holmes was a money person, glib and fast talking, got a lot of investors, but she didn't develop squat, others did that, and it didn't work.
She's now worried about criminal charges for financial and medical fraud.
Her 9 billion d ...[text shortened]... for her.
I think she may be a little nuts, in her interviews she comes across as being weird.
26 Apr 16
Originally posted by normbenignIt does put into question the supposed brilliance of investors you so espouse. Could it be that people with a lot of money are not, in fact, generally very smart and/or clever but just ordinary people who for the most part don't really know what they are doing and send their money to dodgy people with glib stories like the CEO in the OP (allegedly), Bernie Madoff, Enron, Parmalat, Donald Trump, etc. etc. etc.
If it was a fraud, it was a good enough one to raise billions of $ in investor capital.
26 Apr 16
Originally posted by KazetNagorraIt does put into question the supposed brilliance of investors you so espouse.
It does put into question the supposed brilliance of investors you so espouse. Could it be that people with a lot of money are not, in fact, generally very smart and/or clever but just ordinary people who for the most part don't really know what they are doing and send their money to dodgy people with glib stories like the CEO in the OP (allegedly), Bernie Madoff, Enron, Parmalat, Donald Trump, etc. etc. etc.
No, I never said that all investors are brilliant. Some are, and they usually prosper. Other investors, buy and sell assbackwards, and regularly account for losses in markets.
And then there are shysters, probably some of them in your Euro paradise.