4 ms·
it's incredible that Walgreen, a public co., not doing DD for a non-proven, non-peer-reviewed medical diagnostic co, with a possibility of very bad PR. i would
by jerryhuang100 11y ago
it's incredible that Walgreen, a public co., not doing DD for a non-proven, non-peer-reviewed medical diagnostic co, with a possibility of very bad PR. i would guess (simply speculation) there are some external factors, made Walgreen to skip that. that's probably the whole point for the politicians on Theranos' board, along with the DC connections (& Enron?) from EH's dad. and these 'external factors' also played same tricks for the other PE funding rounds. so here we go a criminal investigation is under going.
- Alex3917 11y agoIt's not like they do due diligence on any of the medication, supplements, or medical devices they sell, so why would you expect it for medical tests?
- jerryhuang100 11y agoW put $50,000,000.00 in EH's T without doing due diligence. Normal people would even take a second look at the bowl before flushing the toilet.
- mc32 11y agoThis device made some pretty extraordinary claims no one else was making. That alone should require some inquiries. It's as if Intel would tell Dell or Amazon or Google, hey, we've got s new processor using our secret new core and next gen x2 photolithography that we can deliver twice the flops at half the power of our current processors. Book your orders now minimum Oder is one million units. And Amazon Google and Dell pass on any testing. But instead of it being Intel it was some new outfit.