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Forbes Revises Estimated Net Worth of Theranos Founder from $4.5bn to $0
- anotherhacker 10y ago“Trying to displace low-cost lab tests is just such a tough area.” "Disruptive innovation" fail.
- BinaryIdiot 10y agoI had no idea she owned common shares. Is that typical for founders? I thought founders always had preferred but I'm not exactly experienced in this area. Curious where Theranos goes from here. They have recalled much of their testing results as inaccurate and the entire PR disaster could have been cleaned up with a simple technology demonstration which seems to indicate to me that it simply doesn't work. So can they pull a rabbit out of a hat and make it work, will they pivot or will they ultimately close up shop? Such an interesting story. I feel almost guilty watching it unfold waiting for the next part of the story.
- aficiomaquinas 10y agoI made a Photoshop mockup of the "Zero to One" book: "$4.5 B to Zero" by Elizabeth Holmes. https://twitter.com/aficiomaquinas/status/738079483081547777 https://twitter.com/aficiomaquinas/status/738079483081547777
- BinaryIdiot 10y agoHa that's clever