4 ms·

I got some blood testing machines I'd love to sell you.

• nyc8821227 10y ago
  I laughed out loud when I read this
• toomuchtodo 10y ago
  While driving home this evening listening to NPR's Marketplace, Kai Ryssdal specifically mentioned that Forbes removed Elizabeth Holems from their list of richest self-made women. Her stake in Theranos is now valued at $0 [1]. Capitalism giveth, and capitalism taketh away. [1] https://news.fastcompany.com/elizabeth-holmess-net-worth-is-now-nothing-according-to-forbes-4008949 https://news.fastcompany.com/elizabeth-holmess-net-worth-is-...
  • cft 10y ago
    According to this article her net worth is $400m. That's still a lot of money.
    • toomuchtodo 10y ago
      http://money.cnn.com/2016/06/01/technology/elizabeth-holmes-theranos-forbes/ http://money.cnn.com/2016/06/01/technology/elizabeth-holmes-... > Forbes said it has reexamined and revised Theranos' $9 billion valuation in light of recent investigations and allegations against the company. > Citing conversations with venture capitalists and analysts, Forbes estimates that the company is actually worth a great deal less: $800 million. That takes into account its intellectual property and financing, according to Forbes' Matthew Herper. > Holmes' 50% stake in the company would effectively be worth nothing at that valuation, Forbes concludes, because her investors would be paid back first (they hold preferred stock, not common stock like Holmes).
  • hkmurakami 10y ago
    It's hard to believe that she didn't take some money off the table during the frothy fundraising years of yesteryear.