5 ms·
Ugh Finally. More than just the financial fraud, these folks engaged in behavior that actively endangered the public. I hope this isn't the end of the governme
by bane 9y ago
Ugh Finally.
More than just the financial fraud, these folks engaged in behavior that actively endangered the public. I hope this isn't the end of the government actions against them.
Her public behavior was exceptionally bizarre and almost none of what's been revealed comes as any real surprise. For timeline purposes:
Dec 24, 2017 - They get $100m lifeline investment
https://www.wsj.com/articles/blood-testing-firm-theranos-gets-100-million-lifeline-from-fortress-1514057523 https://www.wsj.com/articles/blood-testing-firm-theranos-get...
June 21, 2017 - Walgreens settlement
https://www.wsj.com/articles/theranos-walgreens-reach-deal-to-settle-lawsuit-1498037580 https://www.wsj.com/articles/theranos-walgreens-reach-deal-t...
May 30, 2017 - Crisis on the Board
https://www.wsj.com/articles/court-documents-shed-light-on-theranos-boards-response-to-crisis-1496136600 https://www.wsj.com/articles/court-documents-shed-light-on-t...
April 21, 2017 - Caught using outside lab gear to fake tests
https://www.wsj.com/articles/theranos-secretly-bought-outside-lab-gear-ran-fake-tests-court-filings-1492794470 https://www.wsj.com/articles/theranos-secretly-bought-outsid...
April 5, 2017 - Holmes found to owe $25m to her own startup
https://news.ycombinator.com/item?id=14047457 https://news.ycombinator.com/item?id=14047457
Jan 19, 2017 - Closes last lab after failing inspection
https://news.ycombinator.com/item?id=13433840 https://news.ycombinator.com/item?id=13433840
Jan 17, 2017 - second lab fails inspection
https://www.wsj.com/articles/second-theranos-lab-failed-u-s-inspection-1484708428 https://www.wsj.com/articles/second-theranos-lab-failed-u-s-...
Jan 6, 2017 - Lays off 41% of workforce
https://news.ycombinator.com/item?id=13338996 https://news.ycombinator.com/item?id=13338996
Nov 17, 2016 - Whistleblower comes out
https://www.kqed.org/futureofyou/283681/theranos-whistleblower-was-george-shultz-grandson-wsj https://www.kqed.org/futureofyou/283681/theranos-whistleblow...
July 8, 2016 - Banned from operating a lab for 2 years
https://news.ycombinator.com/item?id=12053721 https://news.ycombinator.com/item?id=12053721
Jan 27, 2016 - Letter from the feds
https://news.ycombinator.com/item?id=10983747 https://news.ycombinator.com/item?id=10983747
Dec 20, 2015 - Some skepticism
https://news.ycombinator.com/item?id=10765562 https://news.ycombinator.com/item?id=10765562
Oct 16, 2015 - Struggles with tech
https://www.wsj.com/articles/theranos-has-struggled-with-blood-tests-1444881901 https://www.wsj.com/articles/theranos-has-struggled-with-blo...
- swyx 9y agogreat list. thank you
- asah 9y agopls reorder in time-sequence typo: $25 ==> $25mm
- bane 9y agogreat catch. Appreciate the note. Fixed.
- Nanite 9y agoAnd not to forget this tragic story, the suicide of one of Theranos's chief scientists: https://www.telegraph.co.uk/technology/2016/10/22/british-head-scientist-at-us-mavericks-silicon-valley-start-up-t/ https://www.telegraph.co.uk/technology/2016/10/22/british-he...