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I have an honest question, what is the end game for Theranos employees. My understanding is the company is a complete fraud but yet if I go on linkedin they sti
by misiti3780 9y ago
I have an honest question, what is the end game for Theranos employees. My understanding is the company is a complete fraud but yet if I go on linkedin they still have 200+ employees working there:
https://www.linkedin.com/search/results/people/?facetCurrentCompany=%5B%2230702%22%5D https://www.linkedin.com/search/results/people/?facetCurrent...
are all of these people going to be fired in the coming months or do investors think this is still a good idea but Holmes isnt going to be apart of it ?
- baldajan 9y agoI think at this point, investors are trying to salvage what ever tech it has, and sell the company. No clue why employees are sticking around, maybe they’re currently looking for another job and it’s a slow drop to zero.
- nikanj 9y agoA mortgage is a mortgage, and a pay check is a pay check.
- meddevthrowaway 9y agoEmployees are looking around. I've interviewed more of them than I can count. At this point most of the good people are gone.
- perl4ever 9y agoIt seems like a long time ago it was publicized they were a complete fraud and I was bewildered as to why they weren't being shut down and/or having people arrested. So I have no idea what's going on except that things may go slower than one expects.
- ballenf 9y agoThere are huge margins in the lab business using traditional techniques after high upfront capital expenses. Maybe they're just fulfilling contracts using traditional testing methods?