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Even more, Theranos should be a case study for investors. People in the industry were calling out Theranos' nonsense for many years before the whole thing final
by atq2119 8y ago
Even more, Theranos should be a case study for investors. People in the industry were calling out Theranos' nonsense for many years before the whole thing finally collapsed.
I'd really like to know if investors were just oblivious or if they genuinely believed that Holmes could fake it until she made it.
- zaidf 8y agoPeople in the industry were calling out Theranos' nonsense for many years People in the industry enabled Theranos. You don’t make deals with Walgreens and Safeway without people in the industry backing you. Of course, there were fair number of doubters. But when the likes of Mayo Clinic lend their name to anything from Theranos, it’s safe to say an important part of the industry backed it.
- raverbashing 8y agoGiven most of them have f.you money and no interest in thinking about those pesky details like physics and chemistry (hello ubeam) I doubt they will worry about this for more than 5 minutes.
- mcguire 8y agoEh, they were shorts, pushing their negative spin. /s