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From everything I've read and watched on Theranos they were committing major fraud. It's hard to blame investors where the company itself is creating false test
by lancesells 7y ago
From everything I've read and watched on Theranos they were committing major fraud. It's hard to blame investors where the company itself is creating false test results during meetings. As far as I can tell it's way worse than WeWork.
- TeMPOraL 7y agoSomebody explain uBeam to me then. They're just a regular startup that everyone with high school-level knowledge of physics knows is bullshit, and yet they're still around.
- Trevor908 7y agoThey fired just about everyone and are gliding along until their money runs out, hoping for a miracle. (And so that the executives can keep paying themselves healthy salaries, undoubtedly.)
- jacquesm 7y agoInvestors should never rely on the target for such info. And if a company refuses DD then you just walk.