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Do you think it's easier for people to raise money in the blood testing space now after this very high profile fraud? I've heard people say that it makes things
by hooande 5y ago
Do you think it's easier for people to raise money in the blood testing space now after this very high profile fraud? I've heard people say that it makes things much more difficult.
Also, Holmes's lies sucked up a ton of funding at the time. Not just the money given to her, but the investors who said "theranos already dominates blood testing, so we'll invest in another space"
This was a disaster all around for everyone but her.
- neom 5y ago>This was a disaster all around for everyone but her. I don't know how you can say that, some of the trial evidence was heart breaking. Some of the emails, the texts back and forth between her and Sunny, what a mess, it sounded like she was totally losing her mind and stressed out to no end while being pushed and cajole by an unreasonably intense person behind the scenes. She was clearly devastated when the company collapsed, she very clearly believed in what she was doing, and now she is going to jail. That sound like beyond a disaster, it sounds like hell.
- hooande 5y agoShe clearly believed in what? The vision of low cost, multi function blood testing? Maybe she did, but she made almost no progress toward that goal. All while accepting credit for having already accomplished it. Not to mention that she's been living the lifestyle of a multi millionaire the whole time. She's a human being and it is a sad situation. But this is justice.
- abyssiana 5y agoRead the comments. Nobody cares how she feels now. Everybody cares only about their own opinion they have the need to express. For her it’s all devastating, for resonable people too, for majority of shitty people the main thing ia to grow in their own eyes while barking at someone else.