3 ms·

Lilly loses billions in mkt. cap after ‘verified’ impostor promises free insulin

14 points by consumer451 4y ago

consumer451 4y ago
Lots of folks are laughing at this whole debacle, but I find it really depressing. Elon worked on such great things. He seemed like such a clear thinker just a few years ago. And say what you will about Calacanis, but as an outsider, I at least feel like I have learned a lot of inside baseball from that guy.
- DHPersonal 4y ago
  Is Jason really on the inside? His text messages to and behavior around Musk make him seem rather desperate for inclusion, as if he wasn’t yet “in”.
  - consumer451 4y ago
    I have watched TWiST for years. He stopped doing the the live show with Molly Wood right after the take over. She mentioned him getting "called up" to Twitter in one solo episode. This WaPo article[0] claims his internal title at Twitter is somehow software engineer. He has been talking about product ideas forever. > He’s not CEO, but Musk has kept Calacanis around as part of the transition and his title is listed internally as a software engineer. On Monday, Calacanis tweeted that he was in New York to meet with advertisers on behalf of Twitter. [0] https://www.washingtonpost.com/technology/2022/11/06/elon-musk-inner-circle/ https://www.washingtonpost.com/technology/2022/11/06/elon-mu...
    - Overtonwindow 4y ago
      Bruh. You just reminded me how much I really miss Buzz out Loud. I burned out on Laporte and other tech podcasting BS, but Molly and co are just awesome.
dang 4y ago
Fake account and $8 blue checkmark wipe $20B off Eli Lilly's market cap - https://news.ycombinator.com/item?id=33568165 https://news.ycombinator.com/item?id=33568165 - Nov 2022 (64 comments)
encryptluks2 4y ago
All I can say if this is true then good. However, whoever did it hopefully lives in a country far far away or has the best lawyer in human history because Eli Lilly basically has an obligation to go after them hard... Like real hard.
Overtonwindow 4y ago
Is it fair to say that maybe it’s not Eli lily who wants to charge exorbitant rates for insulin, but rather Eli Lillys investors? If Eli Lilly had said that “insulin prices will be going up significantly” would that have lead to their stock price going up?

14 points by consumer451 4y ago

Lots of folks are laughing at this whole debacle, but I find it really depressing. Elon worked on such great things. He seemed like such a clear thinker just a few years ago. And say what you will about Calacanis, but as an outsider, I at least feel like I have learned a lot of inside baseball from that guy.

DHPersonal 4y ago
Is Jason really on the inside? His text messages to and behavior around Musk make him seem rather desperate for inclusion, as if he wasn’t yet “in”.
- consumer451 4y ago
  I have watched TWiST for years. He stopped doing the the live show with Molly Wood right after the take over. She mentioned him getting "called up" to Twitter in one solo episode. This WaPo article[0] claims his internal title at Twitter is somehow software engineer. He has been talking about product ideas forever. > He’s not CEO, but Musk has kept Calacanis around as part of the transition and his title is listed internally as a software engineer. On Monday, Calacanis tweeted that he was in New York to meet with advertisers on behalf of Twitter. [0] https://www.washingtonpost.com/technology/2022/11/06/elon-musk-inner-circle/ https://www.washingtonpost.com/technology/2022/11/06/elon-mu...
  - Overtonwindow 4y ago
    Bruh. You just reminded me how much I really miss Buzz out Loud. I burned out on Laporte and other tech podcasting BS, but Molly and co are just awesome.

dang 4y ago

Fake account and $8 blue checkmark wipe $20B off Eli Lilly's market cap - https://news.ycombinator.com/item?id=33568165 https://news.ycombinator.com/item?id=33568165 - Nov 2022 (64 comments)

encryptluks2 4y ago

All I can say if this is true then good. However, whoever did it hopefully lives in a country far far away or has the best lawyer in human history because Eli Lilly basically has an obligation to go after them hard... Like real hard.

Overtonwindow 4y ago

Is it fair to say that maybe it’s not Eli lily who wants to charge exorbitant rates for insulin, but rather Eli Lillys investors? If Eli Lilly had said that “insulin prices will be going up significantly” would that have lead to their stock price going up?