4 ms·

Briefly more valuable than the ford motor company. SPACs were borderline criminal enterprises, though this one was outright criminal.

• kjs3 2y ago
  And yet...just watch all the people who will think because they raised $700m that they're a success to be emulated. People still fervently defend Elizabeth Holmes.
  • miztrskinnr 2y ago
    They achieved the tallest of orders; made line go up!
    • kjs3 2y ago
      Well, yes, there was a product that never worked, and conviction + prison sentencing for fraud, and the bankruptcy, and out of work workers and shafted suppliers...but we shouldn't let that detract from the positive!
  • stickfigure 2y ago
    > People still fervently defend Elizabeth Holmes. Dozens!