Not able to view the articles. Anti adblocker?
How Theranos Misled Me
41–50 of 89 posts
Re: How Theranos Misled Me
#42Hard to not have a lot of doubt in much of what Theranos has claimed to accomplish. Far too much shroud of secrecy to seem legitimate. Every article that comes up about it reeks of something not being quite right.
I don't disagree, however if you're going after a very well funded and entrenched opponent (BigMed/BigPharma) then playing your cards close to the vest is warranted. That said, when you're back is up against the wall you need to walk the walk. Medical testing is probably not a business where you can "Fake it 'til you make it."
Re: How Theranos Misled Me
#43Not able to view the articles. Anti adblocker?
Yes, Fortune has been updating their json to attack ad blockers.
Re: How Theranos Misled Me
#44These are warning signs I look for.
- politically linked / celebrity types
Eg: https://www.theranos.com/leadership David Boies Boies served as Special Trial Counsel for the United States Department of Justice in its antitrust suit against Microsoft
Henry A. Kissinger
Gary Roughead Gary Roughead is a retired United States Navy admiral who served as the 29th Chief of Naval Operations.
Seems more like a list of country club members who have dinner parties together.
Re: How Theranos Misled Me
#45I did not know much about Theranos before the recent skeptical articles started to appear on newspapers regarding the falseness of their claims. The larger question is, how do you get to a $9B valuation without having rock solid technology or evidence to prove the effectiveness of their technology? I would assume that the VCs in SV are a pretty smart bunch. How on earth did this happen in the first place? If Theranos…
Not to sound too cynical, but didn't we all have similar questions when it came to investment banks and sub prime mortgages and credit instruments a few years ago? Can the greater fool theory coupled with herding behavior help explain some of this?
Re: How Theranos Misled Me
#46All the investors, and all the journalists had a simple option that none of them appear to have taken: have your own blood tests done by Theranos.
When they start sticking something into a vein you then know it's more than a finger-stick.
Still, this is a great article, and it clearly shows that Theranos were failing in their duty of candour.
Re: How Theranos Misled Me
#47Theranos has been the only biotech firm that I've seen mentioned on the news lately.
Is there anything GOOD happening in biotech right now?
Re: How Theranos Misled Me
#48Re: How Theranos Misled Me
#49Theranos has been the only biotech firm that I've seen mentioned on the news lately. Is there anything GOOD happening in biotech right now?
Re: How Theranos Misled Me
#50I did not know much about Theranos before the recent skeptical articles started to appear on newspapers regarding the falseness of their claims. The larger question is, how do you get to a $9B valuation without having rock solid technology or evidence to prove the effectiveness of their technology? I would assume that the VCs in SV are a pretty smart bunch. How on earth did this happen in the first place? If Theranos…
Have you seen Elizabeth Holmes' pedigree? Have you looked at who's on her board?
In terms of pattern-matching, her speaking and body language match several uber-engineers I know. Top it off with a photogenic appearance.
Slam dunk. We're animals with 1 square meter x 2 mm of sometimes-rational coiled up in our heads.