A Marriage Gone Bad: Walgreens Struggles to Shake Off Theranos

Post by beachstartup » Fri, Apr 22, 2016, 4:08 PM UTC

lingben wrote: post #44

thoroughly disappointed in the Shriver interview, didn't ask any hard questions, didn't redirect after her answers, didn't really seem like she was at all fully informed about Theranos now if John Carreyrou had been conducting the interview, that would be another thing but I get the feeling that he would never be granted an interview simply because he is much more qualified in terms of competency in Theranos and its…

Post by [deleted] » Fri, Apr 22, 2016, 4:14 PM UTC

yoohoocthulhu wrote: post #46

tclmeelmo wrote: post #28

Earlier quoted context omitted.

I would predict that it depends on where the money is coming from. For VC firms that are experienced in the biomedical space, Theranos changes nothing because they were already suspicious of Theranos. For firms that are inexperienced in the biomedical space, they have hopefully learned that growth cannot compensate for flaws in science or technology. If they continue to invest in biomedical, they will be much more ca…

I'd say that Theranos is so much of an outlier that it's failure won't really have a huge effect. They weren't patenting nor licensing any exciting technology. They had no groundbreaking presentations of their technology. They had no experts in the field working at the company or on the board.... I mean, it's amazing they raised money to begin with

Post by forgetsusername » Fri, Apr 22, 2016, 4:16 PM UTC

1024core wrote: post #11

A part of me feels sad for Theranos. I wanted them and Elizabeth to succeed; more the latter, actually. If she had succeeded (I still hold out hope), she would have been a terrific role model for young women everywhere.

Post by beachstartup » Fri, Apr 22, 2016, 4:20 PM UTC

JonFish85 wrote: post #54

beachstartup wrote: post #51

Earlier quoted context omitted.

my high expectations for journalism dropped significantly sometime right after i started my company, because i then realized how much money it took to even be mentioned in any press, good or bad.

Isn't that advertising, rather than journalism?

Post by ryandrake » Fri, Apr 22, 2016, 4:34 PM UTC

JamilD wrote: post #42

ryandrake wrote: post #31

Earlier quoted context omitted.

This is a good point. Today's current tech role models, both male and female, are sending the unfortunate message: "Be born rich, have daddy pay for you to go to Stanford or Harvard, party a lot and make friends with rich future investors there, and you too can become a successful tech founder!"

And don't forget to drop out after a year of college! You've made all the connections, so what else is there to learn? There are some exceptions to this pattern though, like Jan Koum and Andy Grove. We desperately need more of them in today's tech environment.