Theranos Executive to Depart Amid Regulatory Probes
1–10 of 84 posts
Re: Theranos Executive to Depart Amid Regulatory Probes
#2I can't imagine the stress that Holmes goes through on a constant basis. There is the usual startup founder stress, but this feels like another level.
Re: Theranos Executive to Depart Amid Regulatory Probes
#3I can't imagine the stress that Holmes goes through on a constant basis. There is the usual startup founder stress, but this feels like another level.
Holmes has already cashed out enough to be in a perfectly fine situation. I have little sympathy for her stress level, as it Holmes that has poorly handled the situation while profiting personally.
I worry much more about the stress from regular, honest people that are now associated with Theranos. It would suck to spend many years there, assuming that other parts of the company were doing their job correctly, only to be abandoned so completely by upper management's handling of this situation.
Re: Theranos Executive to Depart Amid Regulatory Probes
#4I can't imagine the stress that Holmes goes through on a constant basis. There is the usual startup founder stress, but this feels like another level.
You feel compassion for someone who knowingly attempted to peddle a medical product just shy of snake oil, only to have it blow up in their face?
Their product was absurdly broken, and the results were essentially a coin flip (I believe the FDA said results were accurate around 50% of the time). They wanted real doctors and patients to base important medical decisions off of this...
Re: Theranos Executive to Depart Amid Regulatory Probes
#5I can't imagine the stress that Holmes goes through on a constant basis. There is the usual startup founder stress, but this feels like another level.
Isn't this what one deserves if one tries to peddle something that doesn't work to investors, and then gets hundreds of millions of dollars for it?
Re: Theranos Executive to Depart Amid Regulatory Probes
#6I can't imagine the stress that Holmes goes through on a constant basis. There is the usual startup founder stress, but this feels like another level.
Holmes has already cashed out enough to be in a perfectly fine situation. I have little sympathy for her stress level, as it Holmes that has poorly handled the situation while profiting personally. I worry much more about the stress from regular, honest people that are now associated with Theranos. It would suck to spend many years there, assuming that other parts of the company were doing their job correctly, only t…
Whatever Holmes has cashed out aside, she comes from a highly privileged background. There was never any danger to her of ending up destitute, regardless of whether Theranos worked out.
Re: Theranos Executive to Depart Amid Regulatory Probes
#7I can't imagine the stress that Holmes goes through on a constant basis. There is the usual startup founder stress, but this feels like another level.
Isn't this what one deserves if one tries to peddle something that doesn't work to investors, and then gets hundreds of millions of dollars for it?
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Re: Theranos Executive to Depart Amid Regulatory Probes
#8"Mr. Balwani, the Journal reported, told them in an email, “I am extremely irritated and frustrated by folks with no legal background taking legal positions and interpretations on these matters.” He wrote, “This must stop.”
He then ordered the employees to only report to the accrediting organizations results from proficiency tests performed on conventional devices, and not the results of those tests obtained from the company’s proprietary Edison machines, according to former employees."
Yikes.
Re: Theranos Executive to Depart Amid Regulatory Probes
#9I can't imagine the stress that Holmes goes through on a constant basis. There is the usual startup founder stress, but this feels like another level.
You feel compassion for someone who knowingly attempted to peddle a medical product just shy of snake oil, only to have it blow up in their face? Their product was absurdly broken, and the results were essentially a coin flip (I believe the FDA said results were accurate around 50% of the time). They wanted real doctors and patients to base important medical decisions off of this...
There's never a good enough reason to withhold compassion. That's the whole point of it.
Re: Theranos Executive to Depart Amid Regulatory Probes
#10I can't imagine the stress that Holmes goes through on a constant basis. There is the usual startup founder stress, but this feels like another level.
Isn't this what one deserves if one tries to peddle something that doesn't work to investors, and then gets hundreds of millions of dollars for it?
This is advocating revenge, and being pleased to see someone suffer. Imagine she had a breakdown due to stress and her life went off the rails - would you feel that was fair? How much would she have to suffer before you are satisfied?