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I wonder how long she will be able to hold the CEO position?
However, my understanding is that Theranos has an unusual corporate structure that gives Holmes control of most of the votes, so if she doesn't want to leave, I don't know if anyone can force her.
[1] http://www.businesswire.com/news/home/20160707006570/en/Ther...
I cant read this article. Can someone provide some backstory? What is Theranos? Why was it shut down?
click web > go to article from google
Apparently they worked fro Walgreen or something?
Maybe there is little precedent, but that length of time seems a bit arbitrary (and too short?).
I wonder how long she will be able to hold the CEO position?
On the one hand, hopefully not long, as she can't provide any effective leadership with this in place. However, my understanding is that Theranos has an unusual corporate structure that gives Holmes control of most of the votes, so if she doesn't want to leave, I don't know if anyone can force her.
I wonder how long she will be able to hold the CEO position?
Earlier quoted context omitted.
click web > go to article from google
I have read the article (there was no 'web' button but some other comment posted a working link). Still have no idea what Theranos is or what they have done. Apparently they worked fro Walgreen or something?
Earlier quoted context omitted.
click web > go to article from google
I have read the article (there was no 'web' button but some other comment posted a working link). Still have no idea what Theranos is or what they have done. Apparently they worked fro Walgreen or something?
I have no sympathy for her. It's incredibly irresponsible to do what she did- play marketing games with medical technology. Theranos' unethical behaviour has made it much more difficult for future innovation in the medical field, and has potentially cost lives. This sanction is appropriate. My fiancee works as a laboratory scientist in a hospital conducting patient sample testing, and her and her co-workers take thei…
But when does "playing marketing games" become OK? Maybe for mobile games, but even then you have kids taking their parent's credit cards out of wallets and spending 100s... everything's important to somebody.
Clearly medical tech is extra important, and the consequences even more grave, but I hope this is a lesson to everyone that trying to dupe all of society sometimes has consequences.
And hopefully convince more people to do ... nicer things? Better things? Well, at least taking things seriously.