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Theranos Low on Cash After Settlement with Walgreens

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Re: Theranos Low on Cash After Settlement with Walgreens

#11

Post by paganel »

Overtonwindow wrote: post #7

Theranos seems to be an example of supreme hubris. Years from now, we will be reading amazing business school research into how a company, seemingly built on the ultimate vaporware, run by a woman who saw herself as the next Steve Jobs, collapsed due to the CEO's hubris. I think if it weren't for Holmes controlling interest she would have been let go a long time ago.

> Years from now, we will be reading amazing business school research

Serious question: Is there a decent future for business schools? Has anyone done a decent ROI calculation on them based on the financial and business results of the past 15/20 years? Are they currently on an upward trend? Downward? Stagnant?

The reason I'm asking is that from half a globe away (Eastern Europe) the MBA and business school hype seems to have died a little compared to 10 years ago, as in I don't get to see "this guy/lady graduated from Wharton School" all that often when reading business/financial profiles.

Re: Theranos Low on Cash After Settlement with Walgreens

#12

Post by Overtonwindow »

paganel wrote: post #11
Overtonwindow wrote: post #7

Theranos seems to be an example of supreme hubris. Years from now, we will be reading amazing business school research into how a company, seemingly built on the ultimate vaporware, run by a woman who saw herself as the next Steve Jobs, collapsed due to the CEO's hubris. I think if it weren't for Holmes controlling interest she would have been let go a long time ago.

> Years from now, we will be reading amazing business school research Serious question: Is there a decent future for business schools ? Has anyone done a decent ROI calculation on them based on the financial and business results of the past 15/20 years? Are they currently on an upward trend? Downward? Stagnant? The reason I'm asking is that from half a globe away (Eastern Europe) the MBA and business school hype seem…

That's a fair question and I don't know the answer to it. I study and work in public policy. Ergo I imagine that the study and analysis of business would come from b-schools. However, to try and answer your question, I've seen it mentioned here and in the news that the primary value of going to a business school is not the education, but the contacts you make.

Re: Theranos Low on Cash After Settlement with Walgreens

#13

Post by [deleted] »

jackmott wrote: post #4
protomyth wrote: post #3

A company has not only totally failed in the market but employed deception which lead to a lawsuit, my question is how do they have any money left at all? Isn't this such a miss that whatever was left should just be returned to investors and the company close down. Does anyone have a scenario where this company becomes viable?

Indeed, why isn't the entire board, and upper management in jail?

[deleted]

Re: Theranos Low on Cash After Settlement with Walgreens

#14

Post by cat199 »

Overtonwindow wrote: post #7

Theranos seems to be an example of supreme hubris. Years from now, we will be reading amazing business school research into how a company, seemingly built on the ultimate vaporware, run by a woman who saw herself as the next Steve Jobs, collapsed due to the CEO's hubris. I think if it weren't for Holmes controlling interest she would have been let go a long time ago.

... but dig a bit deeper and it seems like an outright fraud, and the ability to hype is not surprising considering the backroom players..

Re: Theranos Low on Cash After Settlement with Walgreens

#15

Post by greenburger »

paganel wrote: post #11
Overtonwindow wrote: post #7

Theranos seems to be an example of supreme hubris. Years from now, we will be reading amazing business school research into how a company, seemingly built on the ultimate vaporware, run by a woman who saw herself as the next Steve Jobs, collapsed due to the CEO's hubris. I think if it weren't for Holmes controlling interest she would have been let go a long time ago.

> Years from now, we will be reading amazing business school research Serious question: Is there a decent future for business schools ? Has anyone done a decent ROI calculation on them based on the financial and business results of the past 15/20 years? Are they currently on an upward trend? Downward? Stagnant? The reason I'm asking is that from half a globe away (Eastern Europe) the MBA and business school hype seem…

The Economist has done this a few times in recent years:

https://www.economist.com/news/business/21601884-payback-tim... http://www.economist.com/whichmba/think-twice

Re: Theranos Low on Cash After Settlement with Walgreens

#16

Post by cat199 »

jackmott wrote: post #4
protomyth wrote: post #3

A company has not only totally failed in the market but employed deception which lead to a lawsuit, my question is how do they have any money left at all? Isn't this such a miss that whatever was left should just be returned to investors and the company close down. Does anyone have a scenario where this company becomes viable?

Indeed, why isn't the entire board, and upper management in jail?

dig deep.. see also the board and Ian Gibbons suicide..

The whole thing smacks of an outright fraud to skim funds from obamacare and elsewhere via pharmacy blood testing fees..

Re: Theranos Low on Cash After Settlement with Walgreens

#17

Post by jackmott »

frgtpsswrdlame wrote: post #8
jackmott wrote: post #4

Earlier quoted context omitted.

Indeed, why isn't the entire board, and upper management in jail?

Have you looked at their board? It's basically the ultra-elite. How would you even go after James Mattis? It's kind of sad but a brilliant illustration of how much money can protect you. Theranos the company will fail but Theranos the people will be fine, except for the whistleblower that is.

All we have to do is elect people who don't care about that crap.

Re: Theranos Low on Cash After Settlement with Walgreens

#18

Post by sjg007 »

paganel wrote: post #11
Overtonwindow wrote: post #7

Theranos seems to be an example of supreme hubris. Years from now, we will be reading amazing business school research into how a company, seemingly built on the ultimate vaporware, run by a woman who saw herself as the next Steve Jobs, collapsed due to the CEO's hubris. I think if it weren't for Holmes controlling interest she would have been let go a long time ago.

> Years from now, we will be reading amazing business school research Serious question: Is there a decent future for business schools ? Has anyone done a decent ROI calculation on them based on the financial and business results of the past 15/20 years? Are they currently on an upward trend? Downward? Stagnant? The reason I'm asking is that from half a globe away (Eastern Europe) the MBA and business school hype seem…

An MBA from a top school is worth the money and what you make of it.

Re: Theranos Low on Cash After Settlement with Walgreens

#19

Post by TeMPOraL »

Overtonwindow wrote: post #7

Theranos seems to be an example of supreme hubris. Years from now, we will be reading amazing business school research into how a company, seemingly built on the ultimate vaporware, run by a woman who saw herself as the next Steve Jobs, collapsed due to the CEO's hubris. I think if it weren't for Holmes controlling interest she would have been let go a long time ago.

Related question: how is uBeam still alive?

Re: Theranos Low on Cash After Settlement with Walgreens

#20

Post by rpmcmurphy »

Overtonwindow wrote: post #10
jackmott wrote: post #5

Earlier quoted context omitted.

Why would anyone give them money now?

Even if the technology was truly promising, and the company had a clear plan forward to develop and profit, I would not give them a cent so long as Holmes is connected to the company. She's far too much of a liability.

But she wears a black turtleneck, just like Steve Jobs.
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