141–150 of 1001 posts
Earlier quoted context omitted.
What does "authentic" mean here? Isn't company swag just the company emailing a logo to 3rd parties who print it on shirts/whatever?
This is some of the scammiest markets of all time. Hey OP, I got a Theranos-branded mug I can drop-ship you from Alibaba. $800 OBO
Count one of conspiring to commit wire fraud against investors in Theranos between 2010 and 2015: Guilty. Count two of conspiring to commit wire fraud against patients who paid for Theranos’s blood testing services between 2013 and 2016: Not guilty. Count three of wire fraud in connection with a wire transfer of $99,990 on or about Dec. 30, 2013: No verdict. Count four of wire fraud in connection with a wire transfer…
Don't know all of the details behind each count, but glad to see this result, which seems good and fair. Basically, looks like the majority of "committing fraud against investors" charges were guilty, but the "committing fraud against patients ", which always seemed like more of a stretch to me, were not guilty.
Patients just saw a blood testing service promising the same accuracy as a blood draw and went for it
More complete summary from the NY Times: https://www.nytimes.com/live/2022/01/03/technology/elizabeth... https://news.ycombinator.com/item?id=29789074
> Very little is known of Mr. Balwani, including why he is called “Sunny.” This might be because Saturday in Hindi and other Indian languages is “sunny-var”, and the day of the week you are born on is a common nickname, in conjunction with “sunny” being an easy to pronounce and common English word.
It blows my mind that she was found guilty for defrauding investors, but not guilty for defrauding patients about their test results. Investors know that every dollar they put into a company could disappear, it's why startups get capital from investors and not bank loans. But a patient does not expect for their blood test results to be completely wrong. Her tests weren't giving false-negatives or false-positives, the…
Earlier quoted context omitted.
What does "authentic" mean here? Isn't company swag just the company emailing a logo to 3rd parties who print it on shirts/whatever?
I try my best to only procure swag that was actually distributed by the company at time of operation. As an example, you can buy "joke" Enron t-shirts, which I wouldn't be interested in, but some authentic team building event-specific shirt distributed to 50ish people? Oh baby, I'm all ears. I think that's part of the fun, hunting for the original stuff.
Would you be interested in an unreleased "Cosby Show" lego set that was supposed to come out right before he got cancelled?
It blows my mind that she was found guilty for defrauding investors, but not guilty for defrauding patients about their test results. Investors know that every dollar they put into a company could disappear, it's why startups get capital from investors and not bank loans. But a patient does not expect for their blood test results to be completely wrong. Her tests weren't giving false-negatives or false-positives, the…
This will sound weird but I am a collector of swag from large companies that have collapsed due to anything from mismanagement to outright fraud. While we're a rare breed there are others like me out there. Still, even with this oddly specific marketplace being small, let me tell you, the Theranos swag market is hot right now (check eBay if you're curious). Wish I had gone big on this one earlier, because I have a fe…
Earlier quoted context omitted.
What does "authentic" mean here? Isn't company swag just the company emailing a logo to 3rd parties who print it on shirts/whatever?
I try my best to only procure swag that was actually distributed by the company at time of operation. As an example, you can buy "joke" Enron t-shirts, which I wouldn't be interested in, but some authentic team building event-specific shirt distributed to 50ish people? Oh baby, I'm all ears. I think that's part of the fun, hunting for the original stuff.
Worth anything?