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Elizabeth Holmes found guilty

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Re: Elizabeth Holmes found guilty

#211

Post by dmix »

jonwachob91 wrote: post #40

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…

They farmed out the patient results to real machines pretending they were using Theranos. So they were technically real.

Re: Elizabeth Holmes found guilty

#212

Post by marnett »

sharkweek wrote: post #25

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…

What an awesome collection/hobby Thanks for sharing. Is there any way to see all that you have?. I became interested in this after seeing someone with an Enron shirt on at a music festival earlier this year. Surely it was not an “original”, as you collect, but it had me reflecting on the artistic value.

Re: Elizabeth Holmes found guilty

#213

Post by arcticbull »

sharkweek wrote: post #25

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…

If anyones got a juicero lmk I’ll pay double market haha

Re: Elizabeth Holmes found guilty

#214

Post by dehrmann »

javajosh wrote: post #51
daenz wrote: post #28

Earlier quoted context omitted.

What a super interesting niche. Do you see returns on your investments?

I don't remember where I first heard this, but it's good advice: don't collect as an investment, collect because you really enjoy the objects. I collect rare books, but never because I think they'll go up in value (although they probably will). I just like having them around. Socially, infamous corpo-swag is really even better - what a conversation starter! But I personally wouldn't want that sort of stuff in my shar…

> don't collect as an investment

I've seen a lot of Pawn Stars in the past six months. They never say this, but you can put it together. Most things that people collect trade in low volumes, so pricing is hard, and the bid/ask spread kills you. If you decide to sell, you'll either get 70% of the value if you sell it fast, or maybe 100% if you're ready to wait two years. If you want to liquidate everything, it might depress the market. There's also a discount when you have it as a collection because someone could part it out, but that's even more time. That, and the drive to collect is building the collection, so there's less utility in getting an instant collection.

Re: Elizabeth Holmes found guilty

#216

Post by proactivesvcs »

walrus01 wrote: post #118
meetingthrower wrote: post #36

Earlier quoted context omitted.

One of my biggest regrets is not getting a Kozmo messenger bag from dotcom 1.

I know someone who has both beenz and flooz promotional stuff

blinks Do you mean to say that Beenz wasn't a fever dream I enjoyed? Next you'll be telling me that Swatch's Beats was a real, actual attempt at redefining time, and wasn't just something I overheard being invented by a bunch of Jolly People at the pub one night.

Re: Elizabeth Holmes found guilty

#217

Post by paxys »

lotsofpulp wrote: post #24
dbcooper wrote: post #4

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.

"Sunny" is a common nickname in India but it has nothing to do with the day you were born on.

Re: Elizabeth Holmes found guilty

#218

Post by bombcar »

Ansil849 wrote: post #170
sharkweek wrote: post #25

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…

> I am a collector of swag from large companies that have collapsed due to anything from mismanagement to outright fraud That's a really cool collection! I always find it interesting to learn what obscure things folks collect. > any authentic Theranos gear How do you tell if it's authentic? If I was a collector in this area, my big concern would be that especially given that the market is hot, someone could just look…

Promo freebies change so often that you can often work out what company and what year made a particular squeeze toy or similar.

And rip offs will often have subpar artwork obviously not using original AI/EPS files.

Re: Elizabeth Holmes found guilty

#220

Post by threwawasy1228 »

F_J_H wrote: post #150
sharkweek wrote: post #76

Earlier quoted context omitted.

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.

Former Enron employee here - I have some swag I was given when I first started (lunch kit, values booklet, etc. Also have some golf shirts and baseball caps. Worth anything?

Absolutely, you could get some great value for that on ebay, or grailed.com
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