Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Elizabeth Holmes found guilty

axios.com

Post reply on HN
Print view View original

901–910 of 1001 posts

Re: Elizabeth Holmes found guilty

#901

Post by user_7832 »

refurb wrote: post #325
user_7832 wrote: post #260

Earlier quoted context omitted.

> One of the reasons the US is a decent place to live compared to other countries is because we actually prosecute frauds and criminals here. Let's start seeing some other countries around the world start doing this, like India, Russia, and China. I'm really not sure fraud is the biggest issue plaguing these countries... corruption is definitely an issue (though the US has in some cases legalized it into lobbying and…

Nobody said the US system was perfect, just better (along with other developed countries that have rule of law). I lived in a developing country for a while and the corruption can be maddening. You might agree to partner with someone to buy property, they take your money and cut you out. In corrupt countries, you might be entirely screwed - that person has too many connections and influence, nobody will touch them. A…

I agree, but also disagree. Look at the entire Epstein (and co.) trials - the rich and well connected are thoroughly protected across the world. Yes, it's more likely that you can hold people accountable but only to an extent. (Fwiw I'm from India so I'm familiar with the system, and I fully agree it's far from perfect)

Re: Elizabeth Holmes found guilty

#902

Post by lokar »

geophile wrote: post #747
evancoop wrote: post #715

The relevant detail, in my mind, is not whether Holmes deserves punishment, or even how much. The relevant detail is how the judge ultimately sentences Holmes, and more importantly, on what basis the judge selects the upper or lower range of possible sentencing outcomes. Considering that BS, stretching of capabilities, and so on are commonplace in the startup world, the point isn't whether Holmes crossed the line (sh…

I think there is a pretty sharp line separating what Holmes tried, and what legitimate startups do. What she claimed had no basis in reality. It's Borat trying to patent a hoverboard, just like in Back to the Future, and telling the VC that he "needs to come up with the science" ( https://www.youtube.com/watch?v=OXuDhejxz_c ). Except that Holmes was worse, claiming that she had the science. And she insulated herself…

Was there really no science at all? I've not followed the details, but I assumed she had something, but that it was just unworkable now or anytime soon

Re: Elizabeth Holmes found guilty

#903

Post by Aperocky »

gameswithgo wrote: post #785

I wonder what parallels we can draw between Holmes and her blood testing, with Elon and full self driving. I suppose Elon has covered his bases by saying it is still a work in progress while charging for it, but he has also been saying it will be ready in about a year or two since 2016. I think the FSD research Tesla is doing is interesting, but man I would rather all of that money gone into a carbon fiber roof or so…

There's no parallel, self driving cars is technically feasible.

Meanwhile Theranos bloodtests suffer from scientific impossibility: you can't get information from where there is none. And when the information is sparse, you'll have to spend greater entropy to get it (versus the tiny machine that theranos built).

Re: Elizabeth Holmes found guilty

#905

Post by forgot-my-pw »

Aperocky wrote: post #903
gameswithgo wrote: post #785

I wonder what parallels we can draw between Holmes and her blood testing, with Elon and full self driving. I suppose Elon has covered his bases by saying it is still a work in progress while charging for it, but he has also been saying it will be ready in about a year or two since 2016. I think the FSD research Tesla is doing is interesting, but man I would rather all of that money gone into a carbon fiber roof or so…

There's no parallel, self driving cars is technically feasible. Meanwhile Theranos bloodtests suffer from scientific impossibility: you can't get information from where there is none. And when the information is sparse, you'll have to spend greater entropy to get it (versus the tiny machine that theranos built).

It's not just about what's technically feasible. He's making false promises every year and now released to public a Beta product that should have been Alpha or earlier stage.

Re: Elizabeth Holmes found guilty

#906

Post by Cederfjard »

mkr-hn wrote: post #807
ekanes wrote: post #794

Earlier quoted context omitted.

I’d like to bet someone on this. If you or others are interested maybe we can refine a wager. :) I’m thinking that in 7 years there will be something built with blockchain tech (not cryptocurrency) that is used by 10M people? (I know you said cryptocurrencies but many people conflate the two and feel it’s all bogus..)

Anyone could win instantly by pointing out git. The hype is new, but not the concept.

What definition do you have of blockchain tech that git fits into it?

Re: Elizabeth Holmes found guilty

#907

Post by onislandtime »

One of the surprising things in this saga is how Walgreens partnered with Theranos. I actually had a blood test done in the downtown Palo Alto Walgreens. The results were obviously wrong so I had to redo them in a real lab. Any elementary school child can do a science experiment comparing the blood test results of Theranos with a standard lab. Walgreens deliberately failed to do due diligence because of some type of corruption. They contributed to the fraud and they should be investigated.

Re: Elizabeth Holmes found guilty

#908

Post by ted_dunning »

mkr-hn wrote: post #807
ekanes wrote: post #794

Earlier quoted context omitted.

I’d like to bet someone on this. If you or others are interested maybe we can refine a wager. :) I’m thinking that in 7 years there will be something built with blockchain tech (not cryptocurrency) that is used by 10M people? (I know you said cryptocurrencies but many people conflate the two and feel it’s all bogus..)

Anyone could win instantly by pointing out git. The hype is new, but not the concept.

Hashing is not the same as blockchain.

Re: Elizabeth Holmes found guilty

#909

Post by autokad »

nathanvanfleet wrote: post #865
biztos wrote: post #789

Earlier quoted context omitted.

> She only pauses in her work to run — seven miles a day. -- Laura Arrillaga-Andreessen, yes that Andreessen, writing in the New York Times Magazine about Visionary Tech Entrepreneurs with, um, no conflict of interest whatsoever I'm sure. Turns out Palantir's Alex Karp was also "harnessing goodness through technology." No idea how she missed Adam Neumann. https://www.nytimes.com/interactive/2015/10/12/t-magazine/el..…

I think that Fox news has been around enough that people really don't expect any media to be neutral anymore. It just seems natural and normal for any media outlet to be vertically integrated into something. Washington Post seems to be anti union and against billionaires being taxed? Whatever.

when fox news came out, most news agencies (maybe all) were already left, so it choose to do something different and liberals have been bemoaning that ever since.

Re: Elizabeth Holmes found guilty

#910

Post by autokad »

bb101 wrote: post #786
ferdowsi wrote: post #737

I'm loving reading through all of the sickening puff pieces that business/tech journalists put out about her and Theranos. It's funny to think back to 2015 and the hagiographical void still left in tech journo hearts after Steve Jobs died. https://www.inc.com/ilan-mochari/elizabeth-holmes-theranos-i... > How Elizabeth Holmes Became America's New Entrepreneurial Icon > She represents the part of entrepreneurship that…

I do feel sorry for her in a way. She was riding a treadmill of expectations. Started off slowly, probably thinking "yeah, we can do this" and by the time the treadmill was moving at light speed, it was too late to get off. Even TED has removed her talk from YouTube. What responsibility do the media bear when their shallow hype turns out to be false and damaging to all parties?

I think its wrong they removed her talk. It should be there, mistakes should be shown too.
Post reply on HN