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This CEO is out for blood

fortune.com

51–60 of 105 posts

Re: This CEO is out for blood

#51
post #31

> she started her first business while still in high school, selling C++ compilers to Chinese universities. Along with the rest of the weirdness being mentioned by others, some of this really doesn't begin to make sense to me. o_O Custom compilers have been a thing a few times in the past, but in the late 90s, what possible reason could there be for this?

The only thing I can think of was that the Chinese had some new architecture with no compiler out there for it. But if they had their own architecture they could surely build their own compiler.. Sounds fishy tbh

And I bet if you showed this article to someone with a background in the diagnostics industries Theranos is trying to disrupt, they would find all kinds of fishy aspects to those parts of the story as well.

Re: This CEO is out for blood

#52
post #43

There have been hints and whispers of Theranos here at HN for a while, here at least is more information about it, puff piece or no. The board is quite impressive; I suspect they have gotten at least some DoD money, i.e. DARPA, through which perhaps some of those connections were made...

The CEO is definitely out for blood, and her employees apparently aren't exempt...

Here's some more information about Theranos... I interviewed with these guys recently. One of the things the interviewer stressed is that the programmers there typically work 60-hour weeks, and would I be okay with that. He said he was very proud of the fact that they used to work 80-hour weeks but had gotten it down to about 60. I passed on them just for this one reason...

The interview coding challenges were fairly well-designed and somewhat fun to do, though.

Re: This CEO is out for blood

#53

> “I realized that I could have just as well been looking into the eyes of a Steve Jobs or a Bill Gates.” > Though Theranos is largely unknown even in Silicon Valley, that is about to change. > Precisely how Theranos accomplishes all these amazing feats is a trade secret. > The analyzers look like large desktop computer towers. Holmes declines to explain how they work, or even allow them to be photographed, citing th…

Here's how Theranos got all those high profile board members: http://fortune.com/2014/06/12/theranos-board-directors/

TL;DR: founder met/convinced one well-connected DC insider in 2011, and he brought all his buddies along for the ride.

Re: This CEO is out for blood

#55
post #35

Earlier quoted context omitted.

Seems rather sad state of our Patent system here in the US where a 19 year old with no prior technical background, who was a Chemical Engineering student, a sophomore no less (meaning barely finished or finishing General Ed. requirements and just starting Major courses), can write and file for a highly-technical patent involving radios, sensors, embedded devices, and the like. > And we could put a cellphone chip on i…

Seems like a rather sad state of Hacker News when there is so much doubt heaped on a woman's technical ability just because of her age, and the fact she was unlikely to have completed the relevant formal education. There is rarely an invention 101. Many people can teach themselves.

I think I should make it clear -- this is not a gender issue. Let's stop trying to make it one.

It, perhaps, is a age issue, sure. I have my doubts that an 19 year old chemical engineering student would have enough technical background to implement: radios, embedded systems, various sensors, medical analysis algorithms, database usage, notifications systems, knowledge of cellular technology, agreements with hospitals and insurance companies, etc.

However, here in the US, a patent is more-or-less just an idea -- meaning, one can think-up something, and patent it. That is valid.

My thoughts are, the article was obviously a puffy PR piece, designed to make the company look good. I believe she was an "idea guy" and was awarded a patent for that idea, then likely brought in outside help to implement it... which is very very common.

Re: This CEO is out for blood

#56
post #14

Earlier quoted context omitted.

I skimmed through the first part, but based on your comment I went back and read the article. > As a bonus, board meetings are also attended by the company’s de facto legal adviser at large, trial lawyer David Boies. Boies represented the DOJ in the Microsoft antitrust proceedings and Al Gore in Bush v. Gore. What an odd cast for a startup board. I wonder what connects all these people, other than all being high-prof…

Her father. Holmes comes from a very wealthy and prominent family. Her father, Christian Holmes IV, has had many high ranking jobs in government. I'm assuming the board was built from his numerous government and family wealth connections. Coming from wealth doesn't hurt but somehow the articles always leave that bit out ...

> Coming from wealth doesn't hurt but somehow the articles always leave that bit out ...

It's not a "sexy" PR piece if the story reads "Wealthy people get Wealthier", now is it? ;-P

Re: This CEO is out for blood

#57
post #43

There have been hints and whispers of Theranos here at HN for a while, here at least is more information about it, puff piece or no. The board is quite impressive; I suspect they have gotten at least some DoD money, i.e. DARPA, through which perhaps some of those connections were made...

The CEO is definitely out for blood, and her employees apparently aren't exempt... Here's some more information about Theranos... I interviewed with these guys recently. One of the things the interviewer stressed is that the programmers there typically work 60-hour weeks, and would I be okay with that. He said he was very proud of the fact that they used to work 80-hour weeks but had gotten it down to about 60. I pas…

I was somewhat recently contacted for an interview, and the interviewer mentioned 45-55 hour work weeks, but other than that, the company seemed like it would be a decent company to work for. The screening process is somewhat more hardcore than others, but that can be a good thing.

Re: This CEO is out for blood

#58
post #35

Earlier quoted context omitted.

Seems rather sad state of our Patent system here in the US where a 19 year old with no prior technical background, who was a Chemical Engineering student, a sophomore no less (meaning barely finished or finishing General Ed. requirements and just starting Major courses), can write and file for a highly-technical patent involving radios, sensors, embedded devices, and the like. > And we could put a cellphone chip on i…

> Seems rather sad state of our Patent system here in the US where a 19 year old with no prior technical background, who was a Chemical Engineering student, a sophomore no less (meaning barely finished or finishing General Ed. requirements and just starting Major courses), can write and file for a highly-technical patent involving radios, sensors, embedded devices, and the like. > It's very doubtful she understood ho…

none of what you've quoted highlights her gender

why are you bringing that up?

Re: This CEO is out for blood

#59
post #14

Earlier quoted context omitted.

I skimmed through the first part, but based on your comment I went back and read the article. > As a bonus, board meetings are also attended by the company’s de facto legal adviser at large, trial lawyer David Boies. Boies represented the DOJ in the Microsoft antitrust proceedings and Al Gore in Bush v. Gore. What an odd cast for a startup board. I wonder what connects all these people, other than all being high-prof…

"What an odd cast for a startup board. I wonder what connects all these people, other than all being high-profile." Government relations. Influence with policymakers and thought leaders. Makes total sense for a med-tech company. This is an industry where "non-market factors" (government regulation, threat of competitive lobbying or lawsuits by incumbents, etc.) play an enormous role. If I were starting a med-tech com…

Why would that be interesting?

Boies is an attorney, he doesn't display his own point of view, he is (one of the best in the world) professional presenter of clients' point of view.

http://en.wikipedia.org/wiki/David_Boies#Notable_cases

Re: This CEO is out for blood

#60
post #14

Earlier quoted context omitted.

I skimmed through the first part, but based on your comment I went back and read the article. > As a bonus, board meetings are also attended by the company’s de facto legal adviser at large, trial lawyer David Boies. Boies represented the DOJ in the Microsoft antitrust proceedings and Al Gore in Bush v. Gore. What an odd cast for a startup board. I wonder what connects all these people, other than all being high-prof…

Her father. Holmes comes from a very wealthy and prominent family. Her father, Christian Holmes IV, has had many high ranking jobs in government. I'm assuming the board was built from his numerous government and family wealth connections. Coming from wealth doesn't hurt but somehow the articles always leave that bit out ...

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