Started By
Message

re: Theranos faces $240M worth of lawsuits and has $200M left in the bank

Posted on 2/17/17 at 9:16 am to
Posted by Peazey
Metry
Member since Apr 2012
25418 posts
Posted on 2/17/17 at 9:16 am to
I've been in this business a long time, and I gotta say that turtle neck does not lie. It exudes entrepreneurial genius. There must be something else going on here. I mean look at this.




Bonus: I hope this is legit, but it probably isn't.


Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134845 posts
Posted on 2/17/17 at 9:19 am to
quote:

This story doesn't get the amount of coverage it deserves.

This. I remember 60 minutes acting as if she was the next Thomas Edison.
Posted by member12
Bob's Country Bunker
Member since May 2008
32089 posts
Posted on 2/17/17 at 9:19 am to
Oh. The motivational phrases and cult-like worship.

Can't imagine what 50 other Silicon Valley companies she's decided to mimic.
This post was edited on 2/17/17 at 9:20 am
Posted by Fishwater
Carcosa
Member since Aug 2010
5825 posts
Posted on 2/17/17 at 9:23 am to
Wonder what they are insured for?

Either Pro Rata share if all claims are met or possibly pierce the corporate veil?
Posted by Spock's Eyebrow
Member since May 2012
12300 posts
Posted on 2/17/17 at 9:28 am to
quote:

What I don't understand is how the whole company faked this? It's one thing for a CEO or high level execs to falsify financial data or something like that, but how did they get low level techs across the board to give the public false data?


There was a whistleblower, and it's an interesting story, as he's the grandson of a board member, none other than George Shultz, and it ruined their relationship. Other board members included Henry Kissinger, William Perry, Sam Nunn. They've since been replaced, but it was a bizarre list of people. Elizabeth was all about the connections.

LINK
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram