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Theranos Founder Elizabeth Holmes Seeks Investors For New Company (vanityfair.com)
There's a new surprise from the Wall Street Journal's John Carreyrou (author of the Theranos expose Bad Blood: Secrets and Lies in a Silicon Valley Startup). An anonymous reader shares Vanity Fair's summary of their newest podcast interview:
According to Carreyrou, Holmes is currently waltzing around Silicon Valley, meeting with investors, hoping to raise money for an entirely new start-up idea. (My mouth dropped when I heard that, too....) I'm sure she will somehow succeed in convincing someone to hand over millions of dollars, especially if venture capitalists like Tim Draper (an early Theranos investor) are still out there saying the stories by Carreyrou were wrong (they weren't), and that Holmes was on the precipice of saving the world (she wasn't) before the media came after her.
You would think that seeing Holmes's duplicity wrapped up in a neat bow in Carreyrou's book, and in the S.E.C. settlement -- which, incidentally, mentions the term "fraud" seven times -- would force Silicon Valley to perform its own due diligence, and question whether the way C.E.O.s, investors, and the media interact should be re-evaluated. But alas, the tech world doesn't see Theranos as a tech company, but rather a biotech outlier... Of course, there is still a major criminal investigation underway by the F.B.I., one that could end with Holmes behind bars.
Carreyou tells another interviewer that Theranos "is a cautionary tale about the hubris in the Valley... there's certainly a lot of innovation there, but there's also an unbelievable amount of arrogance and pretending."
You would think that seeing Holmes's duplicity wrapped up in a neat bow in Carreyrou's book, and in the S.E.C. settlement -- which, incidentally, mentions the term "fraud" seven times -- would force Silicon Valley to perform its own due diligence, and question whether the way C.E.O.s, investors, and the media interact should be re-evaluated. But alas, the tech world doesn't see Theranos as a tech company, but rather a biotech outlier... Of course, there is still a major criminal investigation underway by the F.B.I., one that could end with Holmes behind bars.
Carreyou tells another interviewer that Theranos "is a cautionary tale about the hubris in the Valley... there's certainly a lot of innovation there, but there's also an unbelievable amount of arrogance and pretending."
Why is it that every time I see "Theranos", I read it first as "Thanatos"?
I've calculated my velocity with such exquisite precision that I have no idea where I am.
Why would anyone trust that person with any money whatsoever? Explain please?
Someone shoot this bitch already.
You know what made America great? Randomly assassinating disruptive people. I don't know why modern people think breaking everything is a positive quality but they are just troublemakers that no country needs.
The phrase "A fool and their money are soon parted" is supposed to be a warning, not a lifestyle goal.
Bourdain was killed
What she did was fraud, pure and simple.
https://www.cbsnews.com/news/t...
If you don't give money to this pretty, young, accomplished woman, it just shows that you are a sexist and a misogynist and part of the Silicon Valley bro culture that is trying to perpetuate straight white cis-hetero male privilege!
It's 2018 and there's no reason why someone who has committed fraud shouldn't believe they deserve to have more people give them money.
Crimes don't matter, fraud doesn't matter, lies don't matter. We're living in the post-truth age.
You are welcome on my lawn.
Interesting company she keeps.. It's not just the Clintons, but also other Washington power brokers, Republicans and Democrats alike. These politicians publicly denounce crony capitalism and nepotism, and privately are huge beneficiaries and promoters of it. And you can bet that every single one of her board members and political cronies made off like a bandit in her fraud. When these politicians tell you that the system is rigged, they are speaking the truth; what they don't tell you is that the very people who claim they want to fix it are the ones who are rigging it in the first place.
And pollsters wonder why voters reject both the Democratic and the Republican establishment.
Shouldnt she be on the lookout for the infinity stones?
What idiot would invest in her?
Anyone who gives so much as a cent to this criminal deserves to lose it. And yes, I will laugh at them. Heartily.
Jail for life.
and reinvent herself as Thereimer.
With all that we know about what went on there's no way this woman doesn't serve time, no matter how many well-connected people she knows.
She committed a huge medical fraud and never even apologized for it.
So seriously why is she walking on the streets? She should be rotting in jail.
But in the USA corporate goons are responsible for their actions.
This is America! There is no shortage of stupid greedy people.
Stupidity, greed and ignorance are the key American values that will enable her new company to flourish.
Since she has been proven to be a fraud, the SEC should let her keep the spoils this time around. Whoever invests in her deserves to lose their money.
Shame on,
uh fool me, you can't get fooled again!
The most obvious where the Clintons.
The 'Clinton Global Fund' was openly taking bribes. Their defenders are in denial to this day.
Nobody can come up with an innocent explanation for why the bribe flow went to 0 after she lost. But they continue to defend it.
Tattoo that defense on their foreheads. Make them live the rest of their lives, embarrassed by their stupidity.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
I'm selling all my gold bullion and bitcoin and investing today in this amazing new opportunity.
Remember when we used to have categories? Real categories and not stuff like Medicine and Chemistry which are industries, not proper categories like we had in the old days.
If you must moderate, please moderate as irrelevent, not something bad, because I'm sure someone will find this interest
...sharing a cell with hillary
Founders in SV wear failure like a badge of honor. Somehow, a founder with a failure story is more credible. I'm sure she will get some money and then follow up with another failure story. She has about 30 more startups to go before she gets lucky.
it's so funny to see them throwing their weight around right out in the open. They used to at least be discrete about it. I can't blame them though. The working class seems to have given up all pretense of holding them accountable. At least so long as they don't look like those "coastal elites" (read: scientists).
Seriously, these guys were faking blood tests. People could have died. They should be in jail.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Good night, sweet prince...
This is what happens when you blindly #trustawoman
Commit fraud and put people's lives in danger: go to jail.
Commit fraud and put people's lives in danger while running a company and appearing on magazine covers as "the next Steve Jobs": suffer a fine at best, and continue to walk free where you can go on to launch new "innovative" start-ups.
The system is f*cked.
I'm sure she will somehow succeed in convincing someone to hand over millions of dollars, especially if venture capitalists like Tim Draper (an early Theranos investor) are still out there saying the stories by Carreyrou were wrong (they weren't), and that Holmes was on the precipice of saving the world (she wasn't) before the media came after her.
People don't like (or want) to admit were/are wrong -- themselves or about others. example
It must have been something you assimilated. . . .
They on average have double the returns of male founder counterparts per VC dollar investments. Now is that because they are better or that investors are more picky about investing in companies with female founders.
How come this scammer is yet to be prosecuted?
Elizabeth Holmes is not a female.
I thought this was really good coverage of Holmes and the Theranos story: Here, Nick Gillespie interviews John Carreyrou, the investigative reporter from the Wall Street Journal who broke the Theranos scam story and has a new book out about it called Bad Blood.
Ceci n'est pas une signature.
The irony is all the MRA alt-right snowflakes forget this is what their Daddy trump is all about and are crying because it's a woman failing up this time. Waaaaaahhhhh!
She tells blatant lies. Her lies change over time and she can't keep them straight. She repeatedly commits fraud. She pretends to create products that turn out to be utter crap. She fed tons of false stories and press releases to the press. She blames other employees for problems with the company she ran. She silenced anyone in her company who dared to challenge her lies. When her company went under, she showed absolutely no concern for all the people who lost their jobs. She also showed no concern for patients whose test results were faked. Now, after the previous company collapsed, she hasn't even waited for the dust to settle before demonstrating that she expects people to hand her money for her next start-up.
Basically, she's Trump. Why isn't she President yet?
Get your tattoo. Be proud of your willful ignorance.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
Fucking stupid
There's a sucker born every minute
Greed is the root of all evil.
... of a public company (SEC statement, but I guess that doesn't mean she can't wander around and raise money for anything else as a private company representative...?
#theranosdemandsyourinvestment
Who does she think she's kidding, I mean, seriously? Enough fucking said.
Sure, I've got a million or two I can afford to throw away on this con-woman's pie-in-the-sky bullshit.
Just cruising through this digital world at 33 1/3 rpm...