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A comment on Theranos Low on Cash After Settlement with Walgreens.

Re:Theranos Low on Cash After Settlement with Walgreens by JumpCrisscross on Wednesday August 02, 2017 @12:05PM (#14911681)
"The embattled Silicon Valley firm told investors in June that it had about $54 million left on hand. It was spending about $10 million a month then, but anticipated further reducing its burn rate.

Theranos in June was seeking to raise about $50 million from existing investors. The company declined to comment on whether it had succeeded in doing so, or on its current cash position. It isn’t clear when Theranos will make the payments to Walgreens."

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Re:Theranos Low on Cash After Settlement with Walgreens by jackmott on Wednesday August 02, 2017 @12:13PM (#14911778)
Why would anyone give them money now?
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Re:Theranos Low on Cash After Settlement with Walgreens by Overtonwindow on Wednesday August 02, 2017 @12:18PM (#14911845)
Even if the technology was truly promising, and the company had a clear plan forward to develop and profit, I would not give them a cent so long as Holmes is connected to the company. She's far too much of a liability.
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Re:Theranos Low on Cash After Settlement with Walgreens by rpmcmurphy on Wednesday August 02, 2017 @12:48PM (#14912208)
But she wears a black turtleneck, just like Steve Jobs.
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