Elizabeth Holmes urged employees to hide Theranos’ lab equipment from inspectors

Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by mrkramer on Wednesday September 29, 2021 @01:10PM (#28696679)

WeWork and Theranos were selling hype no real solution or service. They seem like companies from dot com bubble era, I thought tech investors got smarter but they are still as stupid as they were 30 years ago.

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Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by jollybean on Wednesday September 29, 2021 @03:47PM (#28698934)

WeWork is different than Theroanos.

People actually rented WeWork properties and got a valuable service.

The problem was more or less shenanigans on the Exec. side, and unsustainable financial situation.

In that case, the 'consumers' actually end up ahead, with a cheaper services than otherwise, then investors lost.

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Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by HWR_14 on Thursday September 30, 2021 @06:12AM (#28704730)

>WeWork is different than Theroanos.

From my understanding, WeWork was more of a working business that was overvalued and had a lot of self-dealing with the CEO (which I would characterize as embezzling, but may not legally have been.) Theranos invested their money in trying to make an impossible product, lying and failing at it the whole time.

But I could be wrong, sensationalist news headlines and such.

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Re:Elizabeth Holmes urged employees to hide Theranos’ lab eq... by jollybean on Thursday September 30, 2021 @07:15AM (#28705060)

I believe this is correct.

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