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| “The company is all hot air.” (comment) | ||
| recommended by 4 users | 2013 | medman77 on: Theranos | aged well | corporate fraud | original thread | | ||
| medman77 on Sep 8, 2013 | on: Theranos | view on HN | ||
| 4 users recommended this comment. What they said: |
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aaron695 Jun 7, 2018 | on: We Shouldn’t Be Surprised at the Theranos Fraud | context | aged well
Comment from the oldest HN article I could find - https://news.ycombinator.com/item?id=6349808 NO one refuted it. The issue is not that smart people didn't know, it's so many people can't see the obvious. Assuming the comment is ordered correctly it's the masses with the problem. Valid concerns were raised, no one could defend them, but the comment was left at the bottom. HN, like the media has flaws that don't allow it to correct at even a snails pace. But if you're smart it's not hard to see the truth, hard part is making money, it was fake from the beginning but who would have thought it'd take so many years to fail in RL. Knowing when to bet against it is the hard part. IE. Magic Leap will fail, who knows when though. |
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rrdharan Jan 4, 2022 | on: Elizabeth Holmes found guilty | context | aged well
Great / prescient comment here: https://news.ycombinator.com/item?id=6349808 |
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gopled Nov 18, 2022 | on: Elizabeth Holmes is sentenced to more than 11 years for… | context | aged well
This guy called it back in 2013: https://news.ycombinator.com/item?id=6349808 The whole thread is an interesting read in retrospect, quite a mix of effusiveness and skepticism: https://news.ycombinator.com/item?id=6349349 |
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jimbob45 Dec 7, 2022 | on: Theranos exec Sunny Balwani sentenced to 13 years in prison | context | aged well
I've been waiting for a Theranos post to dredge something up. On a very early Theranos post in 2013, there was a commenter who identified the company as a scam several years early. Naturally, they received minimal attention. Interestingly, though, it was the only comment they ever made. I've wondered if it was a disgruntled insider wanting the truth to come out. |
| Also recommended by people who recommended this: | ||
| 1. | Theranos (theranos.com) | |
| recommended by 5 users | 2013 | 211 points by car | original thread | | ||
The company is all hot air. They have a board full of retired military figure heads that have no experience in medical devices or retail services. Additionally, they do not have any products to show. Look at their patents. They are all very general and broad. There has been NO FDA CLEARANCE for anything they are doing, which raises legal questions. Speaking of legal, search for lawsuits they are involved in. Their core technology is not even theirs. They stole it from someone else.