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| Theranos Elizabeth Holmes sold compilers to China? |
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| MK14:
I think it is all too easy to over think or "engineer", ways in which she was telling the truth. Thinking about things, in more detail. I can't see how she could have done it as her own business, while at high school (if I understand things, correctly). Because the organisations which own the original software, wouldn't necessarily accept such a person to be one of their distributors. Surely she should have said the name of the owner of the C/C++ compiler, such as Intel, Microsoft, etc. Thinking about this further. I think that the independent C/C++ compilers, where they are sold. Don't have anything like the sales volume to pay for an independent sales entity (distributor). That is why, such things are usually sold, directly by the business (who wrote the compiler), often using internet pages. tl/dr If it was very expensive/big, they surely would have refused to deal with her (a high school student). If it was cheap, it couldn't have the resources to pay for distributors. So I think the story is sounding increasingly fishy (not 100% truthful). EDIT: But, as said by other(s), in this thread. We can never be 100% sure, either way. It is speculation, rather than innocent until proven guilty in August 2020 (at least one source seems to say, that is when the upcoming trial starts, on considerably more serious matters, than selling C/C++ compilers or not). |
| SiliconWizard:
--- Quote from: MK14 on February 28, 2020, 02:53:21 am ---Actually, the real life arguing over her, has got much, much worse than that. Would you believe, they are arguing over her family history, from the 1890's ? Source: https://en.wikipedia.org/wiki/Talk:Elizabeth_Holmes --- End quote --- Why am I not surprised? :-DD |
| edy:
Isn't there a trial coming up and what, if any, jail time is she facing for defrauding investors? And what about her CEO and love-interest partner Mr. "Sunny" Balwani who probably enabled the whole fiasco? I bet you her defence will argue she was naive and Balwani took advantage of this. She will wriggle out of it somehow with her puppy dog facial expression and altered voice, just wait and see. Just look at this photo... "I had no idea what was going on, it was all Balwani's idea... I am just as much a victim as everyone else": The defence will say... She was still a teen when she met Balwani, fresh after getting into university and then deciding to dropout, vulnerable and having no business experience, she became seduced by new boyfriend and much older Balwani with his MBA degree and his dot-com millions to pursue Theranos as a start-up... he groomed her into this role and he controlled all the investor financials, while all she did was work on the technology. Balwani will get the lions share of the sentence (jail time and penalties) while Holmes will get a slap on the wrist. Well played! The funny/sad thing is, if it hadn't gotten so big so fast and so greedy they could have probably duped quite a bit of money out of investors and walked away with several tens of millions each.. certainly good enough for a 20-something to live on for an entire life and more than most people would ever hope to earn an entire lifetime. And they probably wouldn't be in any real trouble... a lot of startups end up bilking investors and slowly fizzle. High stakes gambling... some make it and many lose. Honestly I don't think she had the intent to defraud initially but when she got wrapped up in the whole game and it took a life of its own, she didn't have the moral and ethical fortitude to put on the brakes. She went along and then began to even lie outright hoping the technology would eventually catch up with the expectations they had promised. |
| edy:
I forgot to mention, there may be some psychological personality issue involved. Here's the HBO documentary: [ADDED LATER:] By the way she is looking for investors for a new startup :palm: ... with Theranos either having already (or on the verge of declaring bankruptcy) and while she awaits trial this summer and may go to jail. I wonder if she will be able to run the company from prison? Maybe one of those country-club jails like Martha Stewart stayed in. It seems most of the money that poured into Theranos was from a bunch of rich people who probably deserved to lose it for not doing even basic vetting. That was just dumb, but hey they were hypnotized by Elizabeth's unblinking psychopathic glare and deepened voice. :-DD What Elizabeth Holmes should go to jail for is not that she took money from dumb greedy rich billionaire men... it should be to take responsibility for the fact that the company was irresponsibly dishing out medical lab results which were wrong and causing patient suffering and potential harm by having doctors rely on adulterated and inaccurate diagnostic data. Businesses fail, they screw up, they make bad decisions, they lose money, they go bankrupt, etc. Life goes on, people try again and maybe succeed the next time. But when the top executives and richest people in the organization are being warned repeatedly by workers and know they are producing erroneous life-changing medical lab results to clients, that is not just a business mistake... that is just immoral unethical deceit. Just take the quote from the following linked article: "Certainly when big investors lose money, it may not be a significant problem because they always seem to have more money,” he added. “But the larger issue involves patient harm. And, for many of the patients harmed by Theranos’ testing methods, that harm is lasting, whether it’s financial or physical." https://www.darkintelligencegroup.com/the-dark-report/laboratory-compliance/many-patients-harmed-theranos/ |
| Domagoj T:
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