Theranos Bleeding Bad News

Posted by freedomforall 8 years, 2 months ago to Business
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I recall a lot of praise for this startup technology here in the gulch late 2014:
https://www.galtsgulchonline.com/post...
I wonder if this is:
1) a technology problem
2) a government shakedown
3) a Wall Sttreet short play

Anyone here have any insight?
SOURCE URL: http://davidstockmanscontracorner.com/another-unicorn-hits-the-wall-why-theranos-is-bleeding-bad-news/


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  • Posted by $ WilliamShipley 8 years, 2 months ago
    I have always had my "spidey sense" active about this. If the technology was that successful, I would have expected rapid growth to take advantage of the innovation.

    Instead after a big splash they seemed stagnant. I suspected they were sending a lot of their work out at a loss and couldn't afford to bleed more revenue.

    Add their heavy security and things don't seem right.

    Of course, some day someone will really do this.
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