J U S T Bankrupt my shit up pham

forbes.com/sites/matthewherper/2016/06/01/from-4-5-billion-to-nothing-forbes-revises-estimated-net-worth-of-theranos-founder-elizabeth-holmes/?linkId=25069850#6ac335a42f29
>From $4.5 Billion To Nothing: Forbes Revises Estimated Net Worth Of Theranos Founder Elizabeth Holmes

Why they gotta hate on a sista tryna get hers? Forbes be trippin

Other urls found in this thread:

chrome.google.com/webstore/detail/forbes-splash-screen-bypa/gjiddhnfkgbnnhbghaacfofkopmgleij
en.wikipedia.org/wiki/Theranos
youtube.com/watch?v=-tjvjJEL3tQ
twitter.com/SFWRedditVideos

>anti-adblock in place
can you give me a precis?

The value of Theranos has been massively revised in the wake of allegations that their blood testing tech is pure bullshit and snake-oil so analysts expect it to all come crashing down leaving her with literally nothing once all the priority shareholders have been paid.

Thanks.

If they've been falsifying/misrepresenting what they did then they deserve everything they get imo

>women in tech.
>women.

Aren't the soldering spots on a mainboard on the backside and why would you even use a soldering iron on a mainboard.

At least she's wearing the glasses.

>no ventilation in place near the operation
Enjoy your lungs.

>This Autism

That's a goddamn stock photo that there just for demonstration. As cringe inducing as it is, it isn't supposed to be 100% technically accurate as long as it's contextually relevant.

Pretty much every goddamn day at work we are reminded that safety is #1.

You'd never see a picture like that in our buildings unless it had a big red "STOP! AND THINK" next to it.

Yeah but what does it say about "wymn in tech" campaign if they aren't even able to make a decent poster.

I've never soldered, but why does the iron reach all the way up there anyway? Are there cases where you want to use that part? Or is it for some other reason?

She'll be fine all she needs to do is find one of the rich guys she was working with give up the pussy and be a good wife.

she will be in jail

>At least she's wearing the glasses.
Is this a meme? I've never worn eye protection for soldering. Can something bad happen?

>not considering that this probably came from the "how not to operate a soldering iron" handbook

aaaaaaand noone cares

because you have no idea what it is right? it's one of the biggest cons of the decade and it's right out of silicon valley

they want you to wear eye protection for basically everything now, its 100% required for my job for instance, which has like 0.1% risk of anything ever going in my eye. It wouldnt surprise me if in the near future you start seeing them try to push it for people to wear in the kitchen while cooking

There's an impossibly small probability that you might send a solder blob flying into your eye

Conned who?

Fuck.

I touched one of those when I was 3 and my dad was stupid enough to leave it around. That picture hurts physically.

investors and customers/regulators (pretty big deal considering it is medical)

Me too (it was the plumbing type though)

>i don't know what stock photos are

How does someone as stupid as you get a job?

You know this isn't right? You're not even close.

lol wtf are you trying to say?

Anyway I read this interview she did back in 2014 and thought it was pretty fucking sketchy.

>In high school I began thinking about how to apply some of these ideas toward building a company and started that around a concept I had for the distribution of C++ compilers, software programming. I had grown up learning Mandarin and realized that these universities in China didn't have access to the same type of technology that we do, or did at that period of time. So I started to think about how you could apply some of these ideas in a business framework, and then ultimately, of course, when I left Stanford to start Theranos, really began to apply those concepts.


Why the fuck would you "distribute" C++ compilers? And it makes no sense these Chinese universities didn't have access to C compilers. Kinda thought she was a total hack.

Reminds me of the guy who claimed to solder CPUs or some shit a while back.

Shit. Is she going to get v&?

tbhfam i had really high hopes for her since as much I hate the average preachy, self-righteous SJW assault on tech, i was sorta getting tired of just how much of a boys club silicon valley billionairedom is.

>about "wymn in tech" campaign if they aren't even able to make a decent poster.
You do realise that that's NOT a woman in tech poster, right? That's a stock photo from a company that also has plenty of pictures of men doing the exact same thing, also hilariously wrong.

I agree that there's a lot wrong with extreme tech and this whole "But girls in tech!" stuff but seriously, we at least have to be better than them and not make up straw men that make us look like idiots.

Well, there shouldn't be any bilionares anyway.

holmes isn't even a woman. have you heard her voice? it's as deep as the bottom of the ocean!

Why does she sound like a man?

Fuck off Marx

This is it guys, this is the end of the fucking tech boom now.

All of these shitty meme startups with no real product will start falling down now, it's the beginning of the end for SF and those shitty brogrammers

It's to regulate and dissipate heat. If the plastic handle ran the whole length it would melt. And in order to maintain the required operating temperature of the tip (400C?), this allows for a greater margin of error/less accuracy required in the components handling the temperature, almost certainly meaning a cheaper marginal cost per unit.

chrome.google.com/webstore/detail/forbes-splash-screen-bypa/gjiddhnfkgbnnhbghaacfofkopmgleij

They make children wear eye protection when colouring in these days.

>women CEOs

That estimate could be grossly inaccurate. There are secondary markets these days where founders can cash out before an IPO event. They also have the option (typically with board approval - usually not a problem) to sell some of their shares to next round investors. I would think it is unlikely that she did not take advantage of these channels to take out at least a few million along the way.

>noone

Millennials, everyone

Daddy and husband and the state will provide for her. This is why women should never run companies. They always have a safety net, especially if they are attractive, and this leads them to not really care of the company succeeds or fails. It's like putting a small child in charge of a company.

that was Ahmed the Clock Inventor

>CEO
she's a ponzi scammer not a CEO, she'll probably get v& for not paying the shareholders or disappear

Most of the popular startups actually do have a product/service though. Their problem is usually that they don't know how to make a profit with it. Even Facebook and Amazon had/have that challenge.

This. I've seen stock photos full of guys which were even worse in depicting some activity yet i didn't sperg out since it was obvious that it was the picture was there merely for context and not as a textbook-correct diagram on how to do things. You have to be really reaching here to use that picture as a weapon against "dumm wimminz"

So what is this bitch selling with her company? Does it have to do with finger-prick blood tests or something?

All I'm reading is just about her stakes, shareholders, and other boring money shit.

>Her voice
>Marrisa Mayers laugh

Are there any bigshots in this industry who are just normal? All the men are socially retarded sperglords or neurotic lunatics like Musk, and all the women seem to be mentally/behaviorally defective.

>Does it have to do with finger-prick blood tests or something?
yeah it's exactly that, she was shilling that shit all over american tv shows for months to bait some idiots with money
turns out she was just using the standard siemens machines that she said she could render obsolete

en.wikipedia.org/wiki/Theranos
>The Wall Street Journal, quoting many unnamed current and former employees, reported that Theranos's flagship Edison testing device might provide inaccurate results.
> Moreover, the bulk of the blood tests being performed by Theranos were reported to be conducted on traditional machines of competitors' companies, such as Siemens, rather than its own Edison machines. Theranos attacked the Journal, but did not refute any of the allegations.

>Little information is publicly known of the process Theranos uses to test blood in its proprietary Theranos Edison blood testing device. Theranos' device design uses a fingerstick to draw a microlitre sample of blood into a disposable cartridge, which is loaded into the device's "reader" for analysis; results are sent wirelessly from the reader to a secure database, from there they go online to the patient or patient's physician.

>The technology used in the Theranos device has not been scientifically peer reviewed, but in response to the Wall Street Journal's revelations, on 27 October 2015 Theranos promised to publish its testing results data for scientific peer review. As of February 2, 2016, Theranos had yet to begin the validation study that was to be carried out by the Cleveland Clinic, and declined to announce a date when the study would begin. In May 2016, Theranos announced that it had voided two years of results from its Edison device

top wew la. If Wikipedia is to be trusted, then safe to say that this is really discouraging information.

*female CEOs
You fucking third grader.

>persons of vagina CEOs
>you fucking cislord!!

So how did the company get so big in the first place? Is the current method for blood testing really that bad?

>implying men don't shit talk other men all day
Fuck off white knight faggot. This is the kind of bullshit that makes women just a fucking buzzkill when they are involved in anything other than getting fucked, cooking, or cleaning, they can't handle the banter and then yell rape until someone gives them what they want. The same behavior as a child throwing a temper tantrum. If women want to be treated like men then they need to learn to man the fuck up and quit their whining because there's no crying in baseball you spolied cunts!

she shilled it all over american media, she's just the visible head but there's obviously a whole bunch of kike scammers behind her that paid the media to allow her shilling

I'd hit that

I have 1 buck for your net worth
suk ma dic

Currently if you want to run a battery of blood tests, it requires a significant amount of blood to run through the different processes.

Theranos promised it had a proprietary method which would allow you to run the same tests on the blood contained in a finger prick rather than filling a whole vial intravenously, and that it could analyze the blood samples for a fraction of the cost of current methods. Because it would be both more cost effective and expose hospitals to less liability in patients having complications with large blood withdrawals, it was expected that hospitals around the world would adopt their technology; hence the explosive valuation.

>femnigger

every valuation means shit. every single one.

>femnigger
Never forget

I'm not trying to be a Sup Forumstard or anything but is she a tranny?

We don't know tbhfam

I guess /etc/hosts is master race. I can see the page and can't see ads. It's too bad Forbes is shit. There is nothing interesting on that page.

>webdev 7/10 black chicks

Meeting sooo many of these lately in RTP. It's a welcome change from the Pajeet hordes who flooded the area 2-3yrs ago.

I so rarely want to go on Forbes or other adblock-walled sites that it isnt worth the effort for me

Holy shit it actually does.

>it

ANUN BLS.

>losing that much net worth in a day

Is there any way in which she can salvage it?

womyns can't into business. only good for the kitchens

>she
>womyns
in what world does "elizabeth holmes" qualify as a woman when he *looks and sounds* like a transvestite?

DUMB BITCH
U
M
B

B
I
T
C
H

I remember reading about her a while ago maybe a year or 2, news networks were touting her as the next big thing, I think I read about her being highly ranked as geniuses under 30 or something.

She was the poster girl for fem in stem. Not sure how I feel about her being exposed. I have young girls in my family that I hope will get into stem. But you have people like this, and Kaylie Kross (another fraud) that are prominent in the public eye for stem and they give women a really bad rep.

You might want to get into hard to reach places and a long iron would reach better like having a long screwdriver over a stubby.

I read another interview of hers a fews years ago that had me like "wtf, that makes no sense" but I was comparatively tech illiterate back then and just assumed it went over my head.

I wish I could remember it exactly would probably give me some good lols now.

>Sup Forums immediately questions her gender
FFS

she's hot, she'll be fine

post pics

Sup Forums can't deal with people they think of as lesser than them (women, minorities, etc...) being better than them, and they (rightly) figured that the disgraced founder of a biotech company has done more than they have.

>silicon valley billionairedom
You must be deluded out the ass to think techies are billionaires.

The people in tech are at the bottom of the 1%. Richer than the 99% but the real billionaires would laugh you off their private islands. The real money lies in organized crime AKA finance/investment.

>women
>CEO
hahahah

rip to whatever gay ass biotech company she tried to run

low IQ female scum

tits or gtfo cunt

>J U S T Bankrupt my shit up pham

i love Sup Forums

i'm a white male. i'm just not crippled by self-loathing, so it's pretty clear what's going on with Sup Forums

I'm disappointed honestly, it was such a cool concept. Cheap quick and painless blood tests were too good to be true.

Yeah, this.
Suck a dick. If brilliant, smart hard working people had more opportunities and will to change the world like elon musk, we could live in a utopia humanities potential would be limitless. Instead we have fucking billionaire scum fighting over inheritances and building casinos like leeches. And this is just in Australia.

Holy fuck that voice.. She sounds like a pretten trying to sound manlier. Or a transgender on hormones. And she looks like a mouse.

RTP?

I love cute black chicks where can I find some?

She looks so funny in those interviews wearing that black turtleneck sweater like she really thinks she's the female Steve Jobs of the medical industry. Crazy how many women CEOs are failures and outright frauds.

I wonder when Anally Newitz will write a scathing article about this topic, surely it's on it's way any time now....

Can you imagine crashing and burning as hard as this bitch?

She lied to the media and did as many interviews and speeches acting like she was Einstein Jesus as she possibly could. The level of fucking hubris is off the charts here. She failed so fucking spectacularly I don't think many people on Earth could equal this if they tried.

>and all the women seem to be mentally/behaviorally defective
So just women then.

Ausfag here, been traveling round South America for a while now and the more I read about this shit, the less I want to return and get cucked by the Sydney housing market.

>plugged in or on
so she'd have 3rd degree burns if it was on but not plugged in?

or if it was plugged in but off?

construction is booming big time. Hopefully that will bring down prices. as long as we stop fucking importing fugees.

I'm laughing my ass off watching videos of this chick on youtube from a year or so ago being inspirational and telling people how to be a winner.

youtube.com/watch?v=-tjvjJEL3tQ

nah it's her deep voice. I've never heard a woman with a voice as deep as hers

Maybe 2016 will be the year this poor wizard gets a date!

>Man scams billions of dollars out of investors
What an asshole

>Woman scams billions of dollars out of investors
Women can't into business

Just another bubble, she was silicon valley's protégé poster child

That was actually a pretty good speech. It sounds like she needs to spend another 10,000 hours learning about stuff though.

Also Ausfag, in US. Tone Abet and Malcom in the Middle, and the shitty IT market are keeping me here.

Also, dat exchange rate

Oh fuck off, you white knight faggot

I just completely lost it, I saw an interview she did and I can not stop lololing, surely she is some fictional villain in a B rated movie and not an IRL person