This just hit the wires – – someone managed to sneak a video from inside Theranos of someone playing the “Kill John Carreyrou” game the employees had made, Space Invaders-style. A reminder that Mr. Carreyrou was the multiple Pulitzer Prize-winning journalist who uncovered the huge scam run by Elizabeth “Crazy Eyes” Holmes and Sunny “Headin’ to Court” Balwani.
One of my favorite Steve Jobs stories is, in the early 1980s, Adam Osborne kept bad-mouthing the secret Macintosh project the company was working on. Osborne even started harassing Jobs about it at a trade show, when Jobs purportedly said, “Adam, what we’re working on is so great that even after it puts your company out of business, you’re going to buy one for your daughter.”
Feel the burn! Oh, and most of you probably don’t remember Adam Osborne………..which is partly the point.
Anyway, I think it’s cool to retort with something positive and constructive (even if it stings) instead of lashing out ad hominem against those doing the criticising. Which brings me to one Mr. Musk, who seemS to have become completely obsessed with bashing short-sellers. I mean, the guy is a multi-billionaire, has three big companies to run, and yet he actually takes the time to “block” people on Twitter who question the Tesla share price. One quick glance at the press recently shows a theme:
A thoughtful Sloper sent me a video of another person who got really hung up on short-sellers……..
At the risk of getting all Holden Caulfield-y on you, I really hate phony. Anything fake or phony drives me to distraction. Dyed hair. Insincere compliments. Ulterior motives. Plastic surgery. Anyone or anything constructing a facade just rubs me the wrong way.
And that is the principal reason I have written so many posts about Theranos (this is my eleventh one) even though it was never a public company and there’s nothing to chart about it. Some have even wondered out loud if I’m obsessed with Elizabeth Holmes. Far from it. First off, take my word for it, she isn’t my type, and secondly, I don’t get all tingly about baritone-voiced business criminals. Never been a turn-on. Honest. (more…)
I saw a headline on December 24 which put a damper on my Christmas Eve:
Ummm – – so why on earth would this bug me? I don’t have a dog in this fight. If Theranos goes bankrupt, it doesn’t hurt or help me one bit. If they become the most valuable company in the world (ha!), the situation is the same. Utterly neutral and meaningless. So why should I care?
Those of you who have ever seen Fiddler on the Roof probably remember the line from Tevye, “When you’re rich, they think you really know.” That certainly applies here in the Silicon Valley, as the words from billionaires – – no matter how wrong-headed or goofy – – get a lot of attention and respect.
Tim Draper is a big venture capitalist here, and among such stellar investments as Tesla and Skype, he also put cash into the clunker Theranos, whose bankruptcy (to my mind at least) seems virtually inevitable. Instead of being quiet on the Elizabeth Holmes debacle, he has instead painted the company’s failure as some kind of anti-feminist conspiracy against Ms. Holmes, instead of a simple matter of outright fraud.
I have made no secret of my disdain for Theranos and Elizabeth “Crazy Eyes” Holmes by way of these six past posts. While driving through town, I passed by the gorgeous and expensive Theranos building, and yesterday I decided to swing into the parking lot. I was curious, because the one and only other time I had been there, it was totally empty, which I found bizarre for a weekday. But I swung into again and…………