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Theranos: Elizabeth Holmes

PostPosted: Sat Mar 17, 2018 11:44 pm
by Strange


Absolutely amazing "success" story based purely on the power of hype alone.

Re: Theranos: Elizabeth Holmes

PostPosted: Sun Mar 18, 2018 3:09 pm
by Peacedog
Yet another confidence hustler taken down by science.

If it’s too good to be true, it probably isn’t.

I’m sure women’s studies majors somewhere are whining about how the patriarchy was involved in a conspiracy to take her down.

Re: Theranos: Elizabeth Holmes

PostPosted: Sun Mar 18, 2018 5:46 pm
by Strange
yeah i was thinking about that last point you mentioned.
mang, the widget has got to work first!

to me it was a truly amazing to see how a person can play to established
archetypes, both in terms of looks, presentation and narrative,
to win over followers.

It is even more mind-blowing that she herself may have internalised
and used archetypes to overcome the dissonance in her own mind.

Personally, i reach a new level of understanding about the power
of greed (to succeed) in the mind... that it can even overcome and
alter a person's training and good sense.

As news reports summed up more succinctly: you cannot build a company
on something that will work someday.

Re: Theranos: Elizabeth Holmes

PostPosted: Sun Mar 18, 2018 6:42 pm
by Peacedog
The thing about “good” liars and confidence hustlers is that they tend to believe what they are saying when they say it, even if they know it’s not true.

Re: Theranos: Elizabeth Holmes

PostPosted: Mon Mar 19, 2018 5:58 am
by Peacedog
My main complaint with how this turned out is that she didn’t do any hard time.

As someone who has been involved in releasing a new product to the market, it is impossible to describe to people who have never done this just how hard it is even when the product works.

Every time someone like this chick rips off investors it makes it much harder for everyone else to succeed.

Re: Theranos: Elizabeth Holmes

PostPosted: Mon Mar 19, 2018 7:08 am
by Bao
Peacedog wrote:Every time someone like this chick rips off investors it makes it much harder for everyone else to succeed.


I don't think so. It hurts the scam-artist in the long run and it hurts the stupid investor-in-charge who should have known better. But mostly investors know the risks they take and they most often have very good experience and understand what to invest in and not.