Techmeme

Seven results:

Maxwell Strachan / VICE:
The pivot to Web3, driven by ideology rather than utility, is akin to a “collective Theranos” that is warping the economy to benefit professional investors   —  It can feel as if the entire world is bolting on crypto tokens and NFTs.  Many in the industry worry the gold rush is akin to a …
Jun 4, 2022, 1:00 PMIn context
John Carreyrou / Wall Street Journal:
Theranos says it will formally dissolve, in an email to shareholders, and says it will seek to pay unsecured creditors its remaining cash in coming months   —  Firm, tarred by scandal, will pay creditors its remaining cash  —  Theranos Inc., the blood-testing company accused …
Sep 4, 2018, 11:15 PMIn context
U.S. Securities and Exchange Commission:
SEC charges Theranos, CEO Elizabeth Holmes, and former president Ramesh Balwani with defrauding investors for $700M+; Theranos and Holmes have settled   —  Holmes Stripped of Control of Company for Defrauding Investors  —  The Securities and Exchange Commission today charged Silicon Valley …
Mar 14, 2018, 1:28 PMIn context
Josh Constine / TechCrunch:
uBeam's former VP of engineering argues in 20 blogs posts that the company's technology won't work, says original CTO and new CFO have left   —  uBeam could be vaporware, according to a blogger claiming to be uBeam's former VP of engineering.  They accuse the startup of being unable to fulfill promises made about its technology.
May 11, 2016, 5:20 PMIn context
Garrett Reim / Los Angeles Business Journal:
After Theranos debacle, wireless charging startup uBeam faces new skepticism from experts   —  Skeptics Zap Wireless Charging  —  Meredith Perry has bold ideas.  —  For starters, there's her notion to replace intercity car commuting with rides on small personal blimps.
Nov 8, 2015, 3:10 PMIn context
Matt Rosoff / Business Insider:
Some VCs, appearing defensive, dismiss WSJ's reporting on Theranos, but should actually welcome investigative journalism   —  Some tech investors sure seem to be getting defensive lately ...  Nobody likes to be questioned.  —  But lately, some of Silicon Valley's big tech investors seem …
Oct 18, 2015, 2:55 PMIn context
Michael Moritz / Financial Times:
Like Theranos, many of today's tech “unicorns”, sheltered from the scrutiny of public markets, appear flimsy   —  The subprime ‘unicorns’ that do not look a billion dollars  —  It is easier to present an aura of invincibility as a private company, writes Michael Moritz
Oct 16, 2015, 6:50 PMIn context

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