Originally published at: Fecal testing startup in deep sh*t | Boing Boing
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Somedays the headlines just write themselves…
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Getting this moving should have been alimentary.
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I was going to make a disgusting bowel movement pun here, but that would just be forcing it.
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I think that headline is missing some punctuation; maybe a :
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Attention biotech startup founders: Elizabeth Holmes is a crappy role model. One way or another, investors soon realise that they’re throwing their money down the toilet.
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Investors don’t feel flushed with success when they watch their money going round the u-bend.
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The whole idea is just a crock of
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Bullshitters; something, something…
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So, everything going exactly as planned then?
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Sucking money out of investors and private health insurance companies sounds pretty commendable to me.
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That’s it. We can all go home now. Euan has won. (Plus he deserves a Pedant Pendant.)
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This is certainly not a well-formed company, which means they’ll probably pass all the faster.
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THERANOS WANNABES
*Theiranus, surely.
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They’re just pissing it all awa…oh, dammit!
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So defrauding the healthcare system netted no charges until rich investors started to complain about THEIR money. Yep, we’re in late stage capitalism.
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They should have been ready to evacuate their positions before they were wiped. Spend-a-penny stocks can be very volatile. You can easily lose your ass.
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They should have seen the writing on the wall when the judge ruled that the CIA’s use of their fecal recognition software was an invasion of privacy.
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