IanMan Report post Posted June 2, 2016 That's a pretty far distance to fall. I was originally excited for her and her accomplishments when she was first in the news a few months ago, but you would think with having a company with a net worth like Theranos did you would take some time and money to put in place proper safeties and ensure guidelines were being met. http://www.vanityfair.com/news/2016/06/eli...olmes-net-worth Quote Share this post Link to post Share on other sites More sharing options...
Assman Report post Posted June 2, 2016 I wanted to hit it. Now I still do but w not as much fervor. Quote Share this post Link to post Share on other sites More sharing options...
Supercar Ace Report post Posted June 2, 2016 I wanted to hit it. Now I still do but w not as much fervor. You wanted to know what it felt like to cum into money? Quote Share this post Link to post Share on other sites More sharing options...
MrDoctor Report post Posted June 2, 2016 I wanted to hit it. Now I still do but w not as much fervor. GROSS! Have you heard her talk? Deeper voice than me (sadly). TBH, there is a lot of potential in the private blood testing business. I think a lot of people that get into it don't necessarily understand it though. But... CA, horrible place to try to "disrupt" healthcare. Good luck. Quote Share this post Link to post Share on other sites More sharing options...
Robster Craws Report post Posted June 2, 2016 I wanted to hit it. Now I still do but w not as much fervor. Pretty much just a pity pound at this point Quote Share this post Link to post Share on other sites More sharing options...
Rawr Report post Posted June 2, 2016 I wanted to hit it. Now I still do but w not as much fervor. Well, you won't be hitting the jackpot anymore. Quote Share this post Link to post Share on other sites More sharing options...
TeeTruss Report post Posted June 2, 2016 I wanted to hit it. Now I still do but w not as much fervor. Quote Share this post Link to post Share on other sites More sharing options...
Smash Boy Report post Posted June 2, 2016 Scary humbling experience. I never understood how companies could be worth so much without making money. Sure, I get it.....potential.... But then this happens. Now what?? Was there a way in hindsight she could have cashed out something and ran with it? Quote Share this post Link to post Share on other sites More sharing options...
Assman Report post Posted June 2, 2016 Scary humbling experience. I never understood how companies could be worth so much without making money. Sure, I get it.....potential.... But then this happens. Now what?? Was there a way in hindsight she could have cashed out something and ran with it? The only way is to sell the company otherwise unrealized gains are unrealized. My parent's friends put 1mm in their son's company and it went public and their shares became worth $30mm. Then the company went bust with the tech boom and they were lucky to get their 1mm back. Quote Share this post Link to post Share on other sites More sharing options...
WheelsRCool Report post Posted February 24, 2017 GROSS! Have you heard her talk? Deeper voice than me (sadly). TBH, there is a lot of potential in the private blood testing business. I think a lot of people that get into it don't necessarily understand it though. But... CA, horrible place to try to "disrupt" healthcare. Good luck. Just watched video of her, her voice seems very unnatural for how she looks, like she is a transsexual or something. Quote Share this post Link to post Share on other sites More sharing options...
MrDoctor Report post Posted February 24, 2017 Scary humbling experience. I never understood how companies could be worth so much without making money. Sure, I get it.....potential.... But then this happens. Now what?? Was there a way in hindsight she could have cashed out something and ran with it? Old post, but couldn't agree more. I'm waiting for more companies like this to go under. The problem with this company is that they were BLEEDING money. They had TONS of it. But, couldn't raise more. They were handing it out to anyone, throwing it at them. I advised someone to take a job there. Told them to make as much $ as possible and GTFO. They did. Quote Share this post Link to post Share on other sites More sharing options...
abolfaz Report post Posted February 24, 2017 Old post, but couldn't agree more. I'm waiting for more companies like this to go under. The problem with this company is that they were BLEEDING money. They had TONS of it. But, couldn't raise more. They were handing it out to anyone, throwing it at them. I advised someone to take a job there. Told them to make as much $ as possible and GTFO. They did. I'm stupid, I don't understand how a company like uber can lose $1b per year and still be worth so much? Quote Share this post Link to post Share on other sites More sharing options...
MrDoctor Report post Posted February 25, 2017 I'm stupid, I don't understand how a company like uber can lose $1b per year and still be worth so much? Tell me about it. Wish I had an idea for a company a couple years ago. I missed the gravy train in my own backyard, twice. wtf ! It doesn't matter what they lose, it's all about what investors think they will be hopefully worth one day. So. that's why they are valued at so much. Their actual worth though, is a different story. They are throwing money into growth while not making much. They just keep raising money. Big dogs invest, more big dogs want to invest also so they don't miss out. Then that hurts the competition, no one wants to invest in anything but Uber. So, Uber pretty much has a monopoly. Throw in some self driving cars, game over, that's where the profit starts. As of now, all I know is I took Uber pool to and from the bar last weekend and it was $10 for a round trip. Obviously they aren't at the stage yet where they make $. Quote Share this post Link to post Share on other sites More sharing options...
Fortitude Report post Posted February 25, 2017 Youtube is where people should look and realize that massive usage doesn't mean massive profitability. Same shit is going to happen with Amazon and Uber. Quote Share this post Link to post Share on other sites More sharing options...
WheelsRCool Report post Posted February 25, 2017 Amazon has been profitable for years now hasn't it? It took roughly a decade to become profitable though I think. Don't know anything about Youtube or Uber, but I hope Youtube is profitable as that is almost like a utility now. Quote Share this post Link to post Share on other sites More sharing options...
emanon Report post Posted February 25, 2017 Youtube is where people should look and realize that massive usage doesn't mean massive profitability. Same shit is going to happen with Amazon and Uber. Amazon is hugely profitable, the biggest reason it hasnt shown in earnings is their insane reinvestment strategy. They turn a multi-billion dollar profit anytime they want. Last year was around $2B iirc, including reinvestment of over $6B. Read their 10k and it makes a lot more sense. Quote Share this post Link to post Share on other sites More sharing options...
Dr. Noisewater Report post Posted February 26, 2017 Fortitude, providing some fact based logic that backs up your statement about Amazon would be far better then posting comments that amount to flushable diarrhea. To many people spout out useless info masquerading as fact.. Quote Share this post Link to post Share on other sites More sharing options...
Fortis Report post Posted February 27, 2017 Fortitude, providing some fact based logic that backs up your statement about Amazon would be far better then posting comments that amount to flushable diarrhea. To many people spout out useless info masquerading as fact.. Ok this is nothing against Fortitude but this comment made me LOL and I think it's worthy of recycling Quote Share this post Link to post Share on other sites More sharing options...
Nicke Report post Posted February 28, 2017 Some food for thought Quote Share this post Link to post Share on other sites More sharing options...
IanMan Report post Posted April 6, 2017 Latest news says she now owes over $25,000,000. Not a good place to be in. Quote Share this post Link to post Share on other sites More sharing options...
Assman Report post Posted April 6, 2017 Latest news says she now owes over $25,000,000. Not a good place to be in. Im glad I didn't make her a baby momma. Quote Share this post Link to post Share on other sites More sharing options...
IanMan Report post Posted April 6, 2017 Im glad I didn't make her a baby momma. You still should have got with her and abandoned ship right in time. Quote Share this post Link to post Share on other sites More sharing options...
TestShoot Report post Posted April 6, 2017 You still should have got with her and abandoned ship right in time. pump and dump Quote Share this post Link to post Share on other sites More sharing options...
IanMan Report post Posted February 4, 2019 Has anyone seen the most recent news on this? It's insane. Absolute psychopath. Quote Share this post Link to post Share on other sites More sharing options...
alpha6164 Report post Posted February 4, 2019 Article says she is now worth only $800mil compared to $9b before. If $800 million is considered broke then I need to just jump off the nearest bridge lol Quote Share this post Link to post Share on other sites More sharing options...
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