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There is damaged and there is zombie state. I suspect Theranos is in the zombie state, too wealthy to fold but it is really no longer alive. Damage you can recover from Theranos as a brand is so tainted that no other company with a successful line of medical devices will ever want to be associated with them for fear of getting contaminated by proximity, and no customers will sign on for fear of being used as a stooge in the next round of fraud.

Any acquisition of Theranos will be after the book is closed and the assets are sold off. People working there will likely have a big hole in their resume's that they'd rather not talk about.




From John Carreyou on June 22:

https://twitter.com/JohnCarreyrou/status/877499269191782402

>Theranos burning $10 mln a month, will have less than $30 mln left after Walgreens settlement. You do the math...

Liquidating office equipment:

https://twitter.com/startuplqdtr/status/873385484860313600


Is @startuplqdtr a Twitter parody site?


>People working there will likely have a big hole in their resume's that they'd rather not talk about.

Where's the line on this? Is Enron a hole on the resume? How about Arthur Andersen? Do companies like Uber make the mix?


I live in Houston. My general impression is that for a good long while, Enron was indeed sort of a hole in the resume for a lot of folks. (I never worked there nor represented them.)


Enron definite yes, AA to the point where people pretend that they never worked there even if you knew them back then. Uber not yet, but maybe one day.




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