- cross-posted to:
- chapotraphouse@hexbear.net
- cross-posted to:
- chapotraphouse@hexbear.net
The partner of Theranos founder Elizabeth Holmes has raised millions of dollars for an artificial intelligence startup hoping to introduce a product that can be used in medical testing and other settings, according to two sources with direct knowledge of the endeavor who could not speak publicly because the company has not yet officially launched. The company is called Haemanthus, which is Greek for “blood flower.”
This makes as much sense as Tesla’s revenue dropping by 70%, yet the stock went UP!?!
At this point it’s either insane stupidity or insane fraud. And I’m not sure which I’d prefer.
The unbridled free market is truly the best and most efficient way to organise an economy.
Here we go again. Round two.
Venture Capitalists Never Learn ep. 8411