...in this case, Forbes does.
Regardless of what's going on with Theranos, I think it says more about the ability of Forbes and other "experts" to pull numbers out of their butts than anything else. It's a privately held company and Forbes did not have access to the company's books.
I don't really give two figs, but the headline conjured up images of some big bully standing over a tiny woman, pointing at her and screaming "YOU'RE WORTHLESS!!!"
Edited to add: When I went to Bing and searched for "you are worthless" images, several pictures of her were in the top 25 or so. I guess that settles it! Thought I might a few of my own, but no such luck.
Quote:
Forbes: Elizabeth Holmes, once worth $4.5B, now worth nothing NEW YORK - Forbes has revised the net worth of the woman it crowned America's richest self-made woman last year from $4.5 billion to nothing. Forbes says its estimate of Elizabeth Holmes' wealth is based entirely on her 50 percent stake in troubled blood-testing startup Theranos. The company acknowledged in April that it's under investigation by several regulators and agencies following a series of reports by The Wall Street Journal in which former employees said the company's tests were unreliable. The tests use only a few drops of blood. Theranos said the articles were inaccurate when they were published. Forbes says its previous estimate of her wealth came from a $9 billion valuation for the company in 2014. |
I don't really give two figs, but the headline conjured up images of some big bully standing over a tiny woman, pointing at her and screaming "YOU'RE WORTHLESS!!!"
Edited to add: When I went to Bing and searched for "you are worthless" images, several pictures of her were in the top 25 or so. I guess that settles it! Thought I might a few of my own, but no such luck.
via International Skeptics Forum http://ift.tt/1XlMI0y
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