Feb 6th: Theranos article (vocab)

precocious founder

about the veracity of its now discredited blood-testing technology.

based on secrecy in the hope that she could still pull it off

The Wall Street Journal had alleged that the company was, in effect, a sham—that its vaunted core technology was actually faulty and that Theranos administered almost all of its blood tests using competitors’ equipment.

Instead, she remained largely holed up in a conference room, surrounded by her inner circle.

Half-empty food containers and cups of stale coffee and green juice were strewn on the table as she strategized with a phalanx of trusted advisers, including Ramesh “Sunny” Balwani, then Theranos’s president and C.O.O.; Heather King, the company’s general counsel; lawyers from Boies, Schiller & Flexner, the intrepid law firm; and crisis-management consultants.

line your pocket(s) › to earn money using dishonest or illegal methods: Staff at the bank have apparently been lining their pockets with money from investors’ accounts.

sold off the shelves

John Carreyrou, a recalcitrant health-care reporter from The Wall Street Journal.

her long blond hair tousled, her smile amplified by red lipstick. “First they think you’re crazy, then they fight you, and then, all of a sudden, you change the world.” When Cramer asked Holmes for a terse true-or-false answer about an accusation in the article, she replied with a meandering 198-word retort.

lubricant

entrepreneurs, venture capitalists, and the tech media pretend to vet one another while, in reality, functioning as cogs in a machine that is designed to not question anything—and buoy one another all along the way.

In some ways, the near-universal adoration of Holmes reflected her extraordinary comportment.

entrepreneurs, venture capitalists, and the tech media pretend to vet one another while, in reality, functioning as cogs in a machine that is designed to not question anything—and buoy one another all along the way.

. As Gardner explained, it is impossible to get a precise result from the tip of a finger for most of the tests that Theranos would claim to conduct accurately. When a finger is pricked, the probe breaks up cells, allowing debris, among other things, to escape into the interstitial fluid.

 

In his downtime, he would read I, Claudius, a novel about a man who plays dumb to unwittingly become the most powerful person on earth.

who was commissioned to make short industrial documentaries

While the government was scouring through Theranos’s inaccurate files and data, Carreyrou was approaching the story not as a fawning tech blogger, but rather as a diligent investigative reporter.

Carreyrou was simply emboldened.

Silicon Valley, once so taken by Holmes, has turned its back, too. Countless investors have been quick to point out that they did not invest in the company—that much of its money came from the relatively somnolent worlds of mutual funds, which often accrue the savings of pensioners and retirees; private equity; and smaller venture-capital operations on the East Coast. In the end, one of the only Valley V.C. shops that actually invested in Theranos was Draper Fisher Jurvetson.

She’s holding on to her story like a barnacle on the side of a ship.”

 

 

 

 

 

 

 

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