- Fraud prevention startup NS8 implodes as SEC investigates them for.... fraud
- Memo to Robinhood traders: "Bankruptcy" usually means the equity gets wiped out
- Thematic next-wave portfolio constructor Motif goes bust
- Siri: What is a "Unicorn circle jerk"?
- AirBnB Pivots to "Virtual Experiences", Lands $1 Billion Down Round
Theranos unravelling accelerates
Theranos scratches 2 years worth of lab tests.
(Turns out 94% of their “in-house” lab tests were outsourced to external companies. The 6% remaining have all just been discarded as invalid.)
BREAKING: Elizabeth Holmes’ exec assistant quits.
Funding raised: $637 M
Valuation: $9B
Revenues: undisclosed
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