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by wyldfire
3019 days ago
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It seemed to me as if the author semi-sheepishly is admitting being caught up in the fervor surrounding Theranos: > I used to refer to it pretty regularly as the Blood Unicorn, Elasmotherium haimatos, because it was a Silicon Valley unicorn with a peak valuation of $9 billion that managed to raise $700 million from investors. I suppose if "unicorn" is meant to describe fundraising activities, it's accurate. They really raised that money. |
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EDIT: This article[2] (also by Matt Levine) predates [1]. “And here is a unicorn being barbecued in what looks like a medieval manuscript that I will just assume prophesies the coming of Theranos. ‘And lo, a Unicorne shall come among ye, and ye shall call it by the name Theranos, or in the Old Tongues, Elasmotherium Haimatos. And it shall take your Bloode, but only a lyttle bit of your Bloode, and it shall do strange Magick upon said Bloode, and tell ye many Things. But then it shall come to pass that its Magick was [makes 'so-so' hand gesture], and that those Things were mostly not true. And ye shall barbecue that Unicorne.’”
[1] https://www.bloomberg.com/view/articles/2016-08-02/mergers-u...
[2] https://www.bloomberg.com/view/articles/2016-05-26/libor-cha...