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by fullshark 489 days ago
Briefly more valuable than the ford motor company. SPACs were borderline criminal enterprises, though this one was outright criminal.
1 comments

And yet...just watch all the people who will think because they raised $700m that they're a success to be emulated. People still fervently defend Elizabeth Holmes.
They achieved the tallest of orders; made line go up!
Well, yes, there was a product that never worked, and conviction + prison sentencing for fraud, and the bankruptcy, and out of work workers and shafted suppliers...but we shouldn't let that detract from the positive!
> People still fervently defend Elizabeth Holmes.

Dozens!