4 ms·
I don't know why everyone keep implying that Theranos is on a bad position. The company really worth its valuation... they aren't doing something exceptional on
by Mimick 11y ago
I don't know why everyone keep implying that Theranos is on a bad position. The company really worth its valuation... they aren't doing something exceptional on the tech world but they are just fine financially. It's a known company on a with a big market and you won't ever struggle with a business model (traditional one) on that type of tech companies.
- vskarine 11y agoThe problem is that there is little proof that they are doing fine financially because they are not public therefore not obligated to share information. If you have some proof they are doing fine financially then please share it.
- URSpider94 11y agoAt $9B, Theranos has the same valuation as Quest Diagnostics. One of these two companies is the largest medical diagnostics company in the USA, probably the world, with revenues of $1.9B in the last quarter. The other offers tests in less than 50 drug stores in two states, and just had all but one of its proprietary tests disqualified by the FDA.
- nikanj 11y agoOne of them is a strong solid workhorse, the other is a magical unicorn.