Elizabeth Holmes: guilty

[bundabergdevil]

She reported to prison today.

https://www.npr.org/2023/05/30/1178728092/elizabeth-holmes-prison-sentence-theranos-fraud-silicon-valley

Neither here nor there but my lady friend works for an organization that does the service dog / prison training programs out this way.

[House P]

maybe she'll develop recipes in the prison kitchen for making baked good with only a single grain of sugar?

Sounds promising. Is there a way I can invest in this? I seem to have missed out the last time round.

[CameronBlue]

Sounds promising. Is there a way I can invest in this? I seem to have missed out the last time round.

Sounds like a good time to liquidate my position in out-of-date lottery tickets.

[budwom]

Sounds promising. Is there a way I can invest in this? I seem to have missed out the last time round.

Yes indeed, I will private message you about where you can send a $100,000 check made out to me to get in on the ground floor of this exciting business opportunity!

[camion]

Yes indeed, I will private message you about where you can send a $100,000 check made out to me to get in on the ground floor of this exciting business opportunity!

Just promise me that it isn't Amway!

[snowdenscold]

Yes indeed, I will private message you about where you can send a $100,000 check made out to me to get in on the ground floor of this exciting business opportunity!

Does 'get in on ground floor' in an investment context ever not mean 'provide exit liquidity' these days? Are there legitimate opportunities that still use this messaging?

All the crypto research has really jaded me, haha.

[budwom]

Does 'get in on ground floor' in an investment context ever not mean 'provide exit liquidity' these days? Are there legitimate opportunities that still use this messaging?

All the crypto research has really jaded me, haha.

I suspect they are available, but through ultra high end providers to their select customers, e.g. from private equity, or Goldman Sachs and the like...the Duke Endowment for example gets such opportunities...

[bundabergdevil]

Does 'get in on ground floor' in an investment context ever not mean 'provide exit liquidity' these days? Are there legitimate opportunities that still use this messaging?

All the crypto research has really jaded me, haha.

Got me wondering about Wheat.

[Reilly]

I suspect they are available, but through ultra high end providers to their select customers, e.g. from private equity, or Goldman Sachs and the like...the Duke Endowment for example gets such opportunities...

At the other end of the spectrum, I know someone who recently spent a not insubstantial amount of money on two car washes in remote hinterlands. Like, you'd look at the map and think "does anyone live there?". And soon thereafter texted me "those little [vulgarity redacted] are making money". Opportunities abound.

[CameronBornAndBred]

At the other end of the spectrum, I know someone who recently spent a not insubstantial amount of money on two car washes in remote hinterlands. Like, you'd look at the map and think "does anyone live there?". And soon thereafter texted me "those little [vulgarity redacted] are making money". Opportunities abound.

Remote hinterlands are extra dusty.

[aimo]

Sentenced reduced already???

https://abc11.com/elizabeth-holmes-s...lley/13487000/

[Blue in the Face]

Sentenced reduced already???

https://abc11.com/elizabeth-holmes-s...lley/13487000/

No. The listed release date is a projection which reflects potentially earned time off for good behavior and participation in certain programs. It doesn't reflect any change in her sentence.

[construe]

At the other end of the spectrum, I know someone who recently spent a not insubstantial amount of money on two car washes in remote hinterlands. Like, you'd look at the map and think "does anyone live there?". And soon thereafter texted me "those little [vulgarity redacted] are making money". Opportunities abound.

Or maybe your friend is taking a page from Walter White!

[budwom]

bumping this in the selfish fashion after my wife and I finished The Dropout on Hulu...pretty good representation of the Theranos fiasco, with our Blue Devil John Carreyrou as a featured good guy. And a reluctant doff of the cap to Rupert Murdoch for actually going a good thing.