tag:blogger.com,1999:blog-3057869926275243678.post4358967562692871195..comments2024-03-07T17:15:19.426-08:00Comments on Lies, Damn Lies, and Startup PR: Theranos Updates - Loan defaults, layoffs, bankruptcy, and mega-rich families burning half a billion dollars.StartupPRhttp://www.blogger.com/profile/10863632782404121915noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3057869926275243678.post-8175180024827593332018-05-15T13:49:49.028-07:002018-05-15T13:49:49.028-07:00This comment has been removed by a blog administrator.nickhttps://www.blogger.com/profile/10322087056067731502noreply@blogger.comtag:blogger.com,1999:blog-3057869926275243678.post-74570222800481714152018-05-12T17:05:54.789-07:002018-05-12T17:05:54.789-07:00There's unlikely to be a bidding war, if my ta...There's unlikely to be a bidding war, if my take on the Fortress loan is correct. That deal I think is structured so that Fortress walk off with everything of value - if you go back to my December article I pulled a quote to demonstrate this <br /><br />"The loan from Fortress is collateralized by Theranos’s patent portfolio and the deal grants Fortress warrants for 4% of the company’s equity"<br /><br />Basically, the IP belongs to Fortress, and that was the point of the deal from the get-go.StartupPRhttps://www.blogger.com/profile/10863632782404121915noreply@blogger.comtag:blogger.com,1999:blog-3057869926275243678.post-40460267469007300962018-05-09T10:05:14.891-07:002018-05-09T10:05:14.891-07:00I think the most interesting thing in the letter i...I think the most interesting thing in the letter is that Theranos seems to think they have IP covering what Proteus Digital Health is doing. If that's true, the IP might be quite a gold mine, and they might be able to start some kind of bidding war. Perhaps that's why Holmes inserted that tidbit.Anonymousnoreply@blogger.com