So, I didn't have any legal reason to not tell this story, but I had friends that were involved, and had no reason to get them into trouble.

With Elizabeth Holmes sentencing today, I think pretty much the entire story has come to a conclusion.

But the entire thing is sordid.
My tiny part? I was doing my fellowship in NYC. A childhood friend had a venture capital (he shall remain nameless; he has since made a tiny pot of gold). But his VC venture was affiliated with big players, including the likes of a guy from Omaha as well as people from Safeway.
He called me up specifically because they had gotten a request from a tiny company out of California called 'Real-Time Cures', that had a proposal that would change the medical industry!

It sounded like one of those elixirs from the 1800s.
I had, as they say, a very particular set of skills, as Liam Neeson would say. I had worked in labs studying microfluidics and biochemistry for analysis of serum samples.

In short...I kind of new what they were talking about.
At the time, my wife was expecting, I was in fellowship, we didn't have a ton of money...and my friend was going to throw me a few grand to go over the science here and tell them what I thought.

How could I refuse?
So, I got the documents they provided...and they were, to put it mildly, trash. They had no real data sets. Most of it was gibberish.

And I told my friend this.
But there were major people pushing this. So they offered me a little more money to join them on a meeting they were going to have with Dr. Roy, who was working with Holmes at the time (I never met Holmes).
In that meeting, I sat in the back, mostly because I was a nobody that was sleep deprived from being on call the night before ( I am not kidding).

But I got asked two questions. One was about the microfluidic technique, and was about the sample size.
Remember...I was sleep deprived! It is hilarious in hindsight. But I was annoyed, and basically said it was all bullshit.

I then got yelled at by some of the Theranos people for saying I didn't know what I was talking about. But I didn't care...I needed more coffee.
After the meeting, my friend and a couple of his colleagues (who represented a couple billionaires, but for the life of me I can't remember who) asked me again. I told them that it looked all fake to me. None of them invested.

The Safeway guys didn't ever talk to me.
Anyway, I took my check, and happily invested it in my son's college fund just after he was born, and didn't think about the entire thing for a LONG time.

Until about 2015, in fact. That was when John Ioannidis (of COVID fame) wrote this.

pubmed.ncbi.nlm.nih.gov/25688775/
Now, this was almost a decade later. And I had forgotten the whole thing. So I call my friend...and he laughed. Basically, he knew the entire thing was going to blow up at this point (the VC guys had caught wind finally). He did thank me for saving them a bunch of money though.
I never did hear from the Safeway guys. I later learned they lost something like a few hundred million dollars. And the irony is, if I had a better cup of coffee that morning, I might have been able to make a better argument and saved them that money. Oh well.
So, overall, I think I got paid around $10k for the entire thing? Maybe a little more. Anyway, I dumped that into my son's college fund, and its grown so much that it probably will pay for most of his college.

So Theranos, in a weird way, is going to fund my kid's education.

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More from @Neoavatara

Dec 1
Once again proving Janet Yellen isn't just wrong...she is downright lying.

The deflating of the great cash cushion ft.com/content/5ccae2…
"In 2020 and 2021, generous benefits...helped households squirrel away roughly $2.3tn in excess savings — the amount above what they would have saved had there been no pandemic. This powered a surge in demand as the economy reopened (fuelling upward pressure on inflation)."
Why is Yellen lying about this? And is @StephenAtHome ignorant of this?

"But with consumer price inflation running at 7.7 per cent in October and median wages rising 6 per cent, according to the At"lanta Fed’s wage growth tracker, people’s standards of living are falling."
Read 4 tweets
Dec 1
Er...

Look, its good that gas prices are dropping. But costs across the board are still increasing...almost at 8% annually.

Until housing, food, etc, drop to 2020 baseline (which is, never) this is going to be a problem.
Inflation like many things ebbs and flows. But we still are largely going in the wrong direction. Inflation is increasing far faster than incomes. Basic needs like housing are increasing even faster. Gas prices are always shorter term fluctuation dependent; the others are worse.
One key point: Every time Democrats pooh pooh the idea that inflation is hurting (remember when Biden promised it was transitory?), what they are really saying is that they have no answers for the problems hitting your pocket book. They just are praying that it will solve itself.
Read 4 tweets
Dec 1
Circling back to this because I wanted to comment more...
"The law, narrowly written in hopes of avoiding First Amendment entanglements, would designate the spread of false or misleading information to patients as “unprofessional conduct,”

THE LAW IS NOT NARROWLY WRITTEN. In fact, there is NO definition for 'misinformation' in the law.
Feel free to read the bill. Tell me their 'narrow' definition of misinformation or disinformation.

Curious what @stevenleemyers definition of 'narrow' is?

leginfo.legislature.ca.gov/faces/billText…
Read 11 tweets
Nov 29
I know many disagree, but I think it is useful to give these racist idiots a platform to show how pathetic and moronic they sound.

Banning the racists doesn't make the racism go away in any way. They just go underground.

This? This at least diminishes them some.
Kanye walking out of this interview like a pathetic puppy with his tail between his legs shows how intellectually inferior and cowardly he is in ways that no amount of discourse without Kanye can do.
Read 4 tweets
Nov 29
Lets be honest: they would be happier if that little girl had been aborted, and keep acting like it.
People will say I am uncivil, or mean spirited, or whatnot...

It is NOT ME that is meanspirited and uncivil.

It is Joe Biden and his family.
People like 'HOW CAN YOU!'

Well, no offense, I care far, far less about Biden's feeling than the welfare of that child.

If you are defending the Biden family over that child, it is you that is heartless, not me.
Read 7 tweets
Nov 18
So as someone that was shadow banned, it's a bit different.

At least here you know which tweet was the offending one. Ideally they will say why too.

In the previous regime it was 100% opaque and random.
Furthermore, previously involved your whole account. And everything you said during the ban was limited in distribution. In this rule change, it only refers to the single offensive tweet, which a far more limited punishment.
In fact, I didn't know I was even banned until somebody else told me they weren't seeing my tweets anymore. There was no way for me to even know that I was being punished. Imagine the stupidity of that kind of rule. That's what these people are defending.
Read 5 tweets

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