> US$125 million of Theranos stock for US$1<p>I thought it was a click-bait title, but after reading the story, I am a little confused.<p>Why would he take a $125 ( minus 1 $) loss? Tax credits? Or was / is the stock worthless and the $125 mil is what he originally paid for, or accrued in value?
Theranos did not have a product/market fit not because they didn't try but they didn't actually have a working product at all it seems from the article. It's interesting to see they've been kept afloat by big name investors all these years.<p>edit: why is this comment being downvoted? Theranos failed and now looks like investors are angry. Do you disagree?