Laura Forman
Laura Forman
Tech columnist @WSJHeard. Prev. sell side research & sales. Former @StanfordJourn & @Princeton. Opinions are my own.Source
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Elizabeth Holmes Can’t Be the American Dream

Elizabeth Holmes Can’t Be the American Dream

There has long been a stereotype of Silicon Valley venture capitalists as those who chase narratives rather than numbers. Lately, the notion has permeated the masses. Last week, fallen biotechnology founder Elizabeth Holmes was convicted of defrauding some of her blood-testing company’s biggest investors. A so-called startup, Theranos at its peak was valued at more than $9 billion and, as of 2018, had raised over $1 billion, according to PitchBook, despite giving inaccurate blood-test results to some patients who have said they were falsely told they had HIV or cancer. Ms. Holmes was found...

Jan 13
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New California Law Could Spoil Some Growth for Food-Delivery Platforms

New California Law Could Spoil Some Growth for Food-Delivery Platforms

Skip to Main ContentSkip to SearchByJust how valuable has restaurant selection been to over the past year? We could soon find out.A California bill is set to require third-party delivery platforms to have stated agreements in place with merchants to deliver food orders starting Jan. 1. The bill will effectively end the growth-strategy platforms including DoorDash and Postmates have historically employed to rapidly augment their delivery footprints. Delivery platforms will have to remove so-called unpartnered food merchants, or those with which they don’t have a stated agreement, from their...

December 27, 2020
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