FDA Inspectors Call Theranos Blood Vial ‘Uncleared Medical Device’

My partner just got an offer from there a couple weeks ago and fortunately turned it down. Theranos actually negotiated hard on that initial extra $10k, got turned down, then called back a bunch of times offering even more money.

Hopefully they can meet fda requirements in a reasonable time frame and aren't wholesale deceiving everyone. If not, a whole bunch of employees totally unrelated to any potential deception are going to get hurt.

Also, I think they're a perfect metaphor for why startups can't hire. They were clearly willing to pay more than the initial offer, so they negotiated hard which would have started the relationship off on an antagonistic footing for what? Then when they were turned down, they were willing to pay even more than requested. The whole thing is just stupid. (But engineering shortage!) They were also unwilling to even discuss comp for 3 rounds of interviews, and were pissy when my partner refused a 3rd round interview at 9am the next morning when emailed at 4:30pm the night before and asked to drop everything on zero notice to come in the next day.

FDA report here [pdf]: http://www.fda.gov/ucm/groups/fdagov-public/@fdagov-afda-org...