There are plenty of people whp are great at excel but you chose to talk about him. Don't give that guy any more attention. Thats what he wants. Lets all just forget about him and go on with our lives.
And before anybody downvotes me- please inform yourself- not a single person had to pay a penny more than what they had to pay before the price increase, except the insurance firms.
Here’s vanity fair, with their profile on him.
https://www.vanityfair.com/news/2015/12/martin-shkreli-pharm...
He went to jail for securities fraud. If he is as smart as he and others say he is, then his culpability is absolute.
I can be sympathetic, but not willfully blind to actual fault.
There's no world in which adding a middleman for a regular and ongoing service lowers the overall cost of that service.
HN is the only place I find people defending that guy. I suspect it's because this forum is full of douchebags who identify with him.
Generalizing people or groups of people over shallow associations says more about the commenter than those commented on.
Here's a fun question for you as an HN'er: what was the name of Shkreli's pharmaceutical company?
Shkreli was one of many finance types who have fully drunk the koolaid. He is not alone, and the others too would be prosecuted if people had the time and awareness to be incensed with the culture.
In his defense, shkrelli didn’t know he was a tool. On the one hand singing praises of the free market and on the other taking advantage of every loophole someone could find.
I mean the argument that “no body has to pay a dime more.” Is so patently ludicrous for someone who works in finance, that it can only be called disingenuous.
The difference between HN and New York is that finance thinks it’s ok. HN was founded by people/culture who saw Wall Street as everything they didn’t want to be. (And now a sad reminder of how money changes perception)
BTW, I could similarly make ridiculous statements about technologists or scientists.
I’ve worked number of places and can’t think of a single person out of hundreds that would think this behavior is OK.
The defense on this issue is pretty clear cut, raising the price is not illegal. If there is something illegal, then it should be in a regulation somewhere.
If he is doing something the market is open to, then it’s not a problem and he is doing a service by forcing the market or regulators to respond.
Maybe he was a douche about it, but that’s a stylistic issue, not a practical one.
He did get dinged for securities fraud, not price gouging as I recall.
No. Starts with T. Turing Pharmaceuticals.
That firm later sued him.
Turing was his second pharma firm. Made soon after his ouster/leaving.