A Look at Vivek Ramaswamy's Business Record

[applegrove]

A Look at Vivek Ramaswamy’s Business Record

September 8, 2023 at 4:26 pm EDT By Taegan Goddard 92 Comments

https://politicalwire.com/2023/09/08/a-look-at-ramaswamys-business-record/

"SNIP.........

“Vivek Ramaswamy, the fast-talking, Ivy league-educated, telegenic political phenom thrills Republican voters, infuriates his presidential primary opponents and styles himself as an entrepreneurial ‘scientist’ with a glittering business background and hundreds of millions of dollars to dump into his out-of-nowhere campaign for the White House,” The Messenger reports.

“But a review of Ramaswamy’s career – marked by the hyping of a failed Alzheimer drug, giant payouts when other investors got burned, lawsuits alleging pressure to break securities laws and more – reveals a businessperson whose true liquid net worth is unknown and whose track record as a successful entrepreneur shows limited value creation for anyone other than himself.”

........SNIP"

[dchill]

1. The "science" in "entrepreneurial 'scientist'"...

...is the science of Gish, by way of Mussolini.

[applegrove]

3. Science of Gish. So apt.

[dchill]

4. It DOES seem to take some training.

He's gotta be post-grad. At least.

[spooky3]

2. Sounds like a Little Donald. Nt

[BlueIn_W_Pa]

5. Not sorry, he should be in jail for what he and his mother did

just like Theranos Founder Elizabeth Holmes.

They flat out defrauded investors on a known, failed drug from GSK.

[3Hotdogs]

6. Any legal action on it? Pump and dump is frequently prosecuted.

[BlueIn_W_Pa]

7. Nope, not at all

For background:
1) bought a GSK drug patent for $5 million that GSK said was a failed drug
2) took a failed clinical trial from GSK, put his mom on it to repeat the trial (she was an Indian doctor)
3)SURPRISE!!! It works
4) Go IPO
5) He and his mom get $300 million
6) they cash out REAL FAST
7) everyone else loses when the stock crashed 99.7% IN ONE DAY because it failed FDA trials

Should be in jail

[2naSalit]

8. I think ramasmarmy is...

Too full of himself to see that he is exposing himself in a negative way thinking he's riding a wave like a pro surfer, he is actually on the back side of the wave and showing that he was never part of the gang.