Cathie Wood and Bill Gates Invest In Alleged Fraud
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In this video, we dissect the journey of the biotech company, Ginkgo Bioworks - from its promising inception to its dramatic fallout. Join us as we unpack the circumstances surrounding Ginkgo's $15 billion valuation and subsequent fall, losing over 85% of its stock value, and the accusations of a massive fraud. We shine a light on the company's bold claims to revolutionize various industries and examine whether its impressive revenue growth was a façade masking substantial losses. The story takes a twist as reputable figures like Cathie Wood, Bill Gates, and the hedge fund Viking Global are deceived, prompting us to ask - is Ginkgo Bioworks the largest biotech fraud in US history? Stick around as we unearth the details behind Ginkgo's alleged sophisticated accounting manipulation and the true potential of their lab in Boston, Massachusetts.
MIT article: https://www.technologyreview.com/2021...
Short report: https://scorpioncapital.s3.us-east-2....
Email us: [email protected]
Support us on Patreon: https://www.patreon.com/WallStreetMil...
Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13d...
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial #biotechnology #fraud
0:00 - 1:23 Intro
1:24 - 5:06 the hype
5:07 - 10:02 Red flags
10:03 - 16:18 The short report
16:19 Ginkgo’s response
––––––––––––––––––––––––––––––
Buddha by Kontekst SoundCloud: kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library Buddha – Kontekst (No Copyright Music)
––––––––––––––––––––––––––––––
In this video, we dissect the journey of the biotech company, Ginkgo Bioworks - from its promising inception to its dramatic fallout. Join us as we unpack the circumstances surrounding Ginkgo's $15 billion valuation and subsequent fall, losing over 85% of its stock value, and the accusations of a massive fraud. We shine a light on the company's bold claims to revolutionize various industries and examine whether its impressive revenue growth was a façade masking substantial losses. The story takes a twist as reputable figures like Cathie Wood, Bill Gates, and the hedge fund Viking Global are deceived, prompting us to ask - is Ginkgo Bioworks the largest biotech fraud in US history? Stick around as we unearth the details behind Ginkgo's alleged sophisticated accounting manipulation and the true potential of their lab in Boston, Massachusetts.
MIT article: https://www.technologyreview.com/2021...
Short report: https://scorpioncapital.s3.us-east-2....
Email us: [email protected]
Support us on Patreon: https://www.patreon.com/WallStreetMil...
Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13d...
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial #biotechnology #fraud
0:00 - 1:23 Intro
1:24 - 5:06 the hype
5:07 - 10:02 Red flags
10:03 - 16:18 The short report
16:19 Ginkgo’s response
––––––––––––––––––––––––––––––
Buddha by Kontekst SoundCloud: kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library Buddha – Kontekst (No Copyright Music)
––––––––––––––––––––––––––––––
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