It’s going to be a glorious disaster. Didn’t they slash the initial IPO estimate about six months after announcing it and shortly before the whole API thing? I haven’t cared enough to follow it closely, especially since abandoning the platform, but it really seems like the stakeholders wanting to cash in on a sinking ship before it finally goes down.
Yeah, this was an easy one to call. It’s repeated in other countries as well.
One other factor that they don’t mention is that the surge in street opioids corresponded to a crackdown on doctors writing opioid prescriptions. I saw this coming when I was doing policy analysis and looking at unintended consequences in complex systems. I don’t remember much about what degree of a surge we saw in prescriptions, but I do remember all of those “pill mill” headlines. That always struck me as a pretty manufactured crisis - but even if not, the crackdown certainly didn’t improve the situation.