[The Theranos story] should give us pause about the state government’s rush toward deregulation and recruiting out-of-state companies, and make us ponder our choices in this year’s election.
Both Zenefits and Theranos were heavily courted by Scottsdale’s Economic Vitality Department (or whatever they call themselves these days) at the direction of embattled incumbent mayor Jim Lane. Theranos occupied space in the heavily-taxpayer-subsidized SkySong buildings, but we won’t know what kind of deal they got. As a “public-private partnership,” SkySong financials are beyond the purview of curious taxpayers.
These actions were part of Jim Lane’s goofy “cure corridor” concoction.