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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....

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#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


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