I'm amazed no one in that thread asked you for details about this. What happened?
To be fair, I do not know for sure if HIS house went under; there are houses in the neighborhood that were spared.
I didn't bother to ask because when I stalked him it said he was an employee of Theranos, and I decided it was probably not a good idea to poke a hornet's nest.
Speaking of Theranos, back when I was in my 2nd postdoc (2013) we were talking about how theranos was a fraud and it was going to come crumbling down, Some other crazy short term things I predicted: Sarah Palin VP candidate, Feb 2008, Simone Giertz becoming famous (ca winter 2015). I also predicted the failure of the first starliner launch (documented here in HN). I also have managed to pick some ascendant "obscure" PLs just before hockey sticking. Used Julia professionally in 2015 (proof of use in 2017: https://www.youtube.com/watch?v=aP0Y1uAA-2Y&t=53m), used Elixir in 2017, been using Zig since 2019. And I haven't really used any other non-mainstream PLs, so I have a pretty good hit record I think. And a couple of obscure cryptos that I don't want to talk too much about.