6 ms·

A part of me feels sad for Theranos. I wanted them and Elizabeth to succeed; more the latter, actually. If she had succeeded (I still hold out hope), she would

A part of me feels sad for Theranos. I wanted them and Elizabeth to succeed; more the latter, actually. If she had succeeded (I still hold out hope), she would have been a terrific role model for young women everywhere.

JamilD 11y ago
A role model for young women with parents coming from old money, with both Beltway and VC connections? It'll be great to have another role model in tech for young women, but incidents like this do more harm than good…
- ryandrake 11y ago
  This is a good point. Today's current tech role models, both male and female, are sending the unfortunate message: "Be born rich, have daddy pay for you to go to Stanford or Harvard, party a lot and make friends with rich future investors there, and you too can become a successful tech founder!"
  - JamilD 11y ago
    And don't forget to drop out after a year of college! You've made all the connections, so what else is there to learn? There are some exceptions to this pattern though, like Jan Koum and Andy Grove. We desperately need more of them in today's tech environment.
    - ryandrake 11y ago
      Maybe it's just me seeing the past through rose-colored glasses, but it seems that the "Work hard and know technology" founders were more common in the 70s, 80s, and 90s, in contrast to today's "Party hard and know rich people" founders.
      - coev 11y ago
        In the late 90s there were a lot of hucksters trying to get in on the new Internet trend, there were lots of bad companies then too.
      - ethbro 11y ago
        I think the "work hard and know technology founders" have always been around. But honestly, isn't this somewhat of a self-selection bias and something that remarks on the monotony of modern university? If you're a highly driven and entrepreneurial individual, are you going to stick around for 4+ years of enforced pace higher education?
        sethhochberg 11y ago
        You might be more inclined to stick around and finish if you didn't have familial support to fall back on if your entrepreneurial plans failed and you didn't have the credentials to secure traditional employment. Dropping out lets you get started on entrepreneurial plans sooner, but could leave you in a risky spot later if they aren't a success.
- daveguy 11y ago
  Exactly. You want a great tech role model for young women (and anyone else for that matter)? Look at Limor Fried (LadyAda of AdaFruit). https://en.wikipedia.org/wiki/Limor_Fried https://en.wikipedia.org/wiki/Limor_Fried She is a great tech role model that built a thriving maker business from scratch. She didn't have the connections to drop out of school so she finished her BS and MS at MIT. There are plenty of phenomenal female role models out there. I had three women on my committee in grad school. One co-directing a major research center. One a successful entrepreneur and one a new upcoming research associate. Anyone looking for strong female role models just needs to open their eyes.
- 1024core 11y ago
  So was Bill Gates. That didn't stop people from idolizing him.
  - Mz 11y ago
    Except, Bill Gates actually brought a revolutionary product to market. In contrast, Holmes has spent years claiming she was going to do that and reveling in being a media darling while doing a lot of really questionable things.
endymi0n 11y ago
She did make some progress for equality though - to show that not just men can be completely incompetent founders running an overhyped company that never had any connection with reality whatsoever.
- hvs 11y ago
  Unfortunately, there's a segment of society that will extrapolate the high-profile failure of one woman to reaffirm their misguided belief that her gender was part of the reason for her failure.
  - SilasX 11y ago
    Yeah, it's like the XKCD: Enron -> wow, Ken Lay sucks. Theranos -> wow, women founders suck. https://xkcd.com/385/ https://xkcd.com/385/
  - endymi0n 11y ago
    Agreed, her and Marissa Mayer make for some very visible, very unfortunate anti role models recently. Certainly doesn't help for paving the way for more women to join the top ranks.
    - forgetsusername 11y ago
      >very unfortunate anti role models recently I think there's a huge difference between the two. Sure, Ms. Meyer floundered running a big (struggling) company, especially when so much was made about "Female CEO!" But really, her "failure" is pretty average when it comes to corporate executive misadventure; nothing she did makes her unworthy of being a role-model. Ms. Holmes, on the other hand, may have overseen a massive fraud.
      - pessimizer 11y ago
        Yeah, Marissa Meyer was hired to save a dinosaur from the tarpit, and has done a mediocre job at it. She isn't even that bad - she's no Carly Fiorina - and I've never seen her ethics challenged. I'd go as far as to say that if Meyer at least manages to unwind Yahoo gracefully, she may move on to greater success in the future in a similar position.
deleted 11y ago
[deleted]
metaphorm 11y ago
in what way would she have been a role model? some evidence that being a young woman from an ultra-privileged background where high level patronage by deep state power brokers is your path to success? yeah, sure, she really "beat the odds" on that one. in fact I think that the current pending implosion of Theranos is making a good role model of her in a way she probably never intended or desired. she is a role model of what not to do: rely on insider connections to carry a fundamentally flawed (and possibly fraudulent) business plan. a cautionary tale if ever there was one.
- ryandrake 11y ago
  She'll likely personally emerge mostly unscathed, still ultra-privileged, still a celebrity, and all ready to go deploy her insider connections on another endeavor, so not sure how much of a cautionary tale this would be.
pessimizer 11y ago
But she lacks both ethics and expertise. Aren't those the things that make a role model - or is it just a turtleneck, a presentable face, and a decent speaking voice? Wouldn't a better role model be any ethical person on the planet?
forgetsusername 11y ago
>If she had succeeded (I still hold out hope), she would have been a terrific role model for young women everywhere. What a bizarre comment. Yeah, if only she had succeeded rather than running a company which may have fraudulently deceived investors and is now under criminal investigation. So, she's pretty much the opposite of a "terrific role model", no? If this wasn't a SV darling, I'm quite sure this community would be calling for her head.
woah 11y ago
I think that attitudes like this are part of what allowed Holmes to con so many people for so long. As well-intentioned as it is, your hope for the young women of tech to be inspired has nothing to do with the veracity of Theranos' claims. A lot of the breathless fluff pieces on Theranos focused on Holme's gender instead of the technology.
- pessimizer 11y ago
  I think it's to blame more on her privileged, connected background than her gender. Her gender was just something to focus on due to her lack of any other accomplishments; there's no shortage of golden white boys being elevated in the tech/mainstream media on a cloud of nothing.
whyenot 11y ago
I think she would be an absolutely terrible role model. She is a college dropout who built her company on marketing and unicorn farts without taking the time, or apparently even caring whether the science is right or wrong. We don't need role models like that. That's not something to aspire to. We already have lots of great role models in medicine and the biological sciences, including women with an entrepreneurial bent like Anne Wojcicki.

JamilD 11y ago

A role model for young women with parents coming from old money, with both Beltway and VC connections? It'll be great to have another role model in tech for young women, but incidents like this do more harm than good…

ryandrake 11y ago
This is a good point. Today's current tech role models, both male and female, are sending the unfortunate message: "Be born rich, have daddy pay for you to go to Stanford or Harvard, party a lot and make friends with rich future investors there, and you too can become a successful tech founder!"
- JamilD 11y ago
  And don't forget to drop out after a year of college! You've made all the connections, so what else is there to learn? There are some exceptions to this pattern though, like Jan Koum and Andy Grove. We desperately need more of them in today's tech environment.
  - ryandrake 11y ago
    Maybe it's just me seeing the past through rose-colored glasses, but it seems that the "Work hard and know technology" founders were more common in the 70s, 80s, and 90s, in contrast to today's "Party hard and know rich people" founders.
    - coev 11y ago
      In the late 90s there were a lot of hucksters trying to get in on the new Internet trend, there were lots of bad companies then too.
    - ethbro 11y ago
      I think the "work hard and know technology founders" have always been around. But honestly, isn't this somewhat of a self-selection bias and something that remarks on the monotony of modern university? If you're a highly driven and entrepreneurial individual, are you going to stick around for 4+ years of enforced pace higher education?
      - sethhochberg 11y ago
        You might be more inclined to stick around and finish if you didn't have familial support to fall back on if your entrepreneurial plans failed and you didn't have the credentials to secure traditional employment. Dropping out lets you get started on entrepreneurial plans sooner, but could leave you in a risky spot later if they aren't a success.
daveguy 11y ago
Exactly. You want a great tech role model for young women (and anyone else for that matter)? Look at Limor Fried (LadyAda of AdaFruit). https://en.wikipedia.org/wiki/Limor_Fried https://en.wikipedia.org/wiki/Limor_Fried She is a great tech role model that built a thriving maker business from scratch. She didn't have the connections to drop out of school so she finished her BS and MS at MIT. There are plenty of phenomenal female role models out there. I had three women on my committee in grad school. One co-directing a major research center. One a successful entrepreneur and one a new upcoming research associate. Anyone looking for strong female role models just needs to open their eyes.
1024core 11y ago
So was Bill Gates. That didn't stop people from idolizing him.
- Mz 11y ago
  Except, Bill Gates actually brought a revolutionary product to market. In contrast, Holmes has spent years claiming she was going to do that and reveling in being a media darling while doing a lot of really questionable things.

endymi0n 11y ago

She did make some progress for equality though - to show that not just men can be completely incompetent founders running an overhyped company that never had any connection with reality whatsoever.

hvs 11y ago
Unfortunately, there's a segment of society that will extrapolate the high-profile failure of one woman to reaffirm their misguided belief that her gender was part of the reason for her failure.
- SilasX 11y ago
  Yeah, it's like the XKCD: Enron -> wow, Ken Lay sucks. Theranos -> wow, women founders suck. https://xkcd.com/385/ https://xkcd.com/385/
- endymi0n 11y ago
  Agreed, her and Marissa Mayer make for some very visible, very unfortunate anti role models recently. Certainly doesn't help for paving the way for more women to join the top ranks.
  - forgetsusername 11y ago
    >very unfortunate anti role models recently I think there's a huge difference between the two. Sure, Ms. Meyer floundered running a big (struggling) company, especially when so much was made about "Female CEO!" But really, her "failure" is pretty average when it comes to corporate executive misadventure; nothing she did makes her unworthy of being a role-model. Ms. Holmes, on the other hand, may have overseen a massive fraud.
    - pessimizer 11y ago
      Yeah, Marissa Meyer was hired to save a dinosaur from the tarpit, and has done a mediocre job at it. She isn't even that bad - she's no Carly Fiorina - and I've never seen her ethics challenged. I'd go as far as to say that if Meyer at least manages to unwind Yahoo gracefully, she may move on to greater success in the future in a similar position.

deleted 11y ago

[deleted]

metaphorm 11y ago

in what way would she have been a role model? some evidence that being a young woman from an ultra-privileged background where high level patronage by deep state power brokers is your path to success? yeah, sure, she really "beat the odds" on that one. in fact I think that the current pending implosion of Theranos is making a good role model of her in a way she probably never intended or desired. she is a role model of what not to do: rely on insider connections to carry a fundamentally flawed (and possibly fraudulent) business plan. a cautionary tale if ever there was one.

ryandrake 11y ago
She'll likely personally emerge mostly unscathed, still ultra-privileged, still a celebrity, and all ready to go deploy her insider connections on another endeavor, so not sure how much of a cautionary tale this would be.

pessimizer 11y ago

But she lacks both ethics and expertise. Aren't those the things that make a role model - or is it just a turtleneck, a presentable face, and a decent speaking voice? Wouldn't a better role model be any ethical person on the planet?

forgetsusername 11y ago

>If she had succeeded (I still hold out hope), she would have been a terrific role model for young women everywhere. What a bizarre comment. Yeah, if only she had succeeded rather than running a company which may have fraudulently deceived investors and is now under criminal investigation. So, she's pretty much the opposite of a "terrific role model", no? If this wasn't a SV darling, I'm quite sure this community would be calling for her head.

woah 11y ago

I think that attitudes like this are part of what allowed Holmes to con so many people for so long. As well-intentioned as it is, your hope for the young women of tech to be inspired has nothing to do with the veracity of Theranos' claims. A lot of the breathless fluff pieces on Theranos focused on Holme's gender instead of the technology.

pessimizer 11y ago
I think it's to blame more on her privileged, connected background than her gender. Her gender was just something to focus on due to her lack of any other accomplishments; there's no shortage of golden white boys being elevated in the tech/mainstream media on a cloud of nothing.

whyenot 11y ago

I think she would be an absolutely terrible role model. She is a college dropout who built her company on marketing and unicorn farts without taking the time, or apparently even caring whether the science is right or wrong. We don't need role models like that. That's not something to aspire to. We already have lots of great role models in medicine and the biological sciences, including women with an entrepreneurial bent like Anne Wojcicki.