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The fact that Madoff's intent was criminal from the outset and that Holmes' probably wasn't is irrelevant. The point is that it became criminal. And that's why
by alexqgb 10y ago
The fact that Madoff's intent was criminal from the outset and that Holmes' probably wasn't is irrelevant. The point is that it became criminal. And that's why she's in the firing line today.
- Fricken 10y agoAt what point did she shift from being an optimistic entrepeneur to a criminal? Was it when she started getting magazine covers? Was it when Hwnry Kissinger joined the board of directors? She's still giving her company 110% in spite of everything that has transpired. Usually the correct time for a startup founder/CEO to call it quits is when they run out of capital, until then it's their job to try and make it work come hell or high water.
- chx 10y agoWhen she lied about what Theranos has...?
- ng12 10y agoWhen diagnostic medicine was being conducted with technology she knew wasn't what it was claimed to be. We threw the Enron guys in prison and they only hurt people's wallets, not their health. I don't think she gets off the hook because she's a Sillicon Valley sweetheart.
- oneloop 10y agoBasically, when she said "our machines, which we have already deployed in production and doctors are using them to make potentially life/death decisions, can do X". At that point.
- rdtsc 10y ago> At what point did she shift from being an optimistic entrepeneur to a criminal? Going out on a limb here, I would say when found out their machine didn't provide accurate results. Yet waited until threatened to be closed for two years before voiding results. This is not Uber for Dogs, and puppy doesn't get to the park to play with its friends, but potentially life or death situations. We are not talking just a 0.01% error rate, this is stuff like like 20-40% error rates in some tests. > Was it when Hwnry Kissinger joined the board of directors? Well, some would say it would be a warning sign, for sure ;-)
- learningram 10y agohttp://www.vanityfair.com/news/2016/09/elizabeth-holmes-theranos-exclusive http://www.vanityfair.com/news/2016/09/elizabeth-holmes-ther... Read this article.