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Dishearteningly true. This didn't have to happen; as I've said before on HN, Theranos seems, from the outside, to be such a blatantly, mustache-twirlingly evil
by ivraatiems 8y ago
Dishearteningly true. This didn't have to happen; as I've said before on HN, Theranos seems, from the outside, to be such a blatantly, mustache-twirlingly evil entity that it's hard to understand how anyone could have thought it was a good investment, let alone a moral choice to support.
Not that Silicon Valley, for all its crowing about making the world a better place, ever cared about that sort of thing - but they could at least be more honest about what they actually want. Growth, always, growth without limitation, growth regardless of how it is achieved. That attitude is part of what enables this kind of misconduct, and it's what will allow this to keep happening, in other companies and industries, into the future.
The Theranos Deception, linked from the posted article[1], mentions Elizabeth Holmes is asking for even more money to continue to support the company. The fact that she can still do that, and indeed, might get it, is sickening.
[1] https://www.cbsnews.com/news/the-theranos-elizabeth-holmes-deception/ https://www.cbsnews.com/news/the-theranos-elizabeth-holmes-d...
- abraae 8y agoAt the heart of many companies is often a founder who wields the reality distortion field. As a tool for smashing organizational roadblocks, as Steve Jobs did, this can work wonders. Things that seemed only potentially possible can become real. Theranos probably falls into this category too. If they had kept going, made breakthroughs, addressed the toxic culture, not been uncovered by investigative journalists while at a vulnerable stage - perhaps they would have made it. Perhaps Elizabeth Holmes still genuinely believes that all she needs is more time, money and followers for her to prove the nay-sayers wrong.