In some ways this is a very sad startup saga. Holmes got herself into a huge scandal over her inability to deliver on her idea. But, it did not have to end this

In some ways this is a very sad startup saga. Holmes got herself into a huge scandal over her inability to deliver on her idea. But, it did not have to end this way. She was not the first and she won't be the last to have a startup that fails. There have been tons of companies that have taken investor's money but failed to deliver anything or have pivoted to something else without criminal consequences or even been blackball by venture funds. While looking back the idea seems like a loser, I can see how you can make a case for a working product at the time. I wonder if the fact that she had to lie to the point of it being fraud had something to do with the fact that the company was founded by a woman and it was so much harder to get funding. People point at Holmes as completely lacking morals. There might be something there but most startup founders start their business on the delusion that some how their product is so needed that it will succeed and they are willing to do a lot to make it a reality. The problem was that Holmes crossed the line. I think this case is a warning to founders on what can happen if you don't know when to call it quits and your actions shift over to fraud.