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Why doesn't Elizabeth Holmes start a new company? I bet she could get a lot of funding from her track record and learning from her mistakes.
by sherinanigans 4y ago
Why doesn't Elizabeth Holmes start a new company? I bet she could get a lot of funding from her track record and learning from her mistakes.
- Finnucane 4y agoBecause Adam Neumann, for some reason, is not going to jail, but remains free and rich.
- WJW 4y agoAdam Neumann talked Softbank into willingly investing a whole bunch of money into WeWork at a valuation that was unlikely to be realized in all but the most optimistic scenarios. While Softbank could/should have been more prudent, being irrationally optimistic is not illegal. I don't understand why anyone would be willing to give him another shot given his track record, but I guess A16z is free to do with their money as they please. Elizabeth Holmes endangered the public by knowingly selling them fake blood test results, which is a crime. That is why she is in jail and Neumann is not.
- ok_dad 4y agoNo, she’s in jail for defrauding investors. No one cared about any actual humans, just a few dragons hoarding gold who were duped.
- jostmey 4y agoActually, she is in jail for wire fraud, not because she sold fake blood test results. I think she claimed contracts that did not exist, among other things. Reading this thread, it doesn’t sound like Adam Neumann did this
- differentView 4y agoShe's actually out on bond. Sentencing is scheduled for October 17, 2022.
- sergefaguet 4y agoshe will, and she will be heavily funded. i'd love to invest in her next thing.
- blackshaw 4y agoBecause she's about to spend 20 years in jail?