3 ms·

Holmes is an interesting case because she got the opposite treatment as SBF: the press started running negative stories almost immediately while the tech indust

Holmes is an interesting case because she got the opposite treatment as SBF: the press started running negative stories almost immediately while the tech industry was still neutral-to-defensive.

kgwgk 4y ago
“almost immediately” relative to when?
- MichaelCollins 4y ago
  Once Bad Blood was published. It took a few years for the dam to break, but once it did the rest of the media piled on quick. The FTX dam broke a few weeks ago and so far the media generally seems unenthusiastic about covering the story. Most people I've mentioned it to haven't heard of it yet; that's the media's fault.
  - AlbertCory 4y ago
    The book came out in 2019. The first WSJ story was 2015. I don't think the media turned into a mob until after the book, as you said.
  - kgwgk 4y ago
    I don't think most people would recognize Elizabeth Holmes or Theranos. It's not like it's difficult to find FTX in the news anyway. https://usatoday.com/story/money/2022/11/17/ftx-collapse-ceo-regrets-bankruptcy-filing/10720437002/ https://usatoday.com/story/money/2022/11/17/ftx-collapse-ceo... https://usatoday.com/story/opinion/2022/11/19/ftxs-collapse-warning-investors-excessive-risk/10719414002/ https://usatoday.com/story/opinion/2022/11/19/ftxs-collapse-... https://usatoday.com/story/sports/nba/2022/11/22/miami-dade-asks-for-right-to-remove-ftx-name-from-heat-arena/50965343/ https://usatoday.com/story/sports/nba/2022/11/22/miami-dade-...
    - factsarelolz 4y ago
      > I don't think most people would recognize Elizabeth Holmes or Theranos. I tend to agree. I've never spoke of theranos or EH with friends or more specifically my wife. The other day she brings it up... "What do you know about Elizabeth Holmes? She just had a baby and is going to jail for 15 years" The pregnancy / child / jail is what made my wife interested. I told her that I didn't have much information on the subject other than the company said they could do x, pulled in a ton of cash, and couldn't do x. She then proceeded to watch every documentary / book / article she could find on EH and Theranos. It was the pregnancy topic that made my wife interested. Not the amount of money or fraud, pregnancy which is something she can relate to.
kevin_thibedeau 4y ago
There were a lot of softball fluff pieces on her after the allegations. There was ongoing boosterism from the "lean in" crowd who never understood the impossibility of a sophomore dropout having expertise in biology, engineering, and business administration.

Holmes is an interesting case because she got the opposite treatment as SBF: the press started running negative stories almost immediately while the tech industry was still neutral-to-defensive.

kgwgk 4y ago

“almost immediately” relative to when?

MichaelCollins 4y ago
Once Bad Blood was published. It took a few years for the dam to break, but once it did the rest of the media piled on quick. The FTX dam broke a few weeks ago and so far the media generally seems unenthusiastic about covering the story. Most people I've mentioned it to haven't heard of it yet; that's the media's fault.
- AlbertCory 4y ago
  The book came out in 2019. The first WSJ story was 2015. I don't think the media turned into a mob until after the book, as you said.
- kgwgk 4y ago
  I don't think most people would recognize Elizabeth Holmes or Theranos. It's not like it's difficult to find FTX in the news anyway. https://usatoday.com/story/money/2022/11/17/ftx-collapse-ceo-regrets-bankruptcy-filing/10720437002/ https://usatoday.com/story/money/2022/11/17/ftx-collapse-ceo... https://usatoday.com/story/opinion/2022/11/19/ftxs-collapse-warning-investors-excessive-risk/10719414002/ https://usatoday.com/story/opinion/2022/11/19/ftxs-collapse-... https://usatoday.com/story/sports/nba/2022/11/22/miami-dade-asks-for-right-to-remove-ftx-name-from-heat-arena/50965343/ https://usatoday.com/story/sports/nba/2022/11/22/miami-dade-...
  - factsarelolz 4y ago
    > I don't think most people would recognize Elizabeth Holmes or Theranos. I tend to agree. I've never spoke of theranos or EH with friends or more specifically my wife. The other day she brings it up... "What do you know about Elizabeth Holmes? She just had a baby and is going to jail for 15 years" The pregnancy / child / jail is what made my wife interested. I told her that I didn't have much information on the subject other than the company said they could do x, pulled in a ton of cash, and couldn't do x. She then proceeded to watch every documentary / book / article she could find on EH and Theranos. It was the pregnancy topic that made my wife interested. Not the amount of money or fraud, pregnancy which is something she can relate to.

kevin_thibedeau 4y ago

There were a lot of softball fluff pieces on her after the allegations. There was ongoing boosterism from the "lean in" crowd who never understood the impossibility of a sophomore dropout having expertise in biology, engineering, and business administration.