3 ms·

Is Elizabeth Holmes an idiot or a smart crook? Was she a smart crook before she got caught? If Neumann catches some years for defrauding investors, will he sti

• resolutebat 3y ago
  Neumann has not been charged with fraud. He was quite open about his conflicts of interest, and SoftBank didn't care.
• YeBanKo 3y ago
  Holmes got federal prison time. Neumann did not. Arguably, Holmes did worse. Holmes was about to start selling snake oil, or rather snake oil blood test, which is essentially a medical fraud, although this is not the type of fraud that brought her to she to the prison cell. Neumann took stupid VC money for a ride. Unethical? Yes. But they giving it to him very willingly. His actions arguably could do more damage, because maybe WeWork bankruptcy can finish off SF commercial real estate market – I don't know how much of their 13 billion lease obligations are in the city. But it's hardly his fault that the system is so brittle.
  • baggachipz 3y ago
    And yet the only thing Holmes got convicted for was taking money from rich people.