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Theranos Founder Elizabeth Holmes Seeks Investors For New Company (vanityfair.com)
There's a new surprise from the Wall Street Journal's John Carreyrou (author of the Theranos expose Bad Blood: Secrets and Lies in a Silicon Valley Startup). An anonymous reader shares Vanity Fair's summary of their newest podcast interview:
According to Carreyrou, Holmes is currently waltzing around Silicon Valley, meeting with investors, hoping to raise money for an entirely new start-up idea. (My mouth dropped when I heard that, too....) I'm sure she will somehow succeed in convincing someone to hand over millions of dollars, especially if venture capitalists like Tim Draper (an early Theranos investor) are still out there saying the stories by Carreyrou were wrong (they weren't), and that Holmes was on the precipice of saving the world (she wasn't) before the media came after her.
You would think that seeing Holmes's duplicity wrapped up in a neat bow in Carreyrou's book, and in the S.E.C. settlement -- which, incidentally, mentions the term "fraud" seven times -- would force Silicon Valley to perform its own due diligence, and question whether the way C.E.O.s, investors, and the media interact should be re-evaluated. But alas, the tech world doesn't see Theranos as a tech company, but rather a biotech outlier... Of course, there is still a major criminal investigation underway by the F.B.I., one that could end with Holmes behind bars.
Carreyou tells another interviewer that Theranos "is a cautionary tale about the hubris in the Valley... there's certainly a lot of innovation there, but there's also an unbelievable amount of arrogance and pretending."
You would think that seeing Holmes's duplicity wrapped up in a neat bow in Carreyrou's book, and in the S.E.C. settlement -- which, incidentally, mentions the term "fraud" seven times -- would force Silicon Valley to perform its own due diligence, and question whether the way C.E.O.s, investors, and the media interact should be re-evaluated. But alas, the tech world doesn't see Theranos as a tech company, but rather a biotech outlier... Of course, there is still a major criminal investigation underway by the F.B.I., one that could end with Holmes behind bars.
Carreyou tells another interviewer that Theranos "is a cautionary tale about the hubris in the Valley... there's certainly a lot of innovation there, but there's also an unbelievable amount of arrogance and pretending."
The phrase "A fool and their money are soon parted" is supposed to be a warning, not a lifestyle goal.
It's 2018 and there's no reason why someone who has committed fraud shouldn't believe they deserve to have more people give them money.
Crimes don't matter, fraud doesn't matter, lies don't matter. We're living in the post-truth age.
You are welcome on my lawn.
The most obvious where the Clintons.
The 'Clinton Global Fund' was openly taking bribes. Their defenders are in denial to this day.
Nobody can come up with an innocent explanation for why the bribe flow went to 0 after she lost. But they continue to defend it.
Tattoo that defense on their foreheads. Make them live the rest of their lives, embarrassed by their stupidity.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
Get your tattoo. Be proud of your willful ignorance.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'