Re:Theranos reportedly laying off 41% of its workforce
by MaxfordAndSons on Monday January 09, 2017 @02:18PM
(#13358936)
> However, I expect that Elizabeth Holmes will be back far too soon and will wreak havoc on an even larger scale.
A larger scale than raising $10b for vaporware? No way. She's the biggest business fraud story of the decade, and in the top 5 for the 21st century thus far. I can't imagine she'll ever raise another penny of VC, for Theranos or anything else. Nor will she have a future in politics - Fiorina may have been controversial and destroyed jobs but she did so in a way that conservatives could frame as being a "pro-business" success. Even if most politicians are fraudsters of one kind or another (and ironically Holmes's skill at fraud, deception, secrecy and doublespeak might predict her being a skilled politician), there's no path to politics for someone whose life story is already so publicly toxic.
A larger scale than raising $10b for vaporware? No way. She's the biggest business fraud story of the decade, and in the top 5 for the 21st century thus far. I can't imagine she'll ever raise another penny of VC, for Theranos or anything else. Nor will she have a future in politics - Fiorina may have been controversial and destroyed jobs but she did so in a way that conservatives could frame as being a "pro-business" success. Even if most politicians are fraudsters of one kind or another (and ironically Holmes's skill at fraud, deception, secrecy and doublespeak might predict her being a skilled politician), there's no path to politics for someone whose life story is already so publicly toxic.