Re:Elizabeth Holmes is sentenced to more than 11 years for f...
by lazide on Saturday November 19, 2022 @03:20PM
(#33674221)
The ‘life’s work’ metric doesn’t say it’s wasted - it ends up folks pockets, of course, eventually. And some of that will of course also go into things which are more than ‘just’ living.
It’s what it was directed to accomplish, and if that activity produced something of equivalent value (or more) on it’s journey to that state, or dissipated into heat and noise.
Near as I can tell, Theranos was at least 99% heat and noise.
She didn't incinerate the money, she spent it, it went somewhere else. It went to workers and other companies.
Now maybe that money could have been spent to commission 300 workers to make great things. Maybe it would have gone to pump up the S&P 500 or some shitcoin.
The problem is that she used false pretexts to get and spend the money.