Comment by sidewndr46
3 years ago
The only unique thing about the Theranos fraud is it seem Holmes didn't make an overt moves to profit off the inflated valuation of the company.
3 years ago
The only unique thing about the Theranos fraud is it seem Holmes didn't make an overt moves to profit off the inflated valuation of the company.
I think she genuinely believed in the technology, and thought they just needed more time. Like, she kept pressuring people to work on it, and there were some small advancements in the tech, just not good enough.
I think the worst thing they did was giving those device out to healthcare institutions, when they knew it was inaccurate.
I'm not defending her, she was clearly dangerously delusional, but I think it explains why she didn't behave like a classical con artist/scammer