Through the benefit of her charm and goodwill, Holmes' company managed to secure close to $6 million in funds through crowdsourcing. The trouble was that the machine that Holmes was selling was not working. It gave wrong results most of the time, and the company ended up using other devices to do the tests instead. Workers who complained of its unreliability were sacked and were required to sign non-disclosure agreements to safeguard company secrets.

It took a Wall Street Journal journalist and a disgruntled former laboratory director to bring the company's unsafe and unethical practice to the fore. Slowly the investors pulled out, then came the court trials, then the sentencing. Holmes was barred from positions of power in any public company for 10 years.
The media still made a killing. They ran hours of the court cases' footage, interviews with so-called 'experts' on relevant topics related to the Theranos scandal. It went on till the next news that raised the curiosity of the public surfaced.
All you need is a pretty face, a convincing story with a gift of the gap and media coverage, you can sell ice to Eskimos.
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Theranos founder Elizabeth Holmes
Courtesy HBO |
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