Tag Archives: trust

Trashing trust with a false prospectus

Theranos Inc. and Elizabeth Holmes: two names a million miles away from UK politics, and yet…

The post-trial soul-searching analysis of the failed $9.6bn Californian company and its now convicted founder/CEO, holds timely lessons not only for Westminster, but all political parties and the entire UK electorate.

The epic 10-year Theranos saga was prime example of the ‘rush for riches’ ethos epitomised by the “Fake it ‘til you make it” school of start-up innovators. The saga is not yet over. The CEO will not be sentenced for her fraud until next September, after the trial of her company’s president.

Posted in Op-eds | 2 Comments
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  • Nonconformistradical
    @Mel Borthwaite Actually it ought to be possible to measure actual vehicle emissions and dimensions automatically and in an urban area tax vehicles on that bas...
  • Mel Borthwaite
    Nonconformistradical Where we agree is that there should be restrictions on vehicle emissions in built up urban areas. Where we disagree is with banning a part...
  • Nonconformistradical
    @Mel Borthwaite So you think people who can afford it should have absolute freedom to drive around a town or city in an SUV with poor fuel consumption and high...
  • Mel Borthwaite
    @Nonconformistradical “And just suppose large numbers of the people decided to drive around in SUVs?” I have no problem with people choosing the form of t...
  • Nonconformistradical
    @Fiona Indeed many people are excluded from choosing SUVs. Which doesn't mean that those who can afford them (but probably don't need them) would stop choosing...