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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