Chapter
Accountability in the Theranos Scandal
40:36 - 43:41 (03:05)
The responsibility should be equally placed on investors and governance for not taking a blood test to prove Theranos didn't work, rather than merely on regulators and the media to expose the truth post-scandal.
Clips
The responsibility for the failure of Theranos should be shared among investors, regulators, and journalists.
40:36 - 42:50 (02:14)
Theranos
Summary
The responsibility for the failure of Theranos should be shared among investors, regulators, and journalists. However, investors should have taken a blood test to prove the technology's efficacy before putting in millions of dollars.
ChapterAccountability in the Theranos Scandal
EpisodeE106: SBF's media strategy, FTX culpability, ChatGPT, SaaS slowdown & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The hosts talk about the issue of investor culpability in poorly managed companies, with a brief reference to the movie "A Fish Called Wanda" and the character who does not want to be called "dumb".
42:50 - 43:41 (00:50)
Investor Culpability
Summary
The hosts talk about the issue of investor culpability in poorly managed companies, with a brief reference to the movie "A Fish Called Wanda" and the character who does not want to be called "dumb".