Chapter
The Failure of Elizabeth Holmes' Theranos
1:20:27 - 1:25:46 (05:19)
The podcast discusses the accusations of fraud against Elizabeth Holmes and her company Theranos, the legal implications of falsifying documents, and the consequences of committing fraud in the business world.
Clips
The allure of more capital can deter a company from accusing another business of committing fraud.
1:20:27 - 1:21:28 (01:01)
Summary
The allure of more capital can deter a company from accusing another business of committing fraud. Investors see success as good for the industry, and pointing out fraud can lead to negative feedback and harms the reporting company's integrity.
ChapterThe Failure of Elizabeth Holmes' Theranos
EpisodeE47: Facebook's week from hell, Ellen Pao on sexism in Elizabeth Holmes coverage, Newsom's win, frauds & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The accusations against Elizabeth Holmes for lying about the capabilities of her product and falsifying documents is seen as fraud because it involves lying about past and present capabilities.
1:21:28 - 1:23:04 (01:35)
Summary
The accusations against Elizabeth Holmes for lying about the capabilities of her product and falsifying documents is seen as fraud because it involves lying about past and present capabilities. Failed promises from founders, however, is not fraud, even if their vision and promotion is unrealistic and ultimately doesn't come to fruition.
ChapterThe Failure of Elizabeth Holmes' Theranos
EpisodeE47: Facebook's week from hell, Ellen Pao on sexism in Elizabeth Holmes coverage, Newsom's win, frauds & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The hosts discuss the Theranos scandal and Elizabeth Holmes' false claims about the company's technology.
1:23:04 - 1:25:46 (02:42)
Summary
The hosts discuss the Theranos scandal and Elizabeth Holmes' false claims about the company's technology. Despite being a valid idea, lies were told and people were ultimately deceived.