SAN JOSE, Calif. (AP) The fraud conviction of former Theranos CEO Elizabeth Holmes could offer Silicon Valley's culture of hubris and hype some valuable
The fraud conviction of former Theranos CEO Elizabeth Holmes could do more than just send a once-celebrated ex-billionaire to prison. In theory, it could also deliver a sobering message to a Silicon Valley culture that often gets lost in its own hubris and swagger. Will it? Don’t hold your breath. For that change to happen,…
On Monday, Elizabeth Holmes, the former CEO of Theranos, a blood-testing startup, was convicted of fraud for misleading investors about the efficacy of a testing device. Some analysts say the verdict could make Silicon Valley entrepreneurs reconsider risky business strategies.