Definition of a Scam

読了時間: 4 Recently in the news, Theranos founder Elizabeth Holmes was convicted of defrauding investors. Her crime was that she lied and made claims about her company’s technology that were simply not true. If you don’t know about the case, Theranos was a start-up that wanted to revolutionize the blood testing industry. They claimed they were able to collect accurate data and detect disesases using only a single drop of blood. Their enigmatic female founder was often compared to Steve Jobs, and the company was a media darling that was once valued at almost $10B. But when people started looking deeper, they realized the company’s claims were specious at best. Their investor […]