How did Elizabeth Holmes acquire such a long leash?

A truism among early-stage investors is that “you don’t invest in technologies, you invest in people”. The idea is that a smart, resourceful team will find a way to succeed, even if their technology crashes hard on the rocks of reality. Great leaders, the thinking goes, will always find a way forward. That’s not a Read More …

What happens now that Elizabeth Holmes has been accused of fraud by the SEC?

Well, here’s two things that I hope will happen: Science journalists stop being such suckers for facile storylines. I mean, most of the Theranos coverage amounted to “Brilliant college dropout disrupts trillion-dollar industry with this one weird trick!”. They should aspire to writing stories better than the banner ads on their webpages. The whole notion Read More …