Fall 2021: Investing Preview
Motley Fool Money
The Rise and Fall of Theranos
This chapter examines the dramatic downfall of Theranos and its founder, Elizabeth Holmes, focusing on her ongoing trial and the fraudulent claims surrounding their blood-testing technology. It explores the psychological aspects of deception, the power of storytelling, and the impact of corporate narratives on investor behavior, drawing parallels with historical instances of fraud. The discussion also highlights the role of journalism in uncovering the truth behind Theranos' facade and the implications of the scandal on Silicon Valley's investment practices.
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